ALB Limited 24.11.2023

Markets Remain Calm Ahead of US PMI Data

NAS100 Technical Analysis

On the day when the markets will close early due to Thanksgiving Day in the USA, the Nasdaq futures index contract is trading in the 16040 region. Today, when the volume is relatively weak, the 16000 level can be followed as a support point in possible downward movements. In upward movements, the 16080 level can be followed as a resistance point.

Resistances: 16080 / 16120 / 16350
Supports: 16000 / 15840 / 15730

 

COCA COLA Technical Analysis

Technically, 58.80-59.30 resistances can be targeted if the rise continues today in the stock, which strengthens its upward trend. In downward pricing, if 58.00 support is broken, the correction trend may continue until 57.50 support, where the 10-day exponential average also passes.

Resistances: 58.80 / 59.30 / 59.90
Supports: 58.00 / 57.50 / 57.00


BMW Technical Analysis

Technically, the level of 93.40, which corresponds to the 50-day weighted moving average, can be followed as a critical threshold. In case of persistence below this level, 92.50 and 91.64 can be followed as support levels in the short term. In possible transitions above this level, 93.96 and 94.80 can be followed as resistance levels.

Resistances: 93,96 / 94,80 / 95,32
Supports: 92,50 / 91,64 / 90,90

 

WHEAT Technical Analysis

Technically, Wheat will open late and close early during the day due to Thanksgiving Day in the USA. In case of upward movements in Wheat, 560.25 and 565.25 dollars can be followed as resistance levels. If downward pricing comes to the agenda, $ 551.00 and $ 544.00 can be followed as support levels.

Resistances: 560,25 / 565,25 / 568,75
Supports: 551,00 / 544,00 / 540,25

 

COPPER Technical Analysis

Technically, the level of 377.70, which corresponds to the 200-day exponential moving average, can be followed as a critical threshold. In case of persistence below this level, 376.45 and 376.00 can be followed as support levels in the short term. In possible transitions above this level, 377.90 and 378.80 can be followed as resistance levels in the short term.

Resistances: 377,90 / 378,80 / 379,70
Supports: 376,45 / 376,00 / 375,25

Tags: Technical Analysis, Analysis, Forex

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