ALB Limited 27.01.2025

Dollar Index Signals Recovery in Interest Rate Decisions Week

XAUUSD - Gold Technical Analysis

Ons Gold, priced at levels close to its historical peak, was exposed to selling pressure on the first trading day of the new week. While there is no intense data flow on the precious metal side this week, FED and ECB interest rate decisions stand out as the data to be followed. Technically, if the retreat experienced in the morning hours continues, 2740 and 2715 can be monitored as support levels for Ons Gold. In upward movements, 2770 and 2785 can be followed as resistance levels.

Resistances : 2770 / 2785 / 2800
Supports : 2740 / 2715 / 2700

 

XAGUSD Technical Analysis


Similar to ounce gold, pricing movements are seen below the 50 and 100-day exponential averages in silver, which retreated in the morning hours. If the retracements continue on the precious metal side, 30.00 and 29.85 can be monitored as support levels. In possible recovery movements, 30.60 and 30.95 can be followed as resistance levels.

Resistances: 30.60 / 30.95 / 31.15
Supports: 30.00 / 29.85 / 29.60
 

EUR/USD Technical Analysis


PMI data released on Friday showed some recovery in Europe. This week, in the expected interest rate decisions, the FED is expected to pass and the ECB is expected to cut by 25 basis points. Despite the moderate Trump and the retreat in the dollar index, the pair completed last week with a value gain. On the first trading day of the new week, retreats are observed. Trump's attitude towards Colombia may have signaled, even if it is not decisive for the markets. While 1.0450 can be seen as the support level for the pair, 1.0495 can be followed as the resistance level.

Resistances : 1.0495 / 1.0515 / 1.0540
Supports : 1.0450 / 1.0370 / 1.0335

 

NAS100 Technical Analysis


The index contract for March 2025 showed a sharp retreat with the effect of the Chinese artificial intelligence named Deep Seek. In the index contract, which retreated to its 50-day exponential moving average, 21265 and 20995 can be followed as support levels, while 21775 and 21910 can be followed as resistance levels in possible recovery movements.

Resistances : 21775 / 21910 / 22095
Supports : 21265 / 20995 / 20770
 

Technical Analysis of UKOIL


UKOIL, which was able to carry the recovery movement it showed on Friday to the first trading day of the new week after consecutive retreats, continues to remain positive despite Trump's sanctions against Colombia, which includes economic and trade risks. If the recovery movements in oil continue, 78.40 and 78.85 can be monitored as resistance levels. In possible pullbacks

Resistances : 78.40 / 78.85 / 79.60
Supports : 77.25 / 76.50 / 75.90

Tags: Technical Analysis, Analysis, Forex

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