LimitMarkets

LimitMarkets

The inflation figures from Australia are expected to be published next week. In the Q1 data, we can see a data set below expectations due to the negative economic activities caused by the coronavirus. The upward trend that started in the dollar index within the week begins to gain momentum. In this context, US dollar positive activity may increase its effect again...

LimitMarkets

NQ100 continues to rise. US President Trump’s acquittal in the Senate, as expected, and the news that a new antiviral drug will help patients with the coronavirus help bullish trend in global indices. 9432 is still a significant level for the continuation of the upward movements in NQ100. If the upward movements exceed this level, we will closely follow 9480...

LimitMarkets

Upward trend continues with limited movements in USOIL. After the retaliation of Iran last night, USOIL got hard reactions in upward direction and the movements continue above 62.50. 63.00 and 64.00 levels will decide whether the current buying movements will continue in the commodity. Additionally, if the movements exceed this level, 66.50 will be on our radar....

LimitMarkets

DAX30 continues to recover. The rising tensions between the U.S. and – Iran drew reaction from the political actors in Europe. Following the retaliations between two countries, anti-war statements made by Iranian officials lead to a recovery movement in the index. There is a desire to rise in the German index and for the continuation of the current recovery, 12...

LimitMarkets

The indices started the week on a horizontal course due to the rising tensions between the U.S. and Iran. The depreciation continues in global indices and we will follow 3200 level in order to determine whether the current selling pressure will continue. If the retreats decrease below this area, 3168 area will be on the agenda. In possible upward movements, 3240...

LimitMarkets

The safe-haven assets continue to rise due to the tensions between the U.S. and Iran. U.S. Non-farm payrolls will be announced this week and the technical outlook in XAUUSD may change depending on this data flow. However, if the tensions further escalate between the U.S. and Iran, XAUUSD will probably increase further. 1584 and 1592 resistance levels are highly...

LimitMarkets

Rising tensions in the Middle East, between the U.S. and Iran, led the investors to avoid risky moves on the last trading day of the week. Gold Spot, which is the most important instrument of the safe-haven assets headed for the highest level in the last 4 months. Technically, Gold Spot has broken the ascending channel pattern with aggressive buying movements....

LimitMarkets

The rise in NZDUSD reached the upper band. The strong ascending trend led the recovery to continue, yet couldn't become permanent above 0.6730 area. 0.6710 and 0.6690 levels will be on our radar as supports for the continuity of the possible retreats. On the other hand, 0.6730 and 0.6780 will continue to be important resistance levels for us.

LimitMarkets

GBPUSD continues to recover. While the sharp depreciation in the dollar index supports the rise in the parity, we will follow 1.3140 and 1.3200 levels in order to maintain the current upward movement. We will follow 1.3060 and 1.2980 areas in case of possible retreats.

LimitMarkets

The upward movements in XAUUSD is close to the upper band. The precious metal’s upward movements, which began on the first trading day of the week, continue around 1493 area, the upper band. 1486 support level is still important for the continuity of the short-term retreats. In case the retreats decrease below this level, 1484 level will also be on our radar. In...

LimitMarkets

We're following the selling pressure in XAUUSD. With the recovery in the dollar index, the downward trend in Gold will continue and 1470 area will be the support in order to maintain the current selling pressure. If the retreat reaches the bottom of this area, we will closely follow 1462 level. In possible upward movements, on the other hand, 1479 and 1483 will be...

LimitMarkets

The selling pressure increases in DAX30. The German Index took a short-term break at the beginning of the day. As long as the index stays below 13420 area, the selling pressure will have a chance to reach 13300.

LimitMarkets

EURGBP is still in a recovery trend. Negative volatility continues in British pound ahead of the release of UK Unemployment Rate (Oct). 0.8460 and 0.8495 resistance levels are significant levels for the continuity of the short-term increases in the parity. In possible retreats, on the other side, 0.8410 and 0.8370 support levels will be on our radar.

LimitMarkets

Although U.S. – China trade deal has been accepted by the U.S. side, China hasn’t commented on the issue yet. Also, the selling pressure, which has arisen due to the latest news in the precious metal, is losing its impact gradually. If the current recovery trend continues, 1474 and 1478 will be on our radar as the resistance levels. On the other side, 1462 and...

LimitMarkets

After the UK election, we observed a strong upward movement in GBPUSD, yet the movement cannot be permanent above 1.3500 and also, we may observe retreats due to the profit realizations in the parity. In this context, current selling pressure may last until the parity reaches 1.3376, on the condition that the price stays below 1.3506.

LimitMarkets

"NZDUSD continues to rise. As a result of the depreciation in USD, 0.6600 level will be critical for the continuation of the current recovery trend. If the movements exceed this area, 0.6655 level will be on our radar. On the other hand, in case of possible retreats, 0.6520 and 0.6490 will be the support levels."

LimitMarkets

The upward momentum is getting weaker in CHFJPY. As a result of the trading divergence, the current selling pressure may reach 109.75 level, as long as CHFJPY stays below 110.36.

LimitMarkets

GBPUSD has a potential to rise. If the parity continues to stay above 1.2799, the current recovery trend may continue until it reaches 1.2949.