ALB Limited 20.02.2025

Eyes on the Fed’s Meeting Minutes

XAUUSD – Gold Technical Analysis

Due to economic and political uncertainty, the yellow metal is following an upward trend today as a safe-haven asset. If gold continues its upward movement, the 2950 and 2960 levels can be seen as significant resistance points. In case of downward movements, the 2935 and 2920 levels are considered important support levels.

Resistances: 2950 / 2960 / 2970
Supports: 2935 / 2920 / 2907
 

XAGUSD Technical Analysis


Silver prices are showing a positive trend this morning from a technical perspective. If the upward trend continues, 33.10 and 33.40 are important resistance levels to watch. In case of downward movements, the 32.60 and 32.40 levels can be monitored as key support levels.

Resistances: 33.10 / 33.40 / 33.75
Supports: 32.60 / 32.40 / 32.10
 

EUR/USD Technical Analysis


This morning, the EUR/USD pair is observed at 1.0430 with a limited upward movement. If the upward trend continues, the 1.0460 and 1.0480 levels stand out as significant resistance points. In the case of a downward movement, the 1.0410 and 1.0390 levels are critical support points.

Resistances: 1.0460 / 1.0480 / 1.0500
Supports: 1.0410 / 1.0390 / 1.0370
 

NAS100 Technical Analysis


Due to Trump’s new tariff policies and economic uncertainties, a downward trend is observed in the futures index contract this morning. The March 2025 futures index contract is showing a negative trend, and if the downward movement continues, the 10-day exponential moving average at 22080 and the 22000 level are seen as important support levels. In case of a recovery, the 22250 and 22315 levels are key resistance points.

Resistances: 22250 / 22315 / 22420
Supports: 22080 / 22000 / 21930
 

UKOIL Technical Analysis


Crude oil inventory data exceeding expectations in the US is supporting the downward trend in UKOIL this morning. Technically, if the pullback continues, the 75.20 and 74.80 levels can be watched as support levels. In case of a recovery, the 76.50 and 76.90 levels serve as resistance points.

Resistances: 76.50 / 76.90 / 77.30
Supports: 75.20 / 74.80 / 74.40

 

Tags: Technical Analysis, Analysis, Forex

RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.95% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.