ALB Limited 30.10.2024

Global Markets Eyes on ADP Non-Farm Payrolls Data

XAUUSD - Gold Technical Analysis


Ons Gold continues to renew its record. In the precious metal, which started the week with a slight retreat with the effect of geopolitical developments, the fact that the attack between Iran and Israel was limited to military areas and there was no action against civilians had a tension-reducing effect in the region. After the US open labour force data announced yesterday, employment data from the USA may be effective in pricing movements in the precious metal, which regained a record this week. For this reason, the ADP private sector employment data to be announced today is important for the precious metal. If the upward movements in precious metal continue, 2800 and 2825 can be monitored as resistance levels. In possible withdrawals, 2750 and 2735 can be monitored as support levels. 

Resistances : 2800 / 2825 / 2850
Supports : 2750 / 2735 / 2715
 

XAGUSD Technical Analysis

Similar to Ons Gold, the precious metal, which accelerated upwards after the open labour data announced in the USA yesterday, shows retreats in the morning hours today. While the ADP private sector employment data to be announced today is important for the precious metal, 34.00 and 33.65 can be monitored as support levels if the withdrawals continue. In possible recovery trends, 34.50 and 34.80 can be targeted as resistance levels.

Resistances : 34.50 / 34.80 / 35.00
Supports : 34.00 / 33.65 / 33.20
 

EUR/USD Technical Analysis


The US dollar continues to maintain its strong outlook in general. The strength of the macroeconomic data from the US and the fate of the employment data to be announced this week may increase the strength of the dollar index. In addition, the escalation of the US elections and Trump's coming to the fore also increases the demand for the dollar. In addition, there is no changing situation on the ECB and Europe. In the pair, which followed a slightly sellers course in the morning hours today, if downward movements continue, 1.0790 and 1.0775 can be monitored as support levels. In possible recovery trends, 1.0830 and 1.0850 can be followed as resistance levels.

Resistances : 1.0830 / 1.0850 / 1.0860
Supports : 1.0790 / 1.0775 / 1.0760
  

NAS100 Technical Analysis


The 2024 December futures index contract continues its buying trend in the new week. After yesterday's sharp rise, 20680 and 20610 can be followed as support levels in the index contract, which experienced a slight retreat in the morning hours today. In upward movements, 20800 and 20890 can be followed as resistance levels.

Resistors : 20800 / 20890 / 20980
Supports : 20680 / 20610 / 20525
 

UKOIL Technical Analysis


The geopolitical developments between Israel and Iran, which included a more limited process than expected, caused a crash in oil prices on Monday. Although it has not yet fully recovered from the pressure of its 2-day sellers, UKOIL has a buying trend in the morning hours today. If prices continue upwards, 71.90 and 72.05 can be monitored as resistance levels. In possible selling trends, 71.15 and 70.65 can be targeted as resistance levels.

Resistances : 71.90 / 72.05 / 72.55
Supports : 71.15 / 70.65 / 70.15

Tags: Technical Analysis, Analysis, Forex

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