Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13523.9 to 13486.5 points. This morning the index is traded at 13454.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13566.4 - 13590.5 points, the aim will be reaching and testing the zone 13682.5 - 13694.6. If it is successful, the upward trend will continue to 13726.1 - 13750.2 points. If the DAX drops below the support levels at 13430.8 - 13406.7, it will try to find next support at 13375.2 - 13363.1. In case of breaking down, the downward trend will continue to 13271.1 - 13247 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.79 USD to 17.83 USD. This morning it is trading at 17.87 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.94 - 17.95 USD, the aim will be reaching and testing the zone 18.05 - 18.05 USD. If it is successful, the upward trend will continue to 18.18 - 18.19 USD. If the precious metal drops below the support levels at 17.71 - 17.7 USD, it will try to find next support at 17.57 - 17.57 USD. In case of breaking down, the downward trend will continue to 17.46 - 17.45 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1558.34 USD to 1558.41 USD. This morning it is trading at 1561.35 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1561.71 - 1562.98 USD, the aim will be reaching and testing the zone 1565.02 - 1565.65 USD. If it is successful, the upward trend will continue to 1570.85 - 1572.12 USD. If the precious metal drops below the support levels at 1553.84 - 1552.57 USD, it will try to find next support at 1547.37 - 1546.74 USD. In case of breaking down, the downward trend will continue to 1544.7 - 1543.43 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures lowered their value from 58.23 USD to 56.06 USD per barrel. This morning they are trading at 56.11 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.22 - 57.6 USD, the aim will be reaching and testing the zone 58.95 - 59.14 USD. If it is successful, the upward trend will continue to 59.55 - 59.93 USD. If the Crude Oil futures drop below the support levels at 55.27 - 54.9 USD, they will try to find next support at 54.49 - 54.3 USD. In case of breaking down, the downward trend will continue to 52.95 - 52.57 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3070 CAD to 1.3131 CAD. This morning the currency pair is trading at 1.3142 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3177 - 1.319 CAD, the aim will be reaching and testing the zone 1.3223 - 1.3229 CAD. If it is successful, the upward trend will continue to 1.3294 - 1.3307 CAD. If USD drops below the support levels at 1.3073 - 1.306 CAD, it will try to find next support at 1.2996 - 1.2989 CAD. In case of breaking down, the downward trend will continue to 1.2956 - 1.2943 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6843 USD to 0.6844 USD. This morning the currency pair is trading at 0.6841 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6858 - 0.6859 USD, the aim will be reaching and testing the zone 0.6872 - 0.6872 USD. If it is successful, the upward trend will continue to 0.6887 - 0.6888 USD. If Australian dollar drops below the support levels at 0.6829 - 0.6828 USD, it will try to find next support at 0.6813 - 0.6812 USD. In case of breaking down, the downward trend will continue to 0.6799 - 0.6798 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.85 JPY to 109.8300 JPY. This morning the currency pair is trading at 109.74 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.97 - 110.01 JPY, the aim will be reaching and testing the zone 110.17 - 110.19 JPY. If it is successful, the upward trend will continue to 110.24 - 110.28 JPY. If USD drops below the support levels at 109.74 - 109.69 JPY, it will try to find next support at 109.64 - 109.62 JPY. In case of breaking down, the downward trend will continue to 109.47 - 109.42 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3048 USD to 1.3136 USD. This morning the currency pair is trading at 1.3143 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3181 - 1.3196 USD, the aim will be reaching and testing the zone 1.3226 - 1.3233 USD. If it is successful, the upward trend will continue to 1.33 - 1.3314 USD. If GBP drops below the support levels at 1.3077 - 1.3062 USD, it will try to find next support at 1.2996 - 1.2989 USD. In case of breaking down, the downward trend will continue to 1.2958 - 1.2944 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9685 CHF to 0.9677 CHF. This morning the currency pair is trading at 0.9674 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9703 - 0.9711 CHF, the aim will be reaching and testing the zone 0.9741 - 0.9745 CHF. If it is successful, the upward trend will continue to 0.9741 - 0.9745 CHF. If USD drops below the support levels at 0.966 - 0.9652 CHF, it will try to find next support at 0.9643 - 0.9639 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 raised its value from 1.1081 USD to 1.1092 USD. This morning the currency pair is trading at 1.1095 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1103 - 1.1106 USD, the aim will be reaching and testing the zone 1.1115 - 1.1116 USD. If it is successful, the trend will continue to 1.1132 - 1.1134 USD. If euro drops below the support levels at 1.1078 - 1.1075 USD, it will try to find next support at 1.1078 - 1.1075 USD. In case of breaking down, the downward trend will continue to 1.1049 - 1.1047 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.

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.
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.