Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12665.9 to 12586.7 points. This morning the index is traded at 12556.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12829.4 - 12836.7 points, the aim will be reaching and testing the zone 13083.1 - 13086.8. If it is successful, the upward trend will continue to 13314.7 - 13322 points. If the DAX drops below the support levels at 12351.4 - 12344.1, it will try to find next support at 12116.2 - 12112.5. In case of breaking down, the downward trend will continue to 11866.1 - 11858.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.98 USD to 17.91 USD. This morning it is trading at 17.91 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.12 - 18.15 USD, the aim will be reaching and testing the zone 18.37 - 18.38 USD. If it is successful, the upward trend will continue to 18.53 - 18.56 USD. If the precious metal drops below the support levels at 17.73 - 17.7 USD, it will try to find next support at 17.55 - 17.54 USD. In case of breaking down, the downward trend will continue to 17.32 - 17.29 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1634.86 USD to 1640.59 USD. This morning it is trading at 1643.48 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1655.41 - 1655.65 USD, the aim will be reaching and testing the zone 1670.23 - 1670.35 USD. If it is successful, the upward trend will continue to 1685.53 - 1685.77 USD. If the precious metal drops below the support levels at 1625.53 - 1625.29 USD, it will try to find next support at 1610.11 - 1609.99 USD. In case of breaking down, the downward trend will continue to 1595.41 - 1595.17 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the March Crude Oil futures lowered their value from 50.07 USD to 48.63 USD per barrel. This morning they are trading at 48.40 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 49.69 - 49.93 USD, the aim will be reaching and testing the zone 51.12 - 51.24 USD. If it is successful, the upward trend will continue to 51.82 - 52.06 USD. If the Crude Oil futures drop below the support levels at 47.8 - 47.56 USD, they will try to find next support at 46.98 - 46.86 USD. In case of breaking down, the downward trend will continue to 45.67 - 45.43 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3277 CAD to 1.3331 CAD. This morning the currency pair is trading at 1.3343 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3354 - 1.3363 CAD, the aim will be reaching and testing the zone 1.3376 - 1.3381 CAD. If it is successful, the upward trend will continue to 1.3418 - 1.3427 CAD. If USD drops below the support levels at 1.3299 - 1.3289 CAD, it will try to find next support at 1.3253 - 1.3248 CAD. In case of breaking down, the downward trend will continue to 1.3235 - 1.3225 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6600 USD to 0.6543 USD. This morning the currency pair is trading at 0.6546 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6576 - 0.6586 USD, the aim will be reaching and testing the zone 0.6624 - 0.6629 USD. If it is successful, the upward trend will continue to 0.6641 - 0.6651 USD. If Australian dollar drops below the support levels at 0.6521 - 0.6511 USD, it will try to find next support at 0.6499 - 0.6494 USD. In case of breaking down, the downward trend will continue to 0.6456 - 0.6446 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.20 JPY to 110.4110 JPY. This morning the currency pair is trading at 110.38 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.7 - 110.7 JPY, the aim will be reaching and testing the zone 110.99 - 110.99 JPY. If it is successful, the upward trend will continue to 111.27 - 111.27 JPY. If USD drops below the support levels at 110.12 - 110.12 JPY, it will try to find next support at 109.84 - 109.84 JPY. In case of breaking down, the downward trend will continue to 109.55 - 109.55 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3005 USD to 1.2899 USD. This morning the currency pair is trading at 1.2906 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2956 - 1.2973 USD, the aim will be reaching and testing the zone 1.3039 - 1.3047 USD. If it is successful, the upward trend will continue to 1.307 - 1.3087 USD. If GBP drops below the support levels at 1.2859 - 1.2841 USD, it will try to find next support at 1.2819 - 1.281 USD. In case of breaking down, the downward trend will continue to 1.2744 - 1.2727 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9759 CHF to 0.9765 CHF. This morning the currency pair is trading at 0.9764 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9786 - 0.979 CHF, the aim will be reaching and testing the zone 0.9807 - 0.9809 CHF. If it is successful, the upward trend will continue to 0.9836 - 0.984 CHF. If USD drops below the support levels at 0.974 - 0.9736 CHF, it will try to find next support at 0.9709 - 0.9707 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 1.0881 USD to 1.0880 USD. This morning the currency pair is trading at 1.0885 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0907 - 1.0908 USD, the aim will be reaching and testing the zone 1.0935 - 1.0935 USD. If it is successful, the trend will continue to 1.0961 - 1.0961 USD. If euro drops below the support levels at 1.0854 - 1.0853 USD, it will try to find next support at 1.0827 - 1.0827 USD. In case of breaking down, the downward trend will continue to 1.08 - 1.08 USD.

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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.