ALB Limited 20.11.2023

Complex Course in Global Markets Ahead of FED Minutes

NAS100 Technical Analysis

 
The Nasdaq100 index continues to move horizontally after the positive acceleration with the US inflation data released on Tuesday. In case of possible downward movements, the 15820 level can be followed as a support point. In case of upward movement, the 15940 level can be followed as a resistance point.
 
Resistances: 15940 / 16030 / 16060
Supports: 15820 / 15730 / 15700
 

APPLE Technical Analysis

 
Attention should be paid to 191.00 resistance today in the stock, which continues its strong upward trend. If the 191 level cannot be broken in pricing in the overbought zone, reaction sales may come. In this case, 186.90-185.00 supports will be followed. If the 191 level is exceeded, 194.40-197.80 resistances may be new targets respectively.
 
Resistances: 191.00 / 194.40 / 197.80
Supports: 186.90 / 185.00 / 182.20


ENTERPRISE Technical Analysis

 
Technically, the $ 26.31 level corresponding to the 200-day exponential moving average can be followed as a critical threshold. In transitions above this level, $ 26.37 and $ 26.44 can be monitored as resistance levels in the short term. In case of a possible stay below this level, $ 26.19 and $ 26.08 can be followed as support levels in the short term.
 
Resistances: 26,37 / 26,44 / 26,50
Supports: 26,19 / 26,08 / 25,99
 

WHEAT Technical Analysis

 
Wheat, which closed last week with a depreciation of approximately 4.26%, is also following a short-term sellers course on the first trading day of the week. Technically, if downward movements continue, 546.45 and 541.00 dollars can be followed as support levels. In case of possible upward movements, $ 554.00 and $ 560.00 can be followed as resistance levels.
 
Resistances: 554,00 / 560,00 /563,00
Supports: 546,45 / 541,00 / 536,25


COPPER Technical Analysis

 
Technically, the level of 373.34, which corresponds to the 100-day moving average, can be followed as a critical threshold. In case of persistence above this level, 375.80 and 376.30 can be followed as resistance levels in the short term. In possible transitions below this level, 372.54 and 371.10 can be followed as support levels in the short term.
 
Resistances: 375,80 / 376,30 / 377,90
Supports: 372,54 / 371,10 / 370,00

Tags: Technical Analysis, Analysis, Forex

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