Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11237.8 to 11148.8 points. This morning the index is traded at 11072.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11208.6 - 11220.2 points, the aim will be reaching and testing the zone 11285.8 - 11291.6. If it is successful, the upward trend will continue to 11328.1 - 11339.7 points. If the DAX drops below the support levels at 11100.7 - 11089.1, it will try to find next support at 11052.6 - 11046.8. In case of breaking down, the downward trend will continue to 10981.2 - 10969.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.31 USD to 15.26 USD. This morning it is trading at 15.20 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.34 - 15.35 USD, the aim will be reaching and testing the zone 15.40 - 15.41 USD. If it is successful, the upward trend will continue to 15.5 - 15.52 USD. If the precious metal drops below the support levels at 15.20 - 15.18 USD, it will try to find next support at 15.10- 15.09 USD. In case of breaking down, the downward trend will continue to 15.02 - 15.01 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1281.38 USD to 1280.11 USD. This morning it is trading at 1279.10 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1283.43 - 1283.45 USD, the aim will be reaching and testing the zone 1286.74 - 1286.76 USD. If it is successful, the upward trend will continue to 1290.11 - 1290.13 USD. If the precious metal drops below the support levels at 1276.77 - 1276.75 USD, it will try to find next support at 1273.4 - 1273.38 USD. In case of breaking down, the downward trend will continue to 1270.09 - 1270.07 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures raised their value from 53.98 USD to 54.18 USD per barrel. This morning they are trading at 53.70 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.59 - 54.65 USD, the aim will be reaching and testing the zone 55.00 - 55.03 USD. If it is successful, the upward trend will continue to 55.53 - 55.59 USD. If the Crude Oil futures drop below the support levels at 53.71 - 53.65 USD, they will try to find next support at 53.16 - 53.13 USD. In case of breaking down, the downward trend will continue to 52.78 - 52.72 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3260 CAD to 1.3293 CAD. This morning the currency pair is trading at 1.3330 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3323 - 1.3326 CAD, the aim will be reaching and testing the zone 1.3354 - 1.3355 CAD. If it is successful, the upward trend will continue to 1.339 - 1.3393 CAD. If USD drops below the support levels at 1.3259 - 1.3256 CAD, it will try to find next support at 1.3221 - 1.322 CAD. In case of breaking down, the downward trend will continue to 1.3193 - 1.319 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7164 USD to 0.7157 USD. This morning the currency pair is trading at 0.7130 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7178 - 0.7179 USD, the aim will be reaching and testing the zone 0.72 - 0.7202 USD. If it is successful, the upward trend will continue to 0.7219 - 0.722 USD. If Australian dollar drops below the support levels at 0.7137 - 0.7136 USD, it will try to find next support at 0.7117 - 0.7116 USD. In case of breaking down, the downward trend will continue to 0.7095 - 0.7094 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.70 JPY to 109.64 JPY. This morning the currency pair is trading at 109.42 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.78 - 109.8 JPY, the aim will be reaching and testing the zone 109.92 - 109.92 JPY. If it is successful, the upward trend will continue to 110.08 - 110.09 JPY. If USD drops below the support levels at 109.5 - 109.49 JPY, it will try to find next support at 109.33 - 109.33 JPY. In case of breaking down, the downward trend will continue to 109.21 - 109.19 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2878 USD to 1.2890 USD. This morning the currency pair is trading at 1.2871 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2924 - 1.293 USD, the aim will be reaching and testing the zone 1.2957 - 1.296 USD. If it is successful, the upward trend will continue to 1.3004 - 1.3011 USD. If GBP drops below the support levels at 1.285 - 1.2843 USD, it will try to find next support at 1.28 - 1.2797 USD. In case of breaking down, the downward trend will continue to 1.277 - 1.2763 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9947 CHF to 0.9970 CHF. This morning the currency pair is trading at 0.9978 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.999 - 0.9992 CHF, the aim will be reaching and testing the zone 1.001 - 1.0011 CHF. If it is successful, the upward trend will continue to 1.0033 - 1.0035 CHF. If USD drops below the support levels at 0.9949 - 0.9947 CHF, it will try to find next support at 0.9925 - 0.9924 CHF. In case of breaking down, the downward trend will continue to 0.9905 - 0.9904 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1359 USD to 1.1365 USD. This morning the currency pair is trading at 1.1350 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1382 - 1.1385 USD, the aim will be reaching and testing the zone 1.1403 - 1.1405 USD. If it is successful, the trend will continue to 1.1416 - 1.1419 USD. If euro drops below the support levels at 1.1351 - 1.1348 USD, it will try to find next support at 1.1336 - 1.1335 USD. In case of breaking down, the downward trend will continue to 1.1316 - 1.1313 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.