Non-Farm Employment Data in the US Announced Below Expectations

XAUUSD - Gold Technical Analysis

The risk of recession is back on the agenda in Ons Gold, which showed a negative pricing movement on a weekly basis with the intense data flow last week. After the Non-Farm Payrolls data announced below expectations on Friday, pricing in the precious metal, which followed a sellers course, is based on soft landing scenarios. The CPI data to be announced in the USA this week can be followed as a prominent development for precious metal. Technically speaking, $ 2500 continues to be an important threshold for Ounce Gold. Although the new error showed signs of slight recovery on the first trading day, 2485 and 2470 can be targeted as support levels for precious metal. In upward movements, 2510 and 2525 can be followed as resistance levels.
 
Resistances: 2510 / 2525 / 2550
Supports: 2485 / 2470 / 2450
 

XAGUSD Technical Analysis

Similar to Ons Gold, Ons Silver, which lost value last week, started the first trading day of the new week with a buying course. The CPI data to be announced on Wednesday can be followed as a prominent development in interest rate cuts. If the upward movements in the precious metal continue, 28.15 and 28.35 can be followed as resistance levels. In possible withdrawals, 27.90 and 27.60 can be followed as support levels.
 
Resistances: 28.15 / 28.35 / 28.50
Supports: 27.90 / 27.60 / 27.40
 

EUR/USD Technical Analysis

Retreating from the 1.1200 level, the asset is pricing on the negative side as of today. Currently, if the negative momentum continues, it may retreat to 1.1045, 1.1010 and 1.0980 levels. Otherwise, if positive accelerations are seen, it may move towards 1.1085, 1.1122 and 1.1140 levels.
 
Resistances: 1.1085 / 1.1122 / 1.1140
Supports: 1.1045 / 1.1010 / 1.0980
 

NAS100 Technical Analysis

Short-term recovery trends are observed in the morning hours today in the 2024 September futures index contract, which closed negatively on Friday after the non-farm employment data was announced below expectations. Technically, 18650 and 18770 can be followed as important resistance levels if upward movements continue. In downward movements, 18500 and 18410 can be monitored as important support levels.
 
Resistances: 18650 / 18770 / 18860
Supports: 18500 / 18410 / 18360
  

UKOIL Technical Analysis

Signs of economic slowdown in the US and China and weak US employment data released on Friday led UKOIL to retreat until March 2023 pricing. In addition, recent increases in oil supply have also put prices under pressure. In technical terms, a horizontal course is observed in the morning hours after the negative closing on Friday. If downward movements continue, 71.30 and 71.00 can be monitored as support levels. In upward movements, 72.20 and 72.70 can be followed as important resistance levels.

Resistances: 72.20 / 72.70 / 73.00
Supports: 71.30 / 71.00 / 70.60