Recovery Tendencies in Nas100
NAS100 Technical Analysis
Nasdaq, which experienced retreats against the rising dollar index after the US inflation data that came above expectations yesterday, is following a buying course at noon. If upward movements continue, $ 17850 and $ 17960 can be monitored as resistance levels. In case of withdrawals, 17660 and 17550 dollars can be followed as support levels.
Resistances: 17850 / 17960 / 18040
Supports: 17660 / 17550 / 17450
MCDONALDS Technical Analysis
If the downward movements continue today in the stock, which closed Tuesday negatively, 285.54 and 283.20 can be followed as important support levels. If 283.20 is crossed downwards, 281.00 can be followed as another important support level. In upward movements, 288.74 with the 5-day moving average and 290.00 with the 10-day exponential moving average can be followed as important resistance levels. If the 290.00 level is crossed upwards, 292.27 can be targeted as another important resistance level.
Resistances: 288.74 / 290.00 / 292.27
Supports: 285.54 / 283.20 / 281.00
COCA-COLA Technical Analysis
58.74 and 57.92 can be followed as important support levels if sales increase today in the stock, which closed negatively yesterday. If the 57.92 level is crossed downwards, 57.43 can be followed as another important support level. In upward movements, the level of 59.71 and 60.13, where the 10-day exponential moving average is located, can be followed as important resistance levels.
Resistances: 59.71 / 60.13 / 60.59
Supports: 58.74 / 57.92 / 57.43
WHEAT Technical Analysis
Technically, if the downward movements in Wheat, which showed a sharp decline at noon today, continue, 581.75 and 577.25 dollars can be followed as support levels. If possible recovery trends come to the agenda, 590.25 and 595.50 can be followed as resistance levels.
Resistances: 590.25 / 595.50 / 598.25
Supports: 581.75 / 577.25 / 573.00 Tags: Technical Analysis, Analysis, Forex