ALB Limited 18.02.2025

Eurozone Posts €15.5 Billion Trade Surplus

XAUUSD – Gold Technical Analysis

Factors such as geopolitical risks, investors seeking safe-haven assets, and increasing gold demand from central banks continue to support the gold market. Yellow metal is showing a positive trend in the morning session. If the upward movement continues today, the 2930 level and above the all-time high at 2950 are key resistance levels to watch. In case of a pullback, the 10-day exponential moving average at 2886 and the 20-day exponential moving average at 2850 can be considered important support levels.

Resistances: 2930 / 2950 / 2980
Supports: 2886 / 2850 / 2830
 

XAGUSD – Silver Technical Analysis


Silver prices are showing a negative trend this morning. If the downward movement continues, the 10-day exponential moving average at 32.10 and the 31.90 level will be key support levels. On the upside, 32.60 and 32.85 levels are important resistance points to watch.

Resistances: 32.60 / 32.85 / 33.00
Supports: 32.10 / 31.90 / 31.60
 

EUR/USD – Technical Analysis


A short-term decline is observed in the EUR/USD pair today. If the pair moves upward, 1.0480 and 1.0500 levels stand out as important resistance points. If the downward movement continues, 1.0430 and 1.0400 levels will be critical support levels to monitor.

Resistances: 1.0480 / 1.0500 / 1.0530
Supports: 1.0430 / 1.0400 / 1.0358
 

NAS100 – Technical Analysis


After optimistic statements from Fed President Patrick Harker and Federal Reserve Board member Bowman on Monday, a rise is observed in the futures index contract today. If the positive trend in NAS100 continues, 22315 and 22380 will be important resistance levels. In case of downward movements, 22157 and 22045 will serve as key support levels.

Resistances: 22315 / 22380 / 22420
Supports: 22157 / 22045 / 22000
 

UKOIL – Brent Crude Oil Technical Analysis


This morning, Brent crude is trading at $75.40 per barrel. Technically, the short-term outlook is positive. If the recovery continues, 76.00 and 76.30 levels can be considered resistance points. In the event of a pullback, 74.90 and 74.35 levels are key support levels to watch.

Resistances: 76.00 / 76.30 / 77.20
Supports: 74.90 / 74.35 / 74.00

Tags: Technical Analysis, Analysis, Forex

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