US Inflation Data Announced Within Expectations

XAUUSD - Gold Technical Analysis

The decline in Ons Gold continues. The precious metal, which started to depreciate against the increasing dollar index and bonds after Trump won the elections in the USA last week, tried to hold at 2600 levels after the inflation decision announced within expectations in the USA yesterday, but the selling pressure continued. Today, downward movements continue in the precious metal, which finds support from the 100-day exponential average in the morning hours. If the pressure continues in gold, 2535 and 2515 can be monitored as support levels. In possible recovery trends, $ 2580 and $ 2600 can be followed as resistance levels.

Resistances : 2580 / 2600 / 2625
Supports : 2535 / 2515 / 2500
 

XAGUSD Technical Analysis

Similar to Ons Gold, pricing movements in Ons Silver, which experienced retreats after Trump declared his presidency, are downward. If the pressures continue for the precious metal, which tested $ 30.00 in the morning hours today after the downward crossing of the $ 32.50 level, which is an important threshold of the upward breakout and which we frequently emphasise, 29.85 and 29.60 can be targeted as support levels. In possible recovery trends, 30.35 and 30.60 can be followed as resistance levels. 

Resistances : 30.35 / 30.60 / 30.75 
Supports : 29.85 / 29.60 / 29.40
 

EUR/USD Technical Analysis

With Trump's coming to the presidency, the retreat in the pair showed its counterpart in the dollar index. The selling pressure continues in the pair, which broke the downward trend it has been in for a long time upwards and lost value against the index that tested above 106.6 levels and retreated to 1.0533. If the downward movements in the pair continue, 1.0515 and 1.0490 can be monitored as support levels. In possible upward movements, 1.0560 and 1.0575 can be targeted as resistance levels. 

Resistances : 1.0560 / 1.0575 / 1.0590
Supports : 1.0515 / 1.0490 / 1.0475
 

UKOIL Technical Analysis

Technically, 72.65 and 73.15 can be followed as resistance levels in the oil contract, which follows a slightly sellers' course towards the horizontal in the morning hours today, in case of upward movements. In retreats, 71.00 and 70.60 can be followed as support levels.
 
Resistances: 72,65 / 73,15 / 73,85
Supports 71,00 / 70,60 / 69.70