ALB Limited 23.11.2023

Nasdaq Tries to Hold at 16000 Level

NAS100 Technical Analysis

On the day when the markets are closed in the US economy, the Nasdaq futures index contract is trading in the 16070 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 16120 level can be followed as a resistance point.
 
Resistances: 16120 / 16350 / 16450
Supports: 16000 / 15840 / 15730
 

VOLKSWAGEN Technical Analysis

Technically, the level of 117.50, which corresponds to the 50-day weighted moving average, can be followed as a critical threshold. In case of persistence above this level, 118.60 and 119.10 can be followed as resistance levels in the short term. In possible retracements, 117.50 and 117.00 can be followed as support levels in the short term.
 
Resistances: 118,60 / 119,10 / 120,10
Supports: 117,50 / 117,00 / 116,40


ALLIANZ Technical Analysis

Allianz, which has shown an upward acceleration since the beginning of the week, exhibits a limited positive outlook today. In the company, which is traded in the 231.20 region, 232.15 level can be followed as a resistance point if upward movements continue. In downward movements, the 230.00 level can be followed as a support point.
 
Resistances: 232,15 / 233,40 / 234,45
Supports: 230,00 / 228,20 / 224,15
 

COPPER Technical Analysis

Technically, the level of 377.75, which corresponds to the 200-day exponential moving average, can be followed as a critical threshold. In case of persistence above this level, 380.30 and 381.17 can be followed as resistance levels in the short term. In possible transitions below this level, 378.20 and 377.65 can be followed as support levels in the short term.
 
Resistances: 380,30 / 381,17 / 382,35
Supports: 378,20 / 377,65 / 376,80

Tags: Technical Analysis, Analysis, Forex

RISK PROBABILITY: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.40% of retail investor accounts lose money when trading CFDs with ALB Limited. These products may not be suitable for all investors. Please make sure that you fully understand the risks involved and seek independent advice if necessary. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The value of your investment may go down as well as up.

NEGATIVE BALANCE PROTECTION: Please see your rights here as a retail client.