Countdown in Global Markets

XAUUSD - Gold Technical Analysis

Ounce Gold continues a calm course in the morning hours while entering the critical week in global markets. US Bond interest rates are a metric to be monitored for the precious metal, which showed some retreat after the Non-Farm Payrolls data, which came well below expectations on Friday and failed to create a reference value. The presidential elections to be concluded in the US this week will show the road map for the precious metal. On the other hand, while it seems certain that the FED will cut interest rates on Thursday, Powell's speech and text may indicate the future course for the precious metal. Technically, 2750 and 2775 dollars can be followed as resistance levels in upward movements in the precious metal, which followed a horizontal course on the first trading day of the new week. In retreats, 2730 and 2715 can be followed as support levels.

Resistances : 2750 / 2775 / 2785
Supports : 2730 / 2715 / 2700
 

XAGUSD Technical Analysis

Ons Silver, which started the first trading day of the new week with a buying trend, continues to test 32.50 levels, a valuable threshold. For the precious metal, which is looking for support at these levels after the sharp retreat it experienced last week, the data to be announced this week are important in pricing movements. The FED interest rate decision to be announced on Thursday and the US presidential elections are the major data to be followed in this regard. If recovery trends continue in the precious metal, 32.95 and 33.10 can be monitored as resistance levels. In possible withdrawals, 32.50 and 32.25 can be followed as support levels.

Resistances : 32.95 / 33.10 / 33.20
Supports : 32.50 / 32.25 / 32.10
 
 

EUR/USD Technical Analysis

A busy week begins in the pair. On the US side, the buoyant economy and the slowdown in the rate of decline in inflation seem to have increased the demand for the dollar again before the elections. Last week, the Non-Farm Payrolls data in the US, which came in well below expectations, helped to re-strengthen the perception of interest rate cuts and $ 1.09 levels were observed in the pair, but these levels could not be sustained. Today, in the morning hours, the level of 1.0895, where the 200-day exponential average is located, is seen as an important threshold. If this level is exceeded upwards, 1.0905 and 1.0920 can be followed as resistance levels. In possible retracements, 1.0885 and 1.0870 can be monitored as support levels.

Resistances : 1.0905 / 1.0920 / 1.0930
Supports : 1.0885 / 1.0870 / 1.0860
 

NAS100 Technical Analysis

One day before the presidential election in the US, surveys still show that the race is still neck and neck. A limited pricing environment continues in the Nasdaq100 index due to this situation. Above the 50-day exponential average, 20323 / 20482 and 20646 levels can be followed as resistance when the upward outlook continues in the contract. In possible selling trends, 19959 / 19690 and 19506 can be targeted as support levels.

Resistors : 20323 / 20482 / 20646
Supports : 19959, / 19690 / 19506
 

UKOIL Technical Analysis

Oil futures contract OPEC announced on Sunday that it decided to postpone the planned oil production increase in December for the 2nd time due to the weak demand from China and the downward pressure on the oil market from the increasing supply outside the OPEC group. On the other hand, the tension between Iran and Israel triggered upward movements in oil.
In the contract, where the upward outlook continues, 74.93 / 75.56 and 77.52 levels can be followed as resistance. In possible selling trends, 73.60 / 72.66 and 71.05 can be targeted as support levels.

Resistances : 74,93 / 75,56 / 77,52
Supports : 73.60 / 72,66 / 71,05