FED Interest Rate Decision After Trump

XAUUSD - Gold Technical Analysis

Ons Gold continues to retreat. After Trump won the US elections, the eyes will be on today's FED interest rate decision for the precious metals that lost value against the rising dollar index and US bonds. While it is almost certain that the FED will cut interest rates by 25 basis points, it is very important what the interest rate path will be with the arrival of Trump. At this point, Powell's rhetoric is important in the evening. Technically, if the downward movements in Ons Gold, which retreated slightly in the morning hours today after the sharp retreat yesterday, continue, 2645 and 2630 can be followed as support levels. In possible recovery movements, 2670 and 2685 can be followed as resistance levels. 

Resistances : 2670 / 2685 / 2700
Supports : 2645 / 2630 / 2600
 

XAGUSD Technical Analysis

Similar to Ounce of Gold, the precious metal, which retreated against the rise in US bond yields and the dollar index, continues to face selling pressure in the morning hours today. After the downward crossing of the 32.50 level, which is an important threshold, the selling pressure continues in the morning hours today in the precious metal, which retreated to the level of $ 30.80 yesterday. If downward movements in silver continue, 30.85 and 30.70 can be seen as support levels. In the case of recovery movements, 31.25 and 31.45 can be recovered as resistance levels. 

Resistances : 31.25 / 31.45 / 31.65
Supports : 30.85 / 30.70 / 30.50
 

EUR/USD Technical Analysis

With the effect of Trump, the US dollar continues to maintain its strong outlook in general. The main point to look at in the pair is seen as the possibility of the US economy to accelerate again. The inflation path to be carried out after the FED decision to be announced in the evening is very important in this regard. It will be important to read the course in the USA from here. Today in the morning hours, 1.0765 and 1.0790 can be monitored as resistance levels in upward movements in the pair, which shows recovery trends after yesterday's sharp decline. In retreats, 1.0715 and 1.0700 can be followed as support.

Resistances : 1.0765 / 1.0790 / 1.0815
Supports : 1.0715 / 1.0700 / 1.0680
 

NAS100 Technical Analysis

Following the finalisation of the presidential election in the US, Trump and the Republicans became the winners of the election. While sectors such as finance, energy and industry were priced upwards due to the Trump administration's views of an economic expansion with tax cuts, Chinese companies did not move upwards as much as others. Although we closely follow the interest rate decision to be announced by the Fed today, if the upward outlook of the index continues on the technical side, 21150 / 21350 and 21500 levels can be followed as resistance. In possible selling trends, 20707.66 / 20513.08 and 20340 can be targeted as support levels.

Resistances : 21150 / 21350 / 21500
Supports : 20707,66 / 20513,08 / 20340
  

UKOIL Technical Analysis

In the oil futures contract, commodities were suppressed as the dollar index rose after the elections. We will follow the 20-day and 50-day exponential averages in Brent oil, which gave signs of recovery after yesterday's suppression. The FED interest rate decision during the day will be closely monitored. In the contract, where the upward outlook continues, 76.25 / 77.52 and 79.01 levels can be followed as resistance. In possible selling trends, 74.05 / 72.94 and 72.16 can be targeted as support levels.

Resistances : 76,25/ 77,52 / 79,01
Supports : 74.05/ 72,94 / 72,16