08/06/2023 Evening Reports
* Applications for unemployment benefits in the USA increased more than expected last week. While expectations were for an increase of 253,000, 261,000 applications were received. After the announced data, there were sudden increases in the EURUSD parity.
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EURUSD
EURUSD – Influenced by Pricing in Favor of the Euro…
In the pair, since the beginning of the week, the horizontal pricing in the range of 1.0670 – 1.0735 has been upwards. In the EURUSD parity, which broke the 1.0735 level upwards during the day, the pricing in favor of the euro strengthened after the US unemployment claims data was announced as 261,000, above the expectations. In the parity, which is seen at the level of 1.0758 as a result of sudden increases, instant pricing continues around 1.0754.
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USDJPY
USDJPY – Pullbacks Up To 139.21 Level…
The horizontal pricing outlook continues with the pullbacks up to the level of 139.21 in the parity. If the effect of the pullbacks continues, the 138.70 level can be followed as support. In the pricing that may occur in favor of the dollar, the 140.91 level can be followed as resistance.
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XAUUSD
Ounce Gold – Pricing Moves in an Increasingly Stuck Zone…
After the sudden pullbacks from 1969 levels to 1939 levels in the previous day, yellow metal started to rise step by step today. As we approach the intersection points of the downtrend and the lower band of the uptrend, which has been showing its effect since the beginning of last month, the pricing continues to move in a narrower area. Although it is early to determine the direction at the moment, the effect of the breakdown that may occur as a result of the compression may severely affect the pricing.
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