US ISM PMI Data to be Announced
XAUUSD - Gold Technical Analysis
Ons Gold, which followed a buying course with the effect of geopolitical developments on the first trading day of the new year, is following a horizontal course in the morning hours today. . In the precious metal, which is trying to make an upward break between the 100-day and 50-day exponential averages, 2685 and 27000 can be followed as resistance levels in upward movements. In possible retracements, 2450 and 2630 can be targeted as support levels.
Resistances : 2685 / 2700 / 2710
Supports : 2645 / 2630 / 2600
XAGUSD Technical Analysis
Although ounce silver continues to be priced in dangerous areas, it offers signs of recovery. If the positive trend continues in the precious metal, which managed to jump above its 200-day exponential average with yesterday's closing candle, 29.85 and 30.10 can be followed as resistance levels. In retreats, 29.10 and 28.90 can be followed as support levels.
Resistances: 29.85 / 30.10 / 30.35
Supports: 29.10 / 28.90 / 28.70
EUR/USD Technical Analysis
The pair, which followed a favourable course in the morning hours yesterday, was subjected to selling pressure with the PMI data from Europe. The dollar index closed the day above 109 level. Today, ISM manufacturing index will be announced on the US side. On the last trading day of the week, 1.3000 and 1.0330 can be followed as resistance levels for the pair, which follows horizontal movements at 1.0270 levels. In possible withdrawals, 1.0250 and 1.0220 can be targeted as support levels.
Resistances: 1.0300 / 1.0330 / 1.0345
Supports: 1.0250 / 1.0220 / 1.0200
NAS100 Technical Analysis
On the Nas100 side, the decline from the peak seems to continue. The contract, which retreated slightly after the peak level seen on 17 December and fell below the 50-day exponential average on Tuesday, followed a volatile course on the first trading day of the New Year. In the morning hours of today, 21335 and 21500 can be followed as resistance levels in the continuation of upward movements in the index contract, which has a slightly buying course, while 21140 and 21000 can be followed as support levels in possible withdrawals.
Resistances : 21335 / 21500 / 21700
Supports : 21140 / 21000 / 20895
UKOIL Technical Analysis
General recovery continues in UKOIL. Technically speaking, 76.55 and 77.40 can be followed as resistance levels if upward movements continue in UKOIL, which started the morning hours today after the positive course on Tuesday. In possible withdrawals, 75.50 and 74.95 can be followed as support levels.
Resistances : 76.55 / 77.40 / 78.30
Tags: Technical Analysis, Analysis, Forex