Ounce Gold Renewed Summit After FED Members' Statements
XAUUSD - Gold Technical Analysis
Ons Gold, which suffered short-term profit selling after the factory orders data from the USA yesterday, continued to renew its records later in the day. Ons Gold, which continued its acceleration with increasing geopolitical risks and strengthening interest rate cut expectations by the Fed, renewed its historical peak with $ 2288 seen at night. In the morning hours, if the upward movements continue in the precious metal, which continues pricing movements in the positive zone in the short term, $ 2300 and $ 2345 can be followed as resistance levels. In possible withdrawal situations, $ 2220 and $ 2145 can be tested as support levels.
Resistances: 2300 / 2345 / 2475
Supports: 2220 / 2145 / 2080
XAGUSD Technical Analysis
In parallel with the rally on the Ons Gold side, upward accelerations are also observed on the Silver side on a weekly basis. Silver, which broke the 25.80 zone, which it could not pass for a long time, with yesterday's sharp rise, continues its upward climb this morning. If the upward movements in Ons Silver continue, 26.55 and 26.80 can be followed as resistance levels. In possible retreats, 26.15 and 25.90 can be followed as support levels in the short term.
Resistances: 26.55 / 26.80 / 27.00
Supports: 26.15 / 25.80 / 25.60
EUR/USD Technical Analysis
If the upward movements continue in the pair, which follows a buying course together with the dollar index that retreated after the interest rate statements made by the FOMC members, 1.0785 and 1.0800 can be followed as resistance levels. In possible withdrawals, 1.0760 and 1.0740 can be monitored as support levels.
Resistances: 1.0785 / 1.0800 / 1.0825
Supports: 1.0760 / 1.0740 / 1.0725
NAS100 Technical Analysis
As of yesterday, the index, which touched the trend support point and started reaction purchases again, is priced in the 18275 region in the morning hours. Downward selling pressure may be seen if the realisation of downward movements shows a downward break of the 18200 level and sagging out of trend. In this parallel, the 18000 level can be monitored as an important support point. In upward movements, 18375 and 18500 levels can be followed as resistance points.
Resistances: 18375 / 18500 / 18625
Supports: 18200 / 18000 / 17870
UKOIL Technical Analysis
The larger-than-expected decline in crude oil stocks in the US and the US's abandonment of its strategic reserve purchase plan due to oil prices led to a balancing in supply and demand. UKOIL, which continued to rise in the light of geopolitical developments yesterday, is following a sellers course ahead of the OPEC meeting to be held today. If downward movements in UKOIL continue in the short term, 88.55 and 88.15 can be followed as support levels. In possible upward movements, 89.50 and 90.00 can be followed as resistance levels.
Resistances: 89.50 / 90.00 / 90.40
Supports: 88.55 / 88.15 / 87.75 Tags: Technical Analysis, Analysis, Forex