UKOIL Recovery Continues

XAUUSD – Gold Technical Analysis

Spot gold, which renewed its all-time highs last week, continues its upward movements in the new week. Beyond macroeconomic developments, geopolitical events and uncertainty processes are playing a significant role in gold pricing. After Trump introduced additional tariffs, gold reached a new all-time high of $2,942 in the morning hours before experiencing profit-taking.
From a technical perspective, the $2,925 and $2,940 levels can be monitored as resistance levels. In the event of a pullback, support levels at $2,900 and $2,885 can be watched.

Resistance Levels: 2,925 / 2,940 / 2,950
Support Levels: 2,900 / 2,885 / 2,860
 

XAGUSD – Silver Technical Analysis

Spot silver continues its recovery trend. If the pullback observed in the morning hours extends, the Fibonacci 38.2 level at $31.60 will serve as a critical support level. If this level is breached to the downside, $31.35 and $31.10 can be considered as additional support levels. If recovery movements resume, $32.25 and $32.50 will act as resistance levels.

Resistance Levels: 32.25 / 32.50 / 32.85
Support Levels: 31.60 / 31.35 / 31.10
 

EUR/USD Technical Analysis

Following Trump’s tariff announcements last week, the pair experienced downward movements but later saw some recovery. However, after Friday’s Non-Farm Payroll (NFP) data release, a sharp pullback occurred. This morning, the pair is trading in a sideways range. The U.S. Consumer Price Index (CPI) data set to be released on Wednesday could act as a key catalyst for further price action.
From a technical standpoint, if the pair moves upward, resistance levels at 1.0330 and 1.0355 should be monitored. In case of a pullback, support levels at 1.0260 and 1.0235 can be followed.

Resistance Levels: 1.0330 / 1.0355 / 1.0375
Support Levels: 1.0260 / 1.0235 / 1.0210
 

NAS100 Technical Analysis

After a strong rise yesterday, the Nasdaq 100 futures contract experienced a pullback in the morning hours. Key support levels to watch are 21,645 and 21,490. If a recovery takes place throughout the day, resistance levels at 21,975 and 22,115 will be important.

Resistance Levels: 21,975 / 22,115 / 22,310
Support Levels: 21,645 / 21,490 / 21,240
 

UKOIL Technical Analysis

Recovery movements in UKOIL continue. From a technical perspective, crude oil pulled back to trend support on Friday but rebounded from this level, maintaining its upward trend. This morning, oil continues to trade near its 21-day exponential moving average. If the recovery continues, resistance levels at 76.60 and 77.25 can be monitored. In the case of a pullback, support levels at 75.70 and 75.00 should be followed.

Resistance Levels: 76.60 / 77.25 / 77.90
Support Levels: 75.70 / 75.00 / 74.20