Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13221.8 to 13273.6 points. This morning the index is traded at 13261.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13326.3 - 13335.2 points, the aim will be reaching and testing the zone 13378.9 - 13383.4. If it is successful, the upward trend will continue to 13449.5 - 13458.4 points. If the DAX drops below the support levels at 13212 - 13203.1, it will try to find next support at 13137 - 13132.5. In case of breaking down, the downward trend will continue to 13088.8 - 13079.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.83 USD to 16.75 USD. This morning it is trading at 16.81 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.88 - 16.88 USD, the aim will be reaching and testing the zone 17.01 - 17.02 USD. If it is successful, the upward trend will continue to 17.14 - 17.14 USD. If the precious metal drops below the support levels at 16.63 - 16.63 USD, it will try to find next support at 16.51 - 16.5 USD. In case of breaking down, the downward trend will continue to 16.37 - 16.37 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1455.39 USD to 1455.94 USD. This morning it is trading at 1458.19 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1462.36 - 1463.37 USD, the aim will be reaching and testing the zone 1468.77 - 1469.28 USD. If it is successful, the upward trend will continue to 1477.21 - 1478.22 USD. If the precious metal drops below the support levels at 1448.52 - 1447.51 USD, it will try to find next support at 1439.58 - 1439.07 USD. In case of breaking down, the downward trend will continue to 1433.67 - 1432.66 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 56.85 USD to 56.77 USD per barrel. This morning they are trading at 56.66 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.27 - 57.35 USD, the aim will be reaching and testing the zone 57.9 - 57.94 USD. If it is successful, the upward trend will continue to 58.27 - 58.35 USD. If the Crude Oil futures drop below the support levels at 56.35 - 56.27 USD, they will try to find next support at 55.94 - 55.9 USD. In case of breaking down, the downward trend will continue to 55.35 - 55.27 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3231 CAD to 1.3231 CAD. This morning the currency pair is trading at 1.3236 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3252 - 1.3254 CAD, the aim will be reaching and testing the zone 1.3275 - 1.3276 CAD. If it is successful, the upward trend will continue to 1.3293 - 1.3295 CAD. If USD drops below the support levels at 1.3212 - 1.3211 CAD, it will try to find next support at 1.3193 - 1.3193 CAD. In case of breaking down, the downward trend will continue to 1.3171 - 1.317 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6848 USD to 0.6840 USD. This morning the currency pair is trading at 0.6840 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6853 - 0.6854 USD, the aim will be reaching and testing the zone 0.6868 - 0.6869 USD. If it is successful, the upward trend will continue to 0.6879 - 0.688 USD. If Australian dollar drops below the support levels at 0.6828 - 0.6827 USD, it will try to find next support at 0.6817 - 0.6816 USD. In case of breaking down, the downward trend will continue to 0.6802 - 0.6801 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.04 JPY to 108.9930 JPY. This morning the currency pair is trading at 109.00 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.18 - 109.22 JPY, the aim will be reaching and testing the zone 109.42 - 109.44 JPY. If it is successful, the upward trend will continue to 109.55 - 109.58 JPY. If USD drops below the support levels at 108.85 - 108.81 JPY, it will try to find next support at 108.7 - 108.68 JPY. In case of breaking down, the downward trend will continue to 108.48 - 108.44 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2847 USD to 1.2841 USD. This morning the currency pair is trading at 1.2850 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.287 - 1.2871 USD, the aim will be reaching and testing the zone 1.2901 - 1.2902 USD. If it is successful, the upward trend will continue to 1.2929 - 1.293 USD. If GBP drops below the support levels at 1.2812 - 1.2811 USD, it will try to find next support at 1.2784 - 1.2784 USD. In case of breaking down, the downward trend will continue to 1.2754 - 1.2753 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9931 CHF to 0.9929 CHF. This morning the currency pair is trading at 0.9927 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.995 - 0.9955 CHF, the aim will be reaching and testing the zone 0.9978 - 0.998 CHF. If it is successful, the upward trend will continue to 0.9993 - 0.9997 CHF. If USD drops below the support levels at 0.9913 - 0.9908 CHF, it will try to find next support at 0.9896 - 0.9894 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 yesterday, the euro lowered its value from 1.1032 USD to 1.1008 USD. This morning the currency pair is trading at 1.1012 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1026 - 1.103 USD, the aim will be reaching and testing the zone 1.105 - 1.1052 USD. If it is successful, the trend will continue to 1.1063 - 1.1067 USD. If euro drops below the support levels at 1.0994 - 1.099 USD, it will try to find next support at 1.098 - 1.0978 USD. In case of breaking down, the downward trend will continue to 1.0957 - 1.0953 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.