ALB Limited 03.05.2024

Eyes on US Non-Farm Payrolls Data in Global Markets

XAUUSD - Gold Technical Analysis

Ounce Gold, which has been following downward movements for a while due to the suspension of geopolitical developments and retreated to 2285, closed the day in the negative zone yesterday. In the precious metal, which followed a volatile course after the Fed interest rate decision and managed to hold above the $ 2300 level, eyes will be on the US Non-Farm Payrolls data to be announced today. If Ons Gold, which follows a buying course in the morning hours today, moves in this direction in the rest of the day, 2325 and 2332 can be followed as resistance levels. In possible withdrawals, 2300 and 2290 can be followed as support levels.

Resistances: 2325 / 2332 / 2350
Supports: 2300 / 2290 / 2280
 

XAGUSD Technical Analysis

Similar to Ons Gold, Ons Silver, which started the last trading day of the week with a buying trend, will be in the Non-Farm Employment data to be announced today. If silver, which managed to move upwards after yesterday's retreat, can maintain its momentum today, $ 26.80 and $ 27.00 can be followed as resistance levels. In case of withdrawals, 26.50 and 26.25 can be followed as support levels.

Resistances: 26.80 / 27.00 / 27.25
Supports: 26.50 / 26.25 / 26.00
 

EUR/USD Technical Analysis

The pair, which tested below 1.0700 after the Fed meeting, starts the day with a buying course with some pressure on bond yields and the dollar index. Non-Farm Employment data to be announced today may cause volatility in the pair. In case the dollar index strengthens, 1.0722 and 1.0700 can be monitored as support levels. In possible upward movements, 1.0750 and 1.0765 can be followed as resistance levels.

Resistances:  1.0750 / 1.0765 / 1.0780
Supports: 1.0722 / 1.0700 / 1.0675
 

NAS100 Technical Analysis

If the upward movements continue in the Nas100 futures index contract, which follows a buying trend in the morning hours today after yesterday's rise, 17805 and 17890, where the 50-day exponential average is located, can be followed as resistance levels in the short term. In downward movements, 17700 and 17645 can be followed as support levels.

Resistances: 17805 / 17890 / 18000
Supports: 17700 / 17645 / 17535
 

UKOIL Technical Analysis

UKOIL, which fell below its 200-day exponential average with the decrease in geopolitical tensions, continues to look weak despite the buying trend. UKOIL, which declined on Wednesday with the announcement of US Crude Oil Stocks above expectations and uncertainties despite the demand from China, will be in the eyes of the OPEC+ decision. If UKOIL, which follows a buying course in the morning hours today, continues its upward movements, 84.35 and 84.60 can be followed as resistance levels. In case of retracements

Resistances: 84.35 / 84.60 / 85.00
Supports: 83.50 / 83.25 / 83.00

Tags: Technical Analysis, Analysis, Forex

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