Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11582.7 to 11591.3 points. This morning the index is traded at 11578.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11660.4 - 11674.8 points, the aim will be reaching and testing the zone 11729.5 - 11736.7. If it is successful, the upward trend will continue to 11827.3 - 11841.7 points. If the DAX drops below the support levels at 11507.9 - 11493.5, it will try to find next support at 11402.9 - 11395.7. In case of breaking down, the downward trend will continue to 11341 - 11326.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.45 USD to 15.44 USD. This morning it is trading at 15.43 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.57 - 15.59 USD, the aim will be reaching and testing the zone 15.72 - 15.73 USD. If it is successful, the upward trend will continue to 15.83 - 15.84 USD. If the precious metal drops below the support levels at 15.33 - 15.32 USD, it will try to find next support at 15.21 - 15.21 USD. In case of breaking down, the downward trend will continue to 15.07 - 15.06 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1312.91 USD to 1308.99 USD. This morning it is trading at 1308.45 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1317.54 - 1318.44 USD, the aim will be reaching and testing the zone 1327.44 - 1327.89 USD. If it is successful, the upward trend will continue to 1334.63 - 1335.53 USD. If the precious metal drops below the support levels at 1301.35 - 1300.45 USD, it will try to find next support at 1293.71 - 1293.26 USD. In case of breaking down, the downward trend will continue to 1284.26 - 1283.36 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures lowered their value from 59.97 USD to 59.85 USD per barrel. This morning they are trading at 59.91 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.21 - 60.26 USD, the aim will be reaching and testing the zone 60.65 - 60.68 USD. If it is successful, the upward trend will continue to 60.94 - 60.99 USD. If the Crude Oil futures drop below the support levels at 59.54 - 59.49 USD, they will try to find next support at 59.23 - 59.2 USD. In case of breaking down, the downward trend will continue to 58.81 - 58.76 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3295 CAD to 1.3361 CAD. This morning the currency pair is trading at 1.3369 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3415 - 1.3423 CAD, the aim will be reaching and testing the zone 1.3469 - 1.3473 CAD. If it is successful, the upward trend will continue to 1.354 - 1.3548 CAD. If USD drops below the support levels at 1.3299 - 1.329 CAD, it will try to find next support at 1.3224 - 1.322 CAD. In case of breaking down, the downward trend will continue to 1.3174 - 1.3166 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7126 USD to 0.7110 USD. This morning the currency pair is trading at 0.7106 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7149 - 0.7155 USD, the aim will be reaching and testing the zone 0.7197 - 0.72 USD. If it is successful, the upward trend will continue to 0.7227 - 0.7233 USD. If Australian dollar drops below the support levels at 0.7077 - 0.7071 USD, it will try to find next support at 0.7044 - 0.7041 USD. In case of breaking down, the downward trend will continue to 0.6999 - 0.6993 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.62 JPY to 110.8460 JPY. This morning the currency pair is trading at 110.81 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.1 - 111.18 JPY, the aim will be reaching and testing the zone 111.36 - 111.4 JPY. If it is successful, the upward trend will continue to 111.77 - 111.85 JPY. If USD drops below the support levels at 110.51 - 110.44 JPY, it will try to find next support at 110.07 - 110.03 JPY. In case of breaking down, the downward trend will continue to 109.85 - 109.77 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3192 USD to 1.3110 USD. This morning the currency pair is trading at 1.3129 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3222 - 1.3223 USD, the aim will be reaching and testing the zone 1.3335 - 1.3336 USD. If it is successful, the upward trend will continue to 1.3445 - 1.3446 USD. If GBP drops below the support levels at 1.3 - 1.2998 USD, it will try to find next support at 1.289 - 1.2889 USD. In case of breaking down, the downward trend will continue to 1.2777 - 1.2775 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9910 CHF to 0.9917 CHF. This morning the currency pair is trading at 0.9919 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9938 - 0.994 CHF, the aim will be reaching and testing the zone 0.9963 - 0.9964 CHF. If it is successful, the upward trend will continue to 0.998 - 0.9983 CHF. If USD drops below the support levels at 0.9898 - 0.9895 CHF, it will try to find next support at 0.9879 - 0.9878 CHF. In case of breaking down, the downward trend will continue to 0.9855 - 0.9853 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1424 USD to 1.1373 USD. This morning the currency pair is trading at 1.1374 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.142 - 1.1426 USD, the aim will be reaching and testing the zone 1.1476 - 1.1479 USD. If it is successful, the trend will continue to 1.1515 - 1.152 USD. If euro drops below the support levels at 1.1331 - 1.1325 USD, it will try to find next support at 1.1289 - 1.1286 USD. In case of breaking down, the downward trend will continue to 1.1236 - 1.123 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.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% 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.
80% 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. 80% 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.
80% 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.