ALB Limited 29.01.2024

Nasdaq Started the New Week with a Rise

NAS100 Technical Analysis

The Nasdaq index, which made a positive start to the first trading day of the week, is trading in the 17575 region. If the upward movement continues in the index, which is traded within the rising channel, the 17650 level can be followed as a resistance point. In possible downward movements, the 17540 level can be monitored as a support point.

Resistances: 17650 / 17750 / 17800
Supports: 17540 / 17460 / 17400
 

EBAY Technical Analysis

If the upward movements in the stock, which closed positively last week, continue today, the level of 43.00, where the 200-day exponential moving average passes, can be followed as an important resistance level. If the 43.00 level is crossed upwards, 43.45 and 44.00 can be followed as other important resistance levels. In downward movements, 42.15, where the 100-day exponential moving average passes, and 41.85, where the 50 and 20-day exponential moving averages are located, can be targeted as important support levels.

Resistances: 43.00 / 43.45 / 44.00
Supports: 42.15 / 41.85 / 41.35
 

COCA-COLA Technical Analysis

The stock closed positive on Friday. If the upward movements continue, 59.74 and 60.18, the resistance level of the falling trend, can be followed as important resistance levels. In downward movements, 58.89 and 58.27 can be monitored as important support levels. If the 58.27 level is crossed downwards, 57.78 can be targeted as another important support level.

Resistances: 59.74 / 60.18 / 60.53
Supports: 58.89 / 58.27 / 57.78
 

WHEAT Technical Analysis

Technically, if the downward movements continue in Wheat, which follows a selling trend at noon, can be followed as support levels of 592.25 and 588.50 dollars. In case of possible upward movements, $ 595.75 and $ 598.00, corresponding to fibo 23.6%, can be followed as resistance levels.

Resistances: 595.75 / 598.00 / 600.00
Supports: 592.25 / 588.50 / 586.00
 

COPPER Technical Analysis

Copper commodity, which continues pricing movements above the downtrend from January 2023, is following a sellers' course at noon today. If downward movements continue, 382.35 can be monitored as an important support. In case of a possible move below this level, 381.70 and 380.80 can be followed as support levels. In upward movements, 385.30 and 386.50 can be followed as resistance levels.

Resistances: 385.30 / 386.50 / 387.50
Supports: 382.35 / 381.70 / 380.80

Tags: Technical Analysis, Analysis, Forex

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