Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12052.5 to 12172.1 points. This morning the index is traded at 12178.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12241.6 - 12269.9 points, the aim will be reaching and testing the zone 12311.1 - 12325.3. If it is successful, the upward trend will continue to 12437.2 - 12465.5 points. If the DAX drops below the support levels at 12074.3 - 12046.1, it will try to find next support at 11934.1 - 11919.9. In case of breaking down, the downward trend will continue to 11878.7 - 11850.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.16 USD to 14.11 USD. This morning it is trading at 14.16 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.19 - 14.21 USD, the aim will be reaching and testing the zone 14.28 - 14.30 USD. If it is successful, the upward trend will continue to 14.35 - 14.36 USD. If the precious metal drops below the support levels at 14.03 - 14.01 USD, it will try to find next support at 13.96 - 13.94 USD. In case of breaking down, the downward trend will continue to 13.87 - 13.86 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1201.56 USD to 1197.98 USD. This morning it is trading at 1201.22 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1201.82 - 1202.36 USD, the aim will be reaching and testing the zone 1206.47 - 1206.74 USD. If it is successful, the upward trend will continue to 1209.51 - 1210.04 USD. If the precious metal drops below the support levels at 1194.68 - 1194.14 USD, it will try to find next support at 1191.38 - 1191.11 USD. In case of breaking down, the downward trend will continue to 1187.01 - 1186.46 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 68.56 USD to 69.43 USD per barrel. This morning they are trading at 69.56 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 70.29 - 70.37 USD, the aim will be reaching and testing the zone 71.15 - 71.19 USD. If it is successful, the upward trend will continue to 72.16 - 72.24 USD. If the Crude Oil futures drop below the support levels at 68.51 - 68.42 USD, they will try to find next support at 67.45 - 67.41 USD. In case of breaking down, the downward trend will continue to 66.63 - 66.55 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3041 CAD to 1.2970 CAD. This morning the currency pair is trading at 1.2969 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3017 - 1.3032 CAD, the aim will be reaching and testing the zone 1.3087 - 1.3094 CAD. If it is successful, the upward trend will continue to 1.3110 - 1.3125 CAD. If USD drops below the support levels at 1.2939 - 1.2924 CAD, it will try to find next support at 1.2908 - 1.2901 CAD. In case of breaking down, the downward trend will continue to 1.2846 - 1.2831 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7179 USD to 0.7218 USD. This morning the currency pair is trading at 0.7237 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7246 - 0.7257 USD, the aim will be reaching and testing the zone 0.7274 - 0.7281 USD. If it is successful, the upward trend will continue to 0.7325 - 0.7337 USD. If Australian dollar drops below the support levels at 0.7178 - 0.7167 USD, it will try to find next support at 0.7121 - 0.7116 USD. In case of breaking down, the downward trend will continue to 0.7099 - 0.7087 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 111.84 JPY to 112.34 JPY. This morning the currency pair is trading at 112.36 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.60 - 112.71 JPY, the aim will be reaching and testing the zone 112.86 - 112.91 JPY. If it is successful, the upward trend will continue to 113.33 - 113.44 JPY. If USD drops below the support levels at 111.98 - 111.87 JPY, it will try to find next support at 111.45 - 111.41 JPY. In case of breaking down, the downward trend will continue to 111.25 - 111.14 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3157 USD to 1.3147 USD. This morning the currency pair is trading at 1.3148 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3173 - 1.3174 USD, the aim will be reaching and testing the zone 1.3199 - 1.3201 USD. If it is successful, the upward trend will continue to 1.3227 - 1.3227 USD. If GBP drops below the support levels at 1.3121 - 1.3119 USD, it will try to find next support at 1.3092 - 1.3092 USD. In case of breaking down, the downward trend will continue to 1.3066 - 1.3065 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9623 CHF to 0.9644 CHF. This morning the currency pair is trading at 0.9644 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9666 - 0.9672 CHF, the aim will be reaching and testing the zone 0.9689 - 0.9691 CHF. If it is successful, the upward trend will continue to 0.9722 - 0.9728 CHF. If USD drops below the support levels at 0.9616 - 0.9611 CHF, it will try to find next support at 0.9581 - 0.9577 CHF. In case of breaking down, the downward trend will continue to 0.9561 - 0.9555 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1681 USD to 1.1664 USD. This morning the currency pair is trading at 1.1671 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1701 - 1.1708 USD, the aim will be reaching and testing the zone 1.1748 - 1.1752 USD. If it is successful, the trend will continue to 1.1772 - 1.1781 USD. If euro drops below the support levels at 1.1635 - 1.1627 USD, it will try to find next support at 1.1607 - 1.1603 USD. In case of breaking down, the downward trend will continue to 1.1563 - 1.1555 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 accepts no responsibility 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 his or her own risk. Please be advised that trading CFDs involves a significant risk of loss.

Don't have an account yet?

Trading may not be suitable for everyone and can result in the loss of all your invested capital.

Icons/ic_chatCreated with Sketch.
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.
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.