Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX raised its value from 13195.8 to 13240.0 points. This morning the index is traded at 13217.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13289.4 - 13294.1 points, the aim will be reaching and testing the zone 13338.9 - 13341.2. If it is successful, the upward trend will continue to 13397.5 - 13402.2 points. If the DAX drops below the support levels at 13186 - 13181.3, it will try to find next support at 13125 - 13122.7. In case of breaking down, the downward trend will continue to 13077.9 - 13073.2 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver lowered its value from 17.02 USD to 16.96 USD. This morning it is trading at 16.98 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.05 - 17.06 USD, the aim will be reaching and testing the zone 17.14 - 17.15 USD. If it is successful, the upward trend will continue to 17.27 - 17.28 USD. If the precious metal drops below the support levels at 16.85 - 16.84 USD, it will try to find next support at 16.72 - 16.71 USD. In case of breaking down, the downward trend will continue to 16.63 - 16.62 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold lowered its value from 1471.17 USD to 1467.48 USD. This morning it is trading at 1468.93 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1471.78 - 1472 USD, the aim will be reaching and testing the zone 1476.07 - 1476.19 USD. If it is successful, the upward trend will continue to 1480.82 - 1481.04 USD. If the precious metal drops below the support levels at 1462.96 - 1462.74 USD, it will try to find next support at 1458.11 - 1457.99 USD. In case of breaking down, the downward trend will continue to 1453.92 - 1453.7 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the December Crude Oil futures raised their value from 56.99 USD to 57.99 USD per barrel. This morning they are trading at 57.82 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.53 - 58.77 USD, the aim will be reaching and testing the zone 59.07 - 59.19 USD. If it is successful, the upward trend will continue to 60.08 - 60.32 USD. If the Crude Oil futures drop below the support levels at 57.22 - 56.98 USD, they will try to find next support at 56.09 - 55.97 USD. In case of breaking down, the downward trend will continue to 55.67 - 55.43 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3247 CAD to 1.3218 CAD. This morning the currency pair is trading at 1.3224 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3236 - 1.3241 CAD, the aim will be reaching and testing the zone 1.3261 - 1.3264 CAD. If it is successful, the upward trend will continue to 1.3271 - 1.3276 CAD. If USD drops below the support levels at 1.3205 - 1.32 CAD, it will try to find next support at 1.3193 - 1.319 CAD. In case of breaking down, the downward trend will continue to 1.317 - 1.3165 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.6786 USD to 0.6815 USD. This morning the currency pair is trading at 0.6814 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6831 - 0.6836 USD, the aim will be reaching and testing the zone 0.6847 - 0.685 USD. If it is successful, the upward trend will continue to 0.6873 - 0.6878 USD. If Australian dollar drops below the support levels at 0.6794 - 0.6789 USD, it will try to find next support at 0.6766 - 0.6764 USD. In case of breaking down, the downward trend will continue to 0.6753 - 0.6748 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.40 JPY to 108.7550 JPY. This morning the currency pair is trading at 108.70 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.95 - 1090 JPY, the aim will be reaching and testing the zone 109.15 - 109.17 JPY. If it is successful, the upward trend will continue to 109.45 - 109.5 JPY. If USD drops below the support levels at 108.51 - 108.46 JPY, it will try to find next support at 108.19 - 108.16 JPY. In case of breaking down, the downward trend will continue to 108.01 - 107.96 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.2880 USD to 1.2899 USD. This morning the currency pair is trading at 1.2919 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2923 - 1.2925 USD, the aim will be reaching and testing the zone 1.2947 - 1.2948 USD. If it is successful, the upward trend will continue to 1.2975 - 1.2977 USD. If GBP drops below the support levels at 1.2873 - 1.2871 USD, it will try to find next support at 1.2844 - 1.2843 USD. In case of breaking down, the downward trend will continue to 1.2821 - 1.2819 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar raised its value from 0.9879 CHF to 0.9893 CHF. This morning the currency pair is trading at 0.9891 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.991 - 0.991 CHF, the aim will be reaching and testing the zone 0.9927 - 0.9927 CHF. If it is successful, the upward trend will continue to 0.9944 - 0.9944 CHF. If USD drops below the support levels at 0.9876 - 0.9876 CHF, it will try to find next support at 0.9859 - 0.9859 CHF. In case of breaking down, the downward trend will continue to 0.9864 - 0.9861 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro raised its value from 1.1021 USD to 1.1048 USD. This morning the currency pair is trading at 1.1053 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1065 - 1.107 USD, the aim will be reaching and testing the zone 1.1082 - 1.1084 USD. If it is successful, the trend will continue to 1.1108 - 1.1112 USD. If euro drops below the support levels at 1.1027 - 1.1023 USD, it will try to find next support at 1.0999 - 1.0997 USD. In case of breaking down, the downward trend will continue to 1.0984 - 1.098 USD.

This information is not to be interpreted as an investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 takes no responsibility and is not to be held accountable for any use that may be made of the information provided and for any consequences that may result therefrom. No express warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please be advised that trading CFDs involves a significant risk of loss.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning
Icons/ic_arrow_downCreated with Sketch.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.