EUR/USD is at the Lowest in the Last 6 Months!

XAUUSD - Gold Technical Analysis

The precious metal, which lost value against the increasing dollar index and bonds with Trump winning the elections in the USA last week, showed some recovery with the effect of the FED interest rate hike, but there was a weekly depreciation in the precious metal. On the first trading day of the new week, $ 2600 seems to be the main short-term support for Ons Gold, which broke the channel support of its upward trend and the 50-day exponential average support downwards. If this level is crossed downwards, 2585 and 2560, where the 100-day exponential average is also located, can be monitored as support levels. In recovery slopes, 2625 and 2650 can be monitored as resistance levels.

Resistances : 2625 / 2650 / 2675
Supports : 2600 / 2585 / 2560
 

XAGUSD Technical Analysis

Similar to Ons Gold, pricing movements are trying to reach consolidation in Ons Silver, which experienced retractions after Trump declared his presidency. While the downward break of the $ 32.50 level, which is an important threshold of the upward breakout and which we often emphasise, creates pressure on the precious metal, the continuation of pricing movements below the 50-day exponential average emerges as the reasons for the precious metal. Silver, which spent the first trading day of the new week with sellers, is also exposed to selling pressure in the morning hours today. Priced below the 100-day and 50-day exponential moving averages, silver can be monitored as the $ 30.00 threshold and 29.85 support levels. In recovery movements, 30.65 and 30.85 can be monitored as resistance levels.

Resistances : 30.65 / 30.85 / 31.20
Supports : 30.00 / 29.85 / 29.65
 

EUR/USD Technical Analysis

Last week, the retreat in the pair with Trump's coming to the presidency showed its counterpart in the dollar index. The selling pressure continues in the new week in the pair, which lost value last week against the index, which broke the downward trend it has been in for a long time and tested 105.5 levels, and retreated to 1.06536, the lowest level of the last 6.5 months. If the downward movements in the pair continue, 1.06100 and 1.0600 can be monitored as support levels. In possible upward movements, 1.0655 and 1.0665 can be targeted as resistance levels. US inflation data to be announced this week can be followed in terms of pricing movements in the pair.

Resistances : 1.0655 / 1.0665 / 1.0685
Supports : 1.0610 / 1.0600 /1.0570
 

NAS100 Technical Analysis

The upward trend in the Nas100 futures index contract continues after both Trump's victory and the Fed interest rate decision. After yesterday's slight retreat in the index, which experienced a rise by renewing its historical peaks, a slightly sellers course is observed in the morning hours today. In case the upward trend continues in the contract, 21400 / 21600 and 21750 levels can be followed as resistance. In possible selling trends, 21126 / 20915 and 20715 can be targeted as support levels.

Resistances : 21400 / 21600 / 21750
Supports : 21126 / 20915 / 20715
 
UKOIL Technical Analysis

Technically, if the selling pressure continues in UKOIL, which follows a selling trend in the morning hours today, 71.10 and 70.70 can be monitored as support levels. In possible recovery movements, 72.30 and 72.70 can be monitored as resistance levels.

Resistances : 72.30 / 72.70 / 72.90
Supports : 71.10 / 70.70 / 70.25