Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12409.9 to 12386.0 points. This morning the index is traded at 12382.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12433.9 - 12443.1 points, the aim will be reaching and testing the zone 12481.7 - 12486.4. If it is successful, the upward trend will continue to 12548.1 - 12557.3 points. If the DAX drops below the support levels at 12328.9 - 12319.7, it will try to find next support at 12258 - 12253.3. In case of breaking down, the downward trend will continue to 12214.7 - 12205.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.84 USD to 18.00 USD. This morning it is trading at 18.00 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.14 - 18.17 USD, the aim will be reaching and testing the zone 18.28 - 18.29 USD. If it is successful, the upward trend will continue to 18.48 - 18.51 USD. If the precious metal drops below the support levels at 17.84 - 17.8 USD, it will try to find next support at 17.62 - 17.61 USD. In case of breaking down, the downward trend will continue to 17.5 - 17.47 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1498.07 USD to 1501.19 USD. This morning it is trading at 1501.09 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1507.66 - 1508 USD, the aim will be reaching and testing the zone 1514.14 - 1514.31 USD. If it is successful, the upward trend will continue to 1521.28 - 1521.62 USD. If the precious metal drops below the support levels at 1494.38 - 1494.04 USD, it will try to find next support at 1487.07 - 1486.9 USD. In case of breaking down, the downward trend will continue to 1480.76 - 1480.42 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 61.63 USD to 58.58 USD per barrel. This morning they are trading at 58.65 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.63 - 61.2 USD, the aim will be reaching and testing the zone 63.54 - 63.83 USD. If it is successful, the upward trend will continue to 64.73 - 65.3 USD. If the Crude Oil futures drop below the support levels at 57.1 - 56.53 USD, they will try to find next support at 55.63 - 55.34 USD. In case of breaking down, the downward trend will continue to 53 - 52.43 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3238 CAD to 1.3240 CAD. This morning the currency pair is trading at 1.3245 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3273 - 1.3282 CAD, the aim will be reaching and testing the zone 1.3319 - 1.3323 CAD. If it is successful, the upward trend will continue to 1.3339 - 1.3348 CAD. If USD drops below the support levels at 1.3215 - 1.3207 CAD, it will try to find next support at 1.3191 - 1.3186 CAD. In case of breaking down, the downward trend will continue to 1.3149 - 1.3141 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6863 USD to 0.6864 USD. This morning the currency pair is trading at 0.6864 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6879 - 0.6884 USD, the aim will be reaching and testing the zone 0.6894 - 0.6897 USD. If it is successful, the upward trend will continue to 0.6919 - 0.6924 USD. If Australian dollar drops below the support levels at 0.6845 - 0.684 USD, it will try to find next support at 0.6817 - 0.6815 USD. In case of breaking down, the downward trend will continue to 0.6805 - 0.68 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.07 JPY to 108.1080 JPY. This morning the currency pair is trading at 108.11 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.28 - 108.31 JPY, the aim will be reaching and testing the zone 108.5 - 108.51 JPY. If it is successful, the upward trend will continue to 108.63 - 108.66 JPY. If USD drops below the support levels at 107.96 - 107.93 JPY, it will try to find next support at 107.81 - 107.8 JPY. In case of breaking down, the downward trend will continue to 107.61 - 107.58 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2424 USD to 1.2495 USD. This morning the currency pair is trading at 1.2500 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.255 - 1.2562 USD, the aim will be reaching and testing the zone 1.2605 - 1.2611 USD. If it is successful, the upward trend will continue to 1.2685 - 1.2697 USD. If GBP drops below the support levels at 1.2428 - 1.2416 USD, it will try to find next support at 1.2343 - 1.2337 USD. In case of breaking down, the downward trend will continue to 1.2294 - 1.2281 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9920 CHF to 0.9929 CHF. This morning the currency pair is trading at 0.9928 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9957 - 0.996 CHF, the aim will be reaching and testing the zone 0.999 - 0.9991 CHF. If it is successful, the upward trend will continue to 1.0012 - 1.0015 CHF. If USD drops below the support levels at 0.9905 - 0.9901 CHF, it will try to find next support at 0.9881 - 0.9879 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 1.1000 USD to 1.1071 USD. This morning the currency pair is trading at 1.1071 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.11 - 1.1113 USD, the aim will be reaching and testing the zone 1.1129 - 1.1136 USD. If it is successful, the trend will continue to 1.1185 - 1.1198 USD. If euro drops below the support levels at 1.1029 - 1.1016 USD, it will try to find next support at 1.0967 - 1.0961 USD. In case of breaking down, the downward trend will continue to 1.0944 - 1.0931 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. 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.