Euro / Dollar – Weak Response

– Reaction is poor

After the US Treasury Secretary Yellen’s statements at the weekend, there is no significant change in the US bond yields, with the retention of high levels, reaction trials in the parity are quite limited. Therefore, as long as 1.20 is not exceeded in the parity, 1.19 support will be followed.

  • Support: 1,19 – 1,1850 – 1,1760
  • Resistance: 1,20 – 1,2060

– 1,3850 in support positions

The expectation of a recovery in the UK and a sharper recovery in the business world in 2021 compared to similar countries support the parity. It can be expected to remain within the 1.3850 – 1.40 band. The US bond interest tends to limit the possible rise here as well.

  • Support: 1,3850 – 1,3750 – 1,3690
  • Resistance: 1,40 – 1,4130

– Rise slows down

As of the morning, there was a mixed outlook in Asia, but a relatively positive trend in Japan. With the rise in US bond yields, the pair finds support, while the 110 level above the 108.50 support level will be followed as short-term resistance.

  • Support: 108,50 – 107,40
  • Resistance: 110

XAU / USD – Closes above 1720 are positive

Following the recovery on Friday, precious metals entered the week with a more balanced opening, with short-term resistance levels of $ 26.20 / ounce and $ 1750 / ounce to be followed. Being able to stay below 1720 is important for the short-term outlook.

  • Support: 1720 – 1700 – 1685
  • Resistance: 1750 – 1765

NYMEX – close to 70 resistance

As the oil prices started the week with an increase, the increase in energy demand, as indicated by the data from China, was effective in approaching the resistance of $ 70 a barrel. In the US, $ 67 a barrel is short-term resistance.

  • Support: 65 – 63,50
  • Resistance: 67 – 68,20

– Close to the historical summit

Following the expectations created by the fiscal stimulus package in the USA and the statements from the US Treasury Minister Yellen, the new week started with a flat course in the term index contracts, while the relatively positive divergence continues. 3960 historical peak above 3900 in the index is again in the target position.

  • Support: 3900 – 3860 – 3800
  • Resistance: 3960 – 4000

Original Article

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