Siemens Breaks Upward Trend
NAS100 Technical Analysis
In the event that downward movements continue in the Nas100 futures index contract, which exhibits a sellers' outlook in the short term after the rise in bond yields, 16750 and 16655 dollars can be followed as support levels. If possible recovery trends come to the agenda, $ 16890 and $ 16960 can be followed as resistance levels.
Resistances: 16890 / 16960 / 17050
Supports: 16750 / 16655 / 16575
SIEMENS Technical Analysis
The downward trend is effective in the short term in the stock that breaks the uptrend. 159.80-159.10 can be monitored as important intraday supports in downward pricing. If the selling pressure strengthens, the level of 158.00 will be followed as a critical support point. In upward pricing, 162.00 should be followed as critical resistance for the transition to an upward trend.
Resistances: 162.00 / 163.10 / 164.00
Supports: 159.80 / 159.10 / 158.00
WHEAT Technical Analysis
Technically, it is seen that Wheat, which followed a horizontal movement at noon, is priced near the fibo 23.6% level. If this level is surpassed, $ 602.45 with the 50-day exponential average and $ 605.00 with the 100-day exponential average can be followed as resistance levels. In possible downward movements, $ 593.25 and $ 591.00 can be followed as support levels.
Resistances: 602.50 / 605.00 / 609.50
Supports: 593.25 / 591.00 / 587.00
COPPER Technical Analysis
If downward movements continue in Copper, which continues the second trading day of the week with a sellers' course, 376.00 and 374.35 can be followed as support levels. In possible upward movements, 378.80 and 379.85 can be followed as resistance levels.
Resistances: 378.80 / 379.85 / 380.6
Supports: 376.00 / 374.35 / 373.30 Tags: Technical Analysis, Analysis, Forex