Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12783.7 to 12723.1 points. This morning the index is traded at 12723.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12790.7 - 12805.7 points, the aim will be reaching and testing the zone 12880.8 - 12888.2. If it is successful, the upward trend will continue to 12925.9 - 12940.9 points. If the DAX drops below the support levels at 12670.5 - 12655.5, it will try to find next support at 12617.8 - 12610.4. In case of breaking down, the downward trend will continue to 12535.3 - 12520.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 24.36 USD to 24.62 USD. This morning it is trading at 24.75 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.92 - 24.92 USD, the aim will be reaching and testing the zone 25.23 - 25.23 USD. If it is successful, the upward trend will continue to 25.53 - 25.54 USD. If the precious metal drops below the support levels at 24.31 - 24.31 USD, it will try to find next support at 24 - 24 USD. In case of breaking down, the downward trend will continue to 23.7 - 23.7 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1903.28 USD to 1906.10 USD. This morning it is trading at 1910.75 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1915.28 - 1915.94 USD, the aim will be reaching and testing the zone 1924.45 - 1924.79 USD. If it is successful, the upward trend will continue to 1934.96 - 1935.62 USD. If the precious metal drops below the support levels at 1896.26 - 1895.6 USD, it will try to find next support at 1885.43 - 1885.09 USD. In case of breaking down, the downward trend will continue to 1876.58 - 1875.92 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures raised their value from 40.69 USD to 41.42 USD per barrel. This morning they are trading at 41.43 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.99 - 42.16 USD, the aim will be reaching and testing the zone 42.57 - 42.65 USD. If it is successful, the upward trend will continue to 43.47 - 43.63 USD. If the Crude Oil futures drop below the support levels at 40.68 - 40.52 USD, they will try to find next support at 39.7 - 39.62 USD. In case of breaking down, the downward trend will continue to 39.21 - 39.05 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3190 CAD to 1.3126 CAD. This morning the currency pair is trading at 1.3121 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3176 - 1.3185 CAD, the aim will be reaching and testing the zone 1.3239 - 1.3244 CAD. If it is successful, the upward trend will continue to 1.3275 - 1.3284 CAD. If USD drops below the support levels at 1.3086 - 1.3077 CAD, it will try to find next support at 1.3045 - 1.3041 CAD. In case of breaking down, the downward trend will continue to 1.2986 - 1.2977 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7061 USD to 0.7046 USD. This morning the currency pair is trading at 0.7050 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7072 - 0.7073 USD, the aim will be reaching and testing the zone 0.7098 - 0.7098 USD. If it is successful, the upward trend will continue to 0.7125 - 0.7125 USD. If Australian dollar drops below the support levels at 0.702 - 0.702 USD, it will try to find next support at 0.6994 - 0.6994 USD. In case of breaking down, the downward trend will continue to 0.6968 - 0.6968 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.42 JPY to 105.4920 JPY. This morning the currency pair is trading at 105.48 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.7 - 105.72 JPY, the aim will be reaching and testing the zone 105.93 - 105.94 JPY. If it is successful, the upward trend will continue to 106.13 - 106.14 JPY. If USD drops below the support levels at 105.29 - 105.28 JPY, it will try to find next support at 105.1 - 105.09 JPY. In case of breaking down, the downward trend will continue to 104.87 - 104.86 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2936 USD to 1.2946 USD. This morning the currency pair is trading at 1.2949 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2979 - 1.298 USD, the aim will be reaching and testing the zone 1.3013 - 1.3013 USD. If it is successful, the upward trend will continue to 1.3047 - 1.3048 USD. If GBP drops below the support levels at 1.2912 - 1.2911 USD, it will try to find next support at 1.2877 - 1.2877 USD. In case of breaking down, the downward trend will continue to 1.2844 - 1.2843 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9096 CHF to 0.9070 CHF. This morning the currency pair is trading at 0.9067 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9097 - 0.9101 CHF, the aim will be reaching and testing the zone 0.9131 - 0.9133 CHF. If it is successful, the upward trend will continue to 0.9152 - 0.9156 CHF. If USD drops below the support levels at 0.9046 - 0.9042 CHF, it will try to find next support at 0.9023 - 0.9021 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 1.1768 USD to 1.1821 USD. This morning the currency pair is trading at 1.1827 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1856 - 1.1864 USD, the aim will be reaching and testing the zone 1.1891 - 1.1895 USD. If it is successful, the trend will continue to 1.1941 - 1.1949 USD. If euro drops below the support levels at 1.1778 - 1.177 USD, it will try to find next support at 1.1724 - 1.172 USD. In case of breaking down, the downward trend will continue to 1.1693 - 1.1685 USD.

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