Eyes on PMI Data in the Markets

XAUUSD - Gold Technical Analysis

On the first trading day of the new year, there is a buying trend in Ons Gold with the effect of geopolitical developments. In the precious metal, which is trying to make an upward break between the 100-day and 50-day exponential averages, 2645 and 2660 can be followed as resistance levels in upward movements. In possible retracements, 2620 and 2600 can be targeted as support levels.

Resistances : 2645 / 2660 / 2685
Supports : 2620 / 2600 / 2585
 

XAGUSD Technical Analysis

Although ounce silver continues to be priced in dangerous areas, it offers signs of recovery. If the positive trend continues for the precious metal, which is approaching its 200-day exponential average with the rise it experienced this morning, 29.45 and 29.60 can be followed as resistance levels. In retreats, 29.25 and 29.00 can be followed as support levels.

Resistances:  29.45 / 29.60 / 29.90
Supports:  29.25 / 29.00 / 28.75
 

EUR/USD Technical Analysis

Following the potential news that Europe will experience difficulties in the supply of natural gas, a favourable course is observed in the pair on the first trading day of the new year. 1.0385 and 1.0400 can be followed as resistance levels in the continuation of upward movements in the pair, which is looking for support at 1.0335 levels. In retreats, 1.0345 and 1.0330 can be targeted as support levels. PMI data to be announced in the USA and the Eurozone may cause fluctuations in the pair.

Resistances: 1.0385 / 1.0400 / 1.0425
Supports: 1.0345 / 1.0330 / 1.0300
 

NAS100 Technical Analysis

On the Nas100 side, the decline from the peak seems to continue. After the peak level seen on 17 December, the contract, which retreated a little and fell below the 50-day exponential average on Tuesday, has a buying trend on the first trading day of the new year. In the continuation of upward movements in the index contract, 21510 and 21700 can be followed as resistance levels, while 21250 and 21000 can be followed as support levels in possible withdrawals.

Resistors : 21510 / 21700 / 21900
Supports : 21250 / 21000 / 20895
 

UKOIL Technical Analysis

General recovery continues in UKOIL. Technically speaking, 75.20 and 76.05 can be followed as resistance levels if downward movements continue in UKOIL, which started the morning hours of today with sellers after the positive course on Tuesday. In possible retreats, 74.10 and 73.50 can be followed as support levels.

Resistances : 75.20 / 76.05 / 76. 70
Supports : 74.10 / 73.50 / 72.90