UKOIL Retracements Continue

XAUUSD - Gold Technical Analysis

Gold continues to rise. Macro data released in the US last week and the Trump effect created a catalyst for gold. The precious metal saw $ 2763 yesterday and continued its weekly appreciation. For gold, which was subjected to some selling pressure in the morning hours today, $ 2740 can be seen as a short-term retracement level. In upward movements, $ 2775 and $ 2785 can be followed as resistance levels.

Resistances : 2775 / 2785 / 2800
Supports : 2740 / 2715 / 2700
 

XAGUSD Technical Analysis

Ons Silver, which followed a mixed course last week and closed Friday with a sharp retreat, offers a positive outlook in the new week. Priced at the 50 and 100-day major averages in the first two trading days of the week and finding support from these levels, the precious metal followed a horizontal course yesterday. Today, 30.35 and 30.15 can be followed as support levels for silver, which retreated similar to ounce gold in the morning hours. In upward movements, 30.95 and 31.15 can be followed as resistance levels.

Resistances 30.95 / 31.15 / 31.35
Supports: 30.35 / 30.15 / 29.95
 

EUR/USD Technical Analysis

Important days continue for the pair. Trump took over the presidency. The CPI data released in the US last week had a small recovery effect. On the US side, some retreat in the dollar index and softening in bond yields reveal Trump's attitude.  The next process may depend on the course of Trump's policies. As a matter of fact, the effect of tariffs or taxation on Europe in the first place may be a soft transition. If the retracements continue in the pair, which followed a horizontal course in the morning hours today, 1.0365 and 1.0335 can be monitored as support levels. In possible recovery movements, 1.0425 and 1.0460 can be followed as resistance levels.

Resistances : 1.0425 / 1.0460 / 1.0500
Supports : 1.0365 / 1.0335 / 1.0300
 

NAS100 Technical Analysis

On the Nas100 side, signs of a slight retracement are seen in the morning hours. The contract, which retreated after the peak level it saw on December 17 and retreated to its 100-day average, showed a recovery trend last week with macroeconomic data from the US. The contract, which experienced a buying trend with Trump's re-election to the presidency throughout the week, is following a similar movement to precious metals in the morning hours today. If the pullbacks continue, 21760 and 21520 can be monitored as support levels. In the event of signs of recovery, 22115 and 22315 can be followed as resistance levels.

Resistors : 22115 / 22315 / 22420
Supports : 21760 / 21520 / 21370
 

Technical Analysis of UKOIL

Oil prices continue to decline on trade war concerns due to President Trump's new tariff threats against China and heavy tariffs that could be imposed on Canada and Mexico. Technically, 78.40 and 78.10 can be monitored as important support levels in the UKOIL contract, which has followed a negative course for the last 6 days and approached its 21-day exponential average, if downward movements continue today. In upward movements, 79.25 and 79.50 can be followed as important resistance levels.

Resistances : 79.25 / 79.50 / 80.10
Supports : 78.40 / 78.10 / 77.60