ALB Limited 06.06.2024

ADP Non-Farm Employment Data in the US economy remained below expectations.

XAUUSD - Gold Technical Analysis

Ons Gold broke the 2350 level, which is an important resistance point, upwards after the ADP Non-Farm Payrolls data announced in the US economy yesterday, which was below expectations. Ons Gold, which started the morning hours with a positive outlook, is trading in the 2368 region. If the upward acceleration continues, the 2385 level can be followed as a resistance point where reaction sales may come. In possible profit realisations, reaction purchases can be expected to come from the 2350 level.

Resistances: 2385 / 2400 / 2425
Supports: 2350 / 2325 / 2300
 

XAGUSD Technical Analysis

Ons Silver is trying to compensate for Tuesday's losses, accompanied by data below expectations in the US economy and views that the labour market is softening. If the upward acceleration continues, the 30.70 level can be monitored as a resistance point. In possible downward movements, the 29.75 level can be followed as a support point where reaction purchases may come.

Resistances: 30,70 / 31,60 / 32,50
Supports: 29,75 / 28,80 / 28,00
 

EUR/USD Technical Analysis

The pair is trading in the 1.0885 region in the morning hours due to the dollar index, which lost strength with the optimistic data coming from the US economy. The ECB interest rate decision to be announced today and Lagarde's speech will be the most important development to be closely followed in the markets. In possible withdrawals, the 1.0800 level can be followed as a support point. In case of possible upward movements, the level of 1.0900 can be followed as a resistance point.

Resistances:  1,0900 / 1,0975 / 1,1000
Supports:  1,0800 / 1,0725 / 1,0700
 

NAS100 Technical Analysis

With reports that upside expectations may come in Nvidia stock, the Nasdaq index has hit a new record high. After this process, the 19160 level can be followed as a critical threshold. In case of possible withdrawals from this level, 19000 and 18950 levels can be followed as support points.

Resistances: 19160 / 19250 / 19500
Supports: 19000 / 18950 / 18675
 

UKOIL Technical Analysis

Ukoil retreated to 76.75 with the developments that the supply cut will gradually end. Ukoil, which has been trying to recover its losses as of yesterday, is trading in the 78.75 region in the morning hours. If the upward movement continues, the level of 79.50 can be monitored as a support point. In possible withdrawals, the 77.75 level can be followed as a support point.

Resistances: 79,50 / 80,70 / 81,70
Supports: 77,75 / 77,25 / 76,75

Tags: Technical Analysis, Analysis, Forex

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