Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12236.4 to 12121.7 points. This morning the index is traded at 12143.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12207.4 - 12235.5 points, the aim will be reaching and testing the zone 12335.3 - 12349.4. If it is successful, the upward trend will continue to 12378.7 - 12406.8 points. If the DAX drops below the support levels at 12064.2 - 12036.1, it will try to find next support at 12006.8 - 11992.7. In case of breaking down, the downward trend will continue to 11892.9 - 11864.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.11 USD to 17.02 USD. This morning it is trading at 16.98 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.12 - 17.13 USD, the aim will be reaching and testing the zone 17.24 - 17.25 USD. If it is successful, the upward trend will continue to 17.32 - 17.33 USD. If the precious metal drops below the support levels at 16.94 - 16.92 USD, it will try to find next support at 16.85 - 16.84 USD. In case of breaking down, the downward trend will continue to 16.74 - 16.72 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1283.50 USD to 1287.76 USD. This morning it is trading at 1287.14 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1291.37 - 1292.03 USD, the aim will be reaching and testing the zone 1294.99 - 1295.31 USD. If it is successful, the upward trend will continue to 1299.90- 1300.56 USD. If the precious metal drops below the support levels at 1283.50 - 1282.84 USD, it will try to find next support at 1278.25 - 1277.93 USD. In case of breaking down, the downward trend will continue to 1274.97 - 1274.31 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures raised their value from 46.95 USD to 47.05 USD per barrel. This morning they are trading at 47.17 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 47.37 - 47.41 USD, the aim will be reaching and testing the zone 47.70 - 47.71 USD. If it is successful, the upward trend will continue to 48.08 - 48.12 USD. If the Crude Oil futures drop below the support levels at 46.70 - 46.66 USD, they will try to find next support at 46.29 - 46.28 USD. In case of breaking down, the downward trend will continue to 45.99 - 45.95 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2614 CAD to 1.2680 CAD. This morning the currency pair is trading at 1.2670 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2713 - 1.2727 CAD, the aim will be reaching and testing the zone 1.2746 - 1.2753 CAD. If it is successful, the upward trend will continue to 1.2808 - 1.2823 CAD. If USD drops below the support levels at 1.2632 - 1.2617 CAD, it will try to find next support at 1.2562 - 1.2555 CAD. In case of breaking down, the downward trend will continue to 1.2536 - 1.2522 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7922 USD to 0.7883 USD. This morning the currency pair is trading at 0.7892 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7924 - 0.7937 USD, the aim will be reaching and testing the zone 0.7985 - 0.7991 USD. If it is successful, the upward trend will continue to 0.8007 - 0.8020 USD. If Australian dollar drops below the support levels at 0.7854 - 0.7841 USD, it will try to find next support at 0.7825 - 0.7819 USD. In case of breaking down, the downward trend will continue to 0.7771 - 0.7758 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.18 JPY to 109.55 JPY. This morning the currency pair is trading at 109.35 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.01 - 110.13 JPY, the aim will be reaching and testing the zone 110.65 - 110.71 JPY. If it is successful, the upward trend will continue to 110.94 - 111.06 JPY. If USD drops below the support levels at 109.21 - 109.09 JPY, it will try to find next support at 108.86 - 108.80 JPY. In case of breaking down, the downward trend will continue to 108.28 - 108.16 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2886 USD to 1.2866 USD. This morning the currency pair is trading at 1.2886 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2894 - 1.2899 USD, the aim will be reaching and testing the zone 1.2930 - 1.2932 USD. If it is successful, the upward trend will continue to 1.2951 - 1.2955 USD. If GBP drops below the support levels at 1.2843 - 1.2838 USD, it will try to find next support at 1.2819 - 1.2817 USD. In case of breaking down, the downward trend will continue to 1.2786 - 1.2782 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9654 CHF to 0.9628 CHF. This morning the currency pair is trading at 0.9623 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9675 - 0.9682 CHF, the aim will be reaching and testing the zone 0.9733 - 0.9736 CHF. If it is successful, the upward trend will continue to 0.9768 - 0.9775 CHF. If USD drops below the support levels at 0.9589 - 0.9581 CHF, it will try to find next support at 0.9550 - 0.9546 CHF. In case of breaking down, the downward trend will continue to 0.9496 - 0.9488 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1765 USD to 1.1722 USD. This morning the currency pair is trading at 1.1729 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1785 - 1.1787 USD, the aim will be reaching and testing the zone 1.1851 - 1.1852 USD. If it is successful, the trend will continue to 1.1913 - 1.1914 USD. If euro drops below the support levels at 1.1659 - 1.1658 USD, it will try to find next support at 1.1597 - 1.1596 USD. In case of breaking down, the downward trend will continue to 1.1531 - 1.1530 USD.

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