ALB Limited 12.12.2023

Positive Trend in Nas100 Ahead of US Inflation

NAS100 Technical Analysis

In case the recovery trends continue in the Nas100 futures index contract, which is traded in a slightly flat to slightly higher trend in the short term before the US inflation data, 16350 and 16460 dollars can be monitored as resistance levels. In case of possible downward movements, $ 16195 and $ 16100 can be followed as support levels.
 
Resistances: 16350 / 16460 / 16570
Supports: 16195 / 16100 / 16000
 

CATERPILLAR Technical Analysis

Technically, the $ 92.40 level, which corresponds to the 100-day weighted moving average, can be followed as a critical threshold. In case of persistence above this level, $ 93.72 and $ 94.10 can be followed as resistance levels in the short term. In case of a possible move below this level, $ 92.20 and $ 91.86 can be followed as support levels.
 
Resistances: 93,72 / 94,10 / 94,60
Supports: 92,20 / 91,86 / 91,40
 

SALESFORCE Technical Analysis

While the upward trend continues in the stock, which has moved away from its averages rapidly after the sharp rise in recent weeks, momentum indicators show signs of fatigue. In this context, attention should be paid to 249.20 support in downward pricing. If this level is broken, the downward trend may continue until 245.70 support. In upward pricing, if 254.80 can be broken, the 263.40 peak can be retargeted.
 
Resistances: 254.80 / 260.00 / 263.40
Supports: 249.20 / 245.70 / 243.20
 

WHEAT Technical Analysis

In Wheat, which followed a buying trend in the morning hours today after a 3.50 per cent depreciation yesterday, $ 617.50 and $ 652.50 can be followed as resistance levels if the recovery trend continues in the short term. If downward movements come to the agenda, $ 604.50 and $ 596.25 can be followed as support levels.
 
Resistances:
617,50 / 652,50 / 631,00
Supports: 604,50 / 596,25 / 588,25
 

COPPER Technical Analysis

From a technical point of view, a buyer course is observed in copper pricing in the short term. If upward movements continue, $ 381.20 and $ 382.40 can be monitored as resistance levels. If downward movements come to the agenda, $ 378.35 and $ 377.45, where the 200-day exponential moving average is located, can be followed as support levels.
 
Resistances: 381,20 / 382,40 / 383,25
Supports: 378,35 / 377,45 / 376,20

Tags: Technical Analysis, Analysis, Forex

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