Intense Data Flow in Global Markets

XAUUSD - Gold Technical Analysis

Before the intense data agenda, a horizontal course is observed in Ons Gold in the morning hours. In the precious metal, which has been moving between the 50 and 21-day exponential moving averages for a while, the ADP Non-Farm Employment data and PMI data to be announced in the USA today may cause a move away from the moving averages on the gold side. Technically, if the upward movements continue for Ons Gold, which started the morning hours with a slightly buying course, can be followed as 2675 and 2700 resistance levels. In possible retracements, 2640 and 2625 can be followed as support levels.

Resistances : 2675 / 2700 / 2715
Supports : 2640 / 2625 / 2600
 

XAGUSD Technical Analysis

Ons Silver, which followed a horizontal course in the morning hours today after yesterday's appreciation, will be watching the ADP Non-Farm Employment and PMI data to be announced in the USA today. Technically, if this level is crossed upwards in the precious metal, which is priced below the 50-day exponential average and can be seen as a resistance point, 31.25 and 31.45 can be followed as resistance levels. In case of retracements, 30.90 and 30.75 can be targeted as support levels.

Resistances : 31.25 / 31.45 / 31.60
Supports : 30.90 / 30.75 / 30.60
 

EUR/USD Technical Analysis

Increasing uncertainties in the European region and the continued contraction in macroeconomic data strengthen the expectations for a 50 basis points rate cut in December. Today, service PMIs will be announced in the Eurozone and the US. Volatility in the pair may increase after the release of the data. The dollar index is also in a horizontal course in the morning hours, and the employment data to be announced in the US on Friday is important for the future of the pair. On the technical side, a slightly buying horizontal course is observed in the pair trying to recover at 1.05 levels. In upward movements, 1.0535 and 1.0565 can be monitored as resistance levels. In downward movements, 1.0485 and 1.0460 can be followed as support levels.

Resistances : 1.0535 / 1.0565 / 1.0595
Supports : 1.0485 / 1.0460 / 1.0425
  

NAS100 Technical Analysis

The upward trend continues in the Nas100 futures index contract, which continues to maintain its gains in the middle of the week. In the contract priced at its historical peak, 21500 and 21600 can be followed as resistance levels, while 21275 and 21160 can be followed as support levels in possible retracements. Today, PMI data and ADP non-farm employment data to be announced in the USA can be followed in the index contract.

Resistances :  21500 / 21600 / 21750
Supports : 21275 / 21160 / 21065
 

UKOIL Technical Analysis

The buying trend continues in oil. If the upward movements in oil, which continues to rise in the morning hours today after yesterday's sharp rise, continue, 74.15 and 74.70 can be followed as resistance levels. In possible retreats, 73.45 and 73.20 can be followed as support levels. 

Resistances : 74.15 / 74.70 / 75.15
Supports : 73.45 / 73.20 / 72.85