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Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX was in a range 11529 - 11578.3 points. This morning the index is traded at 11565.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11581.4 - 11583.1 points, the aim will be reaching and testing the zone 11604.5 - 11605.3. If it is successful, the upward trend will continue to 11630.7 - 11632.3 points. If the DAX drops below the support levels at 11533.7 - 11532.1, it will try to find next support at 11506.7 - 11505.9. In case of breaking down, the downward trend will continue to 11484.4 - 11482.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.84 USD to 16.79 USD. This morning it is trading at 16.93 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.86 - 16.88 USD, the aim will be reaching and testing the zone 16.96 - 16.99 USD. If it is successful, the upward trend will continue to 17.00 - 17.02 USD. If the precious metal drops below the support levels at 16.74 - 16.72 USD, it will try to find next support at 16.68 - 16.65 USD. In case of breaking down, the downward trend will continue to 16.60 - 16.58 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold was in a range 1197.91 - 1208.51 USD. This morning it is trading at 1210.97 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1208.08 - 1208.22 USD, the aim will be reaching and testing the zone 1213.60 - 1213.67 USD. If it is successful, the upward trend will continue to 1218.68 - 1218.82 USD. If the precious metal drops below the support levels at 1197.62 - 1197.48 USD, it will try to find next support at 1192.47 - 1192.40 USD. In case of breaking down, the downward trend will continue to 1187.02 - 1186.88 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures were in a range 52.88 - 53.47 USD per barrel. This morning they are trading at 53.19 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 53.61 - 53.67 USD, the aim will be reaching and testing the zone 53.84 - 53.87 USD. If it is successful, the upward trend will continue to 54.20 - 54.27 USD. If the Crude Oil futures drop below the support levels at 53.08 - 53.01 USD, they will try to find next support at 52.68 - 52.65 USD. In case of breaking down, the downward trend will continue to 52.48 - 52.42 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3133 CAD to 1.3173 CAD. This morning the currency pair is trading at 1.3099 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3200 - 1.3207 CAD, the aim will be reaching and testing the zone 1.3227 - 1.3231 CAD. If it is successful, the upward trend will continue to 1.3269 - 1.3276 CAD. If USD drops below the support levels at 1.3138 - 1.3131 CAD, it will try to find next support at 1.3094 - 1.3090 CAD. In case of breaking down, the downward trend will continue to 1.3070 - 1.3063 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar was in a range 0.74572 - 0.75051 USD. This morning the currency pair is trading at 0.7524 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7499 - 0.7501 USD, the aim will be reaching and testing the zone 0.7526 - 0.7527 USD. If it is successful, the upward trend will continue to 0.7547 - 0.7549 USD. If Australian dollar drops below the support levels at 0.7453 - 0.7451 USD, it will try to find next support at 0.7431 - 0.7430 USD. In case of breaking down, the downward trend will continue to 0.7405 - 0.7404 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 114.32 JPY to 114.18 JPY. This morning the currency pair is trading at 113.38 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 114.56 - 114.60 JPY, the aim will be reaching and testing the zone 114.94 - 114.96 JPY. If it is successful, the upward trend will continue to 115.41 - 115.46 JPY. If USD drops below the support levels at 113.75 - 113.70 JPY, it will try to find next support at 113.25 - 113.23 JPY. In case of breaking down, the downward trend will continue to 112.89 - 112.84 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.1994 USD to 1.2041 USD. This morning the currency pair is trading at 1.2114 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2088 - 1.2090 USD, the aim will be reaching and testing the zone 1.2136 - 1.2137 USD. If it is successful, the upward trend will continue to 1.2187 - 1.2189 USD. If GBP drops below the support levels at 1.1992 - 1.1990 USD, it will try to find next support at 1.1940 - 1.1939 USD. In case of breaking down, the downward trend will continue to 1.1894 - 1.1892 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 1.0088 - 1.01355 CHF. This morning the currency pair is trading at 1.0072 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0135 - 1.0137 CHF, the aim will be reaching and testing the zone 1.0155 - 1.0159 CHF. If it is successful, the upward trend will continue to 1.0183 - 1.0186 CHF. If USD drops below the support levels at 1.0088 - 1.0085 CHF, it will try to find next support at 1.0064 - 1.0061 CHF. In case of breaking down, the downward trend will continue to 1.0040 - 1.0035 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro was in a range 1.05785 - 1.0635 USD. This morning the currency pair is trading at 1.0650 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0624 - 1.0627 USD, the aim will be reaching and testing the zone 1.0658 - 1.0659 USD. If it is successful, the trend will continue to 1.0680 - 1.0684 USD. If euro drops below the support levels at 1.0571 - 1.0567 USD, it will try to find next support at 1.0546 - 1.0545 USD. In case of breaking down, the downward trend will continue to 1.0514 - 1.0511 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Avus Capital accepts no responsibility 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 his or her own risk. Please be advised that trading CFDs involves a significant risk of loss.

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