CPI Data to be Announced in the US Today

XAUUSD - Gold Technical Analysis

Last week, the US side was quite active. Fed minutes, JOLTS data, PMIs, ADP... but Non-Farm Payrolls data had the last word on Friday. This week is also fast-paced. Despite the increase in volatility on the gold side after the US PPI data, which was below expectations yesterday, the precious metal managed to maintain its gains. Today, US CPI data is on the agenda. Despite the strong dollar and high bond yields, Trump's influence makes things difficult for the precious metal. In Ounce Gold, which started the new day with a buying course, on the technical side, the $ 2690 level can be defined as a resistance point, while $ 2660 can be followed as a support level.

Resistances 2690 / 2700 / 2715
Supports: 2660 / 2650 / 2635
 

XAGUSD Technical Analysis

Testing its 200-day average, the precious metal has a slightly sellers course on the new trading day. The precious metal, which followed a volatile course after the US PPI data yesterday, may exhibit a similar outlook after the US CPI data today. On the technical side, 29.65 and 29.45 can be monitored as support levels. In possible recovery movements, the 30.00 level is seen as an important threshold for the precious metal, while 30.30 and 30.60 can be followed as resistance levels if this level is crossed upwards.

Resistances: 30.00 / 30.30 / 30.60
Supports: 29.60 / 29.45 / 29.10
 

EUR/USD Technical Analysis

With the US PPI data below expectations, the pair showed a slight recovery effect. CPI data will be announced in the US today. While monthly expectations remain unchanged, it is expected to be 2.9% with an increase of 0.2 points on an annual basis. How the data will be announced is critical for the pair at this point. There is a possibility that a CPI data above the expectation will tie the FED's hands on the interest rate cut path. On the technical side, if the recovery continues in the pair, which started the new day with slight sellers, 1.0345 and 1.0385 can be followed as resistance levels. In possible retreats, 1.0260 and 1.0215 can be followed as support levels.

Resistances: 1.0345 / 1.0385 / 1.0425
Supports: 1.0260 / 1.0215 / 1.0175
 

NAS100 Technical Analysis

Signs of recovery are seen on the Nas100 side in the morning hours. The futures index contract, which retreated after the peak level seen on 17 December and showed pricing movement at levels close to its 100-day exponential average, is following a slightly buying course in the morning hours today after the volatile course it experienced yesterday. If the recovery movements in the contract continue, 21145 and 21335 can be monitored as resistance levels. 20825 and 20680 can be targeted as support levels.

Resistors : 21145 / 21335 / 21525
Supports : 20825 / 20680 / 20500
 

UKOIL Technical Analysis

UKOIL, which closed the week below $ 80 with a sharp appreciation after the Non-Farm Employment data announced last Friday, the withdrawals experienced after the gap opening on the first trading day of the new week were replaced by a slightly buying course this day. If recovery movements continue, 81.35 and 82.45 can be followed as resistance levels. If selling pressure continues in UKOIL, 79.80 and 78.70 can be followed as support levels. US CPI data may affect pricing movements on the UKOIL side.

Resistances : 81.35 / 82.45 / 83.05
Supports : 79.80 / 78.70 / 77.40