PPI Data to be Announced in the US Today

XAUUSD - Gold Technical Analysis

Last week, the US side was quite active. Fed minutes, JOLTS data, PMIs, ADP... but the last word was Non-Farm Payrolls data on Friday. It showed an increase of 256k above the expected level of 153k. The market started to revise interest rate cuts. The dollar index is priced below 110 levels. On the other hand, geopolitical developments continue with Trump. Panama and Greenland are on the agenda. Central Banks' demand for gold is known On the technical side, the $ 2685 level can be defined as a resistance point, while $ 2650 can be monitored as a support level.

Resistances 2685 / 2700 / 2715
Supports: 2650 / 2635 / 2612
 

XAGUSD Technical Analysis

Sharp retreat on the ounce silver side. In the precious metal, which tested its 200-day average yesterday, a sellers' course is observed on the new trading day. With the retreat on the first trading day of the new week, the 30.30 level, where the 50 and 100-day averages converge, is seen as an important threshold for the precious metal, while the downward crossing of this level made the 29.45 level, where the 200-day exponential average is located, an important threshold. In possible recovery movements, 30.00 and 30.30 can be monitored as resistance levels.

Resistances: 30.00 / 30.30 / 30.60
Supports:  29.45 / 29.10 / 28.90
 

EUR/USD Technical Analysis

An important week was left behind for the pair. In addition to the increase in inflation in the Euro Area in December, strong macroeconomic data on the US side shapes the pair. The sharp retreat in the pair after the Non-Farm Employment data announced on Friday continues on the first trading day of the new week. The dollar index is priced just below the 110 level. Technically, a buying course is observed in the morning hours. In upward movements, 1.0260 and 1.0300 can be monitored as resistance levels. In possible withdrawals, 1.0215 and 1.0175 can be targeted as support levels.

Resistances: 1.0260 / 1.0300 / 1.0345
Supports: 1.0215 / 1.0175 / 1.0150
 

NAS100 Technical Analysis

Signs of recovery are seen on the Nas100 side in the morning hours. The futures index contract, which retreated after the peak level it saw on 17 December and showed pricing movement at levels close to its 100-day exponential average, is following a buyer course in the morning hours today after a sharp retreat yesterday. If the recovery movements in the contract continue, 21220 and 21345 can be monitored as resistance levels. 20980 and 20825 can be targeted as support levels.

Resistances :  21220 / 21345 / 21525
Supports : 20980 / 20825 / 20680 
 

UKOIL Technical Analysis

UKOIL, which closed the week below $ 80 with a sharp appreciation after the Non-Farm Employment data announced last Friday, continues its retreat after the gap opening on the first trading day of the new week. If the selling pressure continues on the UKOIL side, 79.80 and 78.70 can be monitored as support levels. In case of recovery movements, 81.35 and 82.45 can be followed as resistance levels.

Resistances : 81.35 / 82.45 / 83.05
Supports : 79.80 / 78.70 / 77.40