Surprise Industrial Production Increase in Germany
XAUUSD - Gold Technical Analysis
Selling pressure is accelerating in Ons Gold. Ons Gold, which renewed its historical peak with $ 2685 on 26 September, continues to be suppressed after this level. The precious metal, which was subject to sales with the Non-Farm Employment data announced above expectations last week, is negative on a weekly basis in the current week. If the selling pressure continues in Ons Gold, which tested below the 21-day exponential moving average with a sharp retreat yesterday, the $ 2600 and $ 2585 levels can be targeted as support zones. In possible recovery movements, $ 2650 and $ 2672 can be monitored as resistance levels. Looking at the data calendar, the FOMC minutes to be announced today and the US CPI data to be announced on Thursday may be effective in pricing movements in precious metal.
Resistances : 2650 / 2672 / 2685
Supports : 2600 / 2585 / 2550
XAGUSD Technical Analysis
The precious metal, which saw the highest level of $ 32.69 in the last 12 years in the past weeks, had renewed its record by rising to $ 32.95 on Friday. Unlike Ons Gold, the precious metal, which continues its positive course following the Non-Farm Employment data, is experiencing sharp retreats on a weekly basis in the new week. Today, 31.00 and 31.20 can be followed as resistance levels for Ons Silver, which followed a buying course in the morning hours. In retreats, 30.35 and 30.15 can be monitored as support levels. Looking at the data calendar, the FOMC minutes to be announced on Wednesday and the US CPI data to be announced on Thursday may be effective in pricing movements in the precious metal.
Resistances : 31.00 / 31.20 / 31.50
Supports : 30.35 / 30.15 / 30.00
EUR/USD Technical Analysis
Technically, a negative course is observed in the EUR / USD parity in the short term. If the pair, which broke the 100-day exponential moving average downwards in the morning hours, remains below 1.0970 at the end of the day, selling pressure may increase and 1.0950 - 1.0940 can be monitored as important support levels, respectively. In case of recovery trends, 1.0970 and 1.0985, where the 100-day exponential moving average is located, can be followed as important resistance levels.
Resistances : 1.0970 / 1.0985 / 1.1000
Supports : 1.0950 / 1.0940 / 1.0920
NAS100 Technical Analysis
Today, a negative course is observed in the morning hours in the 2024 December futures index contract. Technically, 20100 and 20000 can be followed as important support levels if downward movements continue. In upward movements, 20300 and 20400 can be followed as important resistance levels.
Resistances : 20300 / 20400 / 20540
Supports : 20100 / 20000 / 19900
UKOIL Technical Analysis
Oil prices, which retreated yesterday as China's statements on incentives did not meet expectations, recovered in the morning hours today with the effect of geopolitical tensions and followed a positive course. Technically, 78.00 and 78.40 can be followed as important resistance levels if upward movements continue. In downward movements, 77.20 and 76.70 can be followed as important support levels.
Resistances : 78.00 / 78.40 / 79.00
Supports : 77.20 / 76.70 / 76.30
Tags: Technical Analysis, Analysis, Forex