Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX lowered its value from 12421.0 to 12398.3 points. This morning the index is traded at 12445.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12443.2 - 12458.1 points, the aim will be reaching and testing the zone 12510.4 - 12517.9. If it is successful, the upward trend will continue to 12532.9 - 12547.8 points. If the DAX drops below the support levels at 12368.4 - 12353.5, it will try to find next support at 12338.5 - 12331. In case of breaking down, the downward trend will continue to 12278.7 - 12263.8 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 17.79 USD to 17.98 USD. This morning it is trading at 17.95 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.06 - 18.1 USD, the aim will be reaching and testing the zone 18.14 - 18.16 USD. If it is successful, the upward trend will continue to 18.3 - 18.34 USD. If the precious metal drops below the support levels at 17.86 - 17.82 USD, it will try to find next support at 17.68 - 17.66 USD. In case of breaking down, the downward trend will continue to 17.61 - 17.57 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold raised its value from 1499.12 USD to 1516.26 USD. This morning it is trading at 1513.52 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1522.84 - 1525.79 USD, the aim will be reaching and testing the zone 1529.43 - 1530.9 USD. If it is successful, the upward trend will continue to 1541.9 - 1544.85 USD. If the precious metal drops below the support levels at 1506.73 - 1503.78 USD, it will try to find next support at 1492.78 - 1491.31 USD. In case of breaking down, the downward trend will continue to 1487.67 - 1484.72 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the November Crude Oil futures lowered their value from 58.66 USD to 58.37 USD per barrel. This morning they are trading at 58.72 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 59.02 - 59.09 USD, the aim will be reaching and testing the zone 59.77 - 59.8 USD. If it is successful, the upward trend will continue to 60.33 - 60.39 USD. If the Crude Oil futures drop below the support levels at 57.78 - 57.72 USD, they will try to find next support at 57.19 - 57.16 USD. In case of breaking down, the downward trend will continue to 56.47 - 56.41 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3260 CAD to 1.3259 CAD. This morning the currency pair is trading at 1.3269 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3283 - 1.3288 CAD, the aim will be reaching and testing the zone 1.3315 - 1.3318 CAD. If it is successful, the upward trend will continue to 1.3331 - 1.3337 CAD. If USD drops below the support levels at 1.324 - 1.3235 CAD, it will try to find next support at 1.3222 - 1.3219 CAD. In case of breaking down, the downward trend will continue to 1.3192 - 1.3186 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar lowered its value from 0.6790 USD to 0.6764 USD. This morning the currency pair is trading at 0.6770 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6788 - 0.6795 USD, the aim will be reaching and testing the zone 0.6823 - 0.6826 USD. If it is successful, the upward trend will continue to 0.6837 - 0.6844 USD. If Australian dollar drops below the support levels at 0.6746 - 0.6739 USD, it will try to find next support at 0.6728 - 0.6725 USD. In case of breaking down, the downward trend will continue to 0.6697 - 0.6691 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 108.00 JPY to 107.5370 JPY. This morning the currency pair is trading at 107.68 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.82 - 107.91 JPY, the aim will be reaching and testing the zone 108.23 - 108.27 JPY. If it is successful, the upward trend will continue to 108.38 - 108.47 JPY. If USD drops below the support levels at 107.35 - 107.26 JPY, it will try to find next support at 107.15 - 107.11 JPY. In case of breaking down, the downward trend will continue to 106.79 - 106.7 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound lowered its value from 1.2518 USD to 1.2470 USD. This morning the currency pair is trading at 1.2472 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2532 - 1.2548 USD, the aim will be reaching and testing the zone 1.2618 - 1.2626 USD. If it is successful, the upward trend will continue to 1.2654 - 1.2671 USD. If GBP drops below the support levels at 1.2425 - 1.2409 USD, it will try to find next support at 1.2381 - 1.2372 USD. In case of breaking down, the downward trend will continue to 1.2303 - 1.2286 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 0.9921 CHF to 0.9907 CHF. This morning the currency pair is trading at 0.9913 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.993 - 0.9932 CHF, the aim will be reaching and testing the zone 0.9956 - 0.9957 CHF. If it is successful, the upward trend will continue to 0.9977 - 0.9978 CHF. If USD drops below the support levels at 0.9885 - 0.9884 CHF, it will try to find next support at 0.9864 - 0.9863 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 on Friday, the euro lowered its value from 1.1040 USD to 1.1015 USD. This morning the currency pair is trading at 1.1017 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1051 - 1.1056 USD, the aim will be reaching and testing the zone 1.1095 - 1.1098 USD. If it is successful, the trend will continue to 1.1122 - 1.1128 USD. If euro drops below the support levels at 1.0985 - 1.098 USD, it will try to find next support at 1.0955 - 1.0952 USD. In case of breaking down, the downward trend will continue to 1.0914 - 1.0908 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.