Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12468.9 to 12568.2 points. This morning the index is traded at 12568.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12663.2 - 12699.8 points, the aim will be reaching and testing the zone 12758.3 - 12776.6. If it is successful, the upward trend will continue to 12926.4 - 12963 points. If the DAX drops below the support levels at 12436.6 - 12400, it will try to find next support at 12250.2 - 12231.9. In case of breaking down, the downward trend will continue to 12173.4 - 12136.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 25.03 USD to 24.70 USD. This morning it is trading at 24.74 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 25.06 - 25.06 USD, the aim will be reaching and testing the zone 25.42 - 25.42 USD. If it is successful, the upward trend will continue to 25.77 - 25.77 USD. If the precious metal drops below the support levels at 24.35 - 24.35 USD, it will try to find next support at 24 - 24 USD. In case of breaking down, the downward trend will continue to 23.64 - 23.64 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1923.29 USD to 1903.90 USD. This morning it is trading at 1906.30 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1919.68 - 1921.59 USD, the aim will be reaching and testing the zone 1938.33 - 1939.29 USD. If it is successful, the upward trend will continue to 1951.23 - 1953.14 USD. If the precious metal drops below the support levels at 1890.04 - 1888.13 USD, it will try to find next support at 1876.19 - 1875.23 USD. In case of breaking down, the downward trend will continue to 1858.49 - 1856.58 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 39.99 USD to 40.58 USD per barrel. This morning they are trading at 40.63 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.15 - 41.24 USD, the aim will be reaching and testing the zone 41.73 - 41.77 USD. If it is successful, the upward trend will continue to 42.46 - 42.55 USD. If the Crude Oil futures drop below the support levels at 39.93 - 39.84 USD, they will try to find next support at 39.15 - 39.11 USD. In case of breaking down, the downward trend will continue to 38.62 - 38.53 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3145 CAD to 1.3133 CAD. This morning the currency pair is trading at 1.3124 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.316 - 1.3166 CAD, the aim will be reaching and testing the zone 1.3195 - 1.3198 CAD. If it is successful, the upward trend will continue to 1.3214 - 1.3219 CAD. If USD drops below the support levels at 1.3112 - 1.3106 CAD, it will try to find next support at 1.3091 - 1.3088 CAD. In case of breaking down, the downward trend will continue to 1.3058 - 1.3052 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7116 USD to 0.7117 USD. This morning the currency pair is trading at 0.7133 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7133 - 0.7137 USD, the aim will be reaching and testing the zone 0.7149 - 0.7151 USD. If it is successful, the upward trend will continue to 0.7174 - 0.7178 USD. If Australian dollar drops below the support levels at 0.7097 - 0.7093 USD, it will try to find next support at 0.707 - 0.7068 USD. In case of breaking down, the downward trend will continue to 0.7056 - 0.7052 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 104.58 JPY to 104.8010 JPY. This morning the currency pair is trading at 104.88 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.99 - 105.03 JPY, the aim will be reaching and testing the zone 105.18 - 105.2 JPY. If it is successful, the upward trend will continue to 105.44 - 105.48 JPY. If USD drops below the support levels at 104.58 - 104.54 JPY, it will try to find next support at 104.3 - 104.28 JPY. In case of breaking down, the downward trend will continue to 104.12 - 104.09 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3139 USD to 1.3077 USD. This morning the currency pair is trading at 1.3080 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3118 - 1.3129 USD, the aim will be reaching and testing the zone 1.3175 - 1.3181 USD. If it is successful, the upward trend will continue to 1.32 - 1.3211 USD. If GBP drops below the support levels at 1.3048 - 1.3037 USD, it will try to find next support at 1.3018 - 1.3012 USD. In case of breaking down, the downward trend will continue to 1.2966 - 1.2955 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9052 CHF to 0.9069 CHF. This morning the currency pair is trading at 0.9071 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.909 - 0.9094 CHF, the aim will be reaching and testing the zone 0.911 - 0.9112 CHF. If it is successful, the upward trend will continue to 0.914 - 0.9145 CHF. If USD drops below the support levels at 0.9044 - 0.9039 CHF, it will try to find next support at 0.9011 - 0.9009 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 1.1858 USD to 1.1818 USD. This morning the currency pair is trading at 1.1823 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1845 - 1.1852 USD, the aim will be reaching and testing the zone 1.1883 - 1.1887 USD. If it is successful, the trend will continue to 1.1901 - 1.1908 USD. If euro drops below the support levels at 1.1797 - 1.179 USD, it will try to find next support at 1.1776 - 1.1773 USD. In case of breaking down, the downward trend will continue to 1.1741 - 1.1735 USD.

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