EUR/USD and WTI crude oil are among the key markets in focus as traders evaluate two high-conviction trade setups heading into the week. The EUR/USD pair continues to navigate shifting sentiment driven by diverging monetary policy expectations between the European Central Bank and the Federal Reserve. The US Dollar Index remains a critical reference point, with any sustained weakness likely to provide tailwinds for the euro. Meanwhile, WTI crude oil prices are influencing broader risk sentiment and commodity-linked currencies, adding another layer of complexity to forex positioning. Traders are monitoring upcoming economic releases and central bank commentary for directional cues. On the technical front, EUR/USD faces key resistance and support zones that could define near-term price action, while oil's trajectory may impact inflation expectations and, by extension, rate path projections. Market participants should watch for breakout signals in both assets, as correlated moves could amplify volatility across major forex pairs in the sessions ahead.
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