Nasdaq Retreated Below 20000 After Historic Peak

XAUUSD - Gold Technical Analysis

Ons Gold, which was exposed to selling pressure after the strong PMI data announced in the US on Friday, continues to search for direction in the horizontal band where it has been priced for a while. In macroeconomic terms, the uncertainty created by the possibility of an interest rate cut in the US and the strong dollar are the points to be considered for gold. The PCE data to be announced this week and the speeches of Fed officials may be effective on the pricing of the precious metal. Technically, the course in the horizontal band continues for Ounce Gold, which followed a buying course in the morning hours with support from the 50-day exponential average. In the precious metal, where $ 2350 is followed as a critical threshold, $ 2375 and $ 2390 levels can be followed as resistance points. In possible withdrawals, $ 2300 can be followed as the main support.

Resistances: 2350 / 2375 / 2390
Supports: 2310 / 2300 / 2290
 

XAGUSD Technical Analysis

Similar to Ons Gold, Ons Silver, which experienced a decline on Friday, is showing a buying outlook in the morning hours today. 30.00 dollars can be seen as a critical threshold if the upward movements continue in the precious metal, which has not managed to persist above the $ 30.00 level. In retreats, the $ 29.30 and $ 29.00 level, where the 50-day exponential average is located, can be targeted as short-term support levels.

Resistances: 29.85 / 30.00 / 30.25
Supports: 29.30 / 29.00 / 28.85
 

EUR/USD Technical Analysis

On the first trading day of the week, a positive course is observed in the short term in the morning hours today. If upward movements continue, 1.0700 and 1.0720 can be followed as important resistance levels. If the 1.0720 level is crossed upwards, 1.0740 can be followed as another important resistance level. In downward movements, 1.0670 and 1.0650 can be followed as important support levels in the short term.

Resistances: 1.0700 / 1.0720 / 1.0740
Supports: 1.0670 / 1.0650 / 1.0630
 

NAS100 Technical Analysis

The June 2024 index contract, which reached a new historical peak by reaching 20370 on June 20, closed the last 2 trading days negatively with profit realisations. If downward movements continue in the pair, which follows a negative course in the short term today, 19815 and 19700, where the 10-day exponential moving average is located, can be followed as important support levels. In case of upward movements, 20050 and 20150 can be followed as important resistance levels.

Resistances: 20050 / 20150 / 20300
Supports: 19815 / 19700 / 19600
 

UKOIL Technical Analysis

In UKOIL, which follows a positive course in the morning hours, 85.50 and 86.00 can be followed as important resistance levels if upward movements continue. If the 86.00 level is crossed upwards, 86.50 can be followed as another important resistance level. In downward movements, 84.90 and 84.50 can be monitored as important support levels.

Resistances: 85.50 / 86.00 / 86.50
Supports: 84.90 / 84.50 / 84.10