Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13245.4 to 13210.7 points. This morning the index is traded at 13197.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13257.1 - 13262.8 points, the aim will be reaching and testing the zone 13303.6 - 13306.4. If it is successful, the upward trend will continue to 13361.2 - 13366.9 points. If the DAX drops below the support levels at 13158.7 - 13153, it will try to find next support at 13098.2 - 13095.4. In case of breaking down, the downward trend will continue to 13054.6 - 13048.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.82 USD to 16.85 USD. This morning it is trading at 16.88 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.96 - 16.98 USD, the aim will be reaching and testing the zone 17.08 - 17.09 USD. If it is successful, the upward trend will continue to 17.24 - 17.25 USD. If the precious metal drops below the support levels at 16.71 - 16.69 USD, it will try to find next support at 16.55 - 16.54 USD. In case of breaking down, the downward trend will continue to 16.44 - 16.42 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1458.92 USD to 1455.42 USD. This morning it is trading at 1456.63 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1464.58 - 1465.18 USD, the aim will be reaching and testing the zone 1474.63 - 1474.93 USD. If it is successful, the upward trend will continue to 1482.89 - 1483.49 USD. If the precious metal drops below the support levels at 1446.87 - 1446.27 USD, it will try to find next support at 1438.31 - 1438.01 USD. In case of breaking down, the downward trend will continue to 1428.56 - 1427.96 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 57.27 USD to 56.80 USD per barrel. This morning they are trading at 56.80 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.33 - 57.34 USD, the aim will be reaching and testing the zone 57.86 - 57.87 USD. If it is successful, the upward trend will continue to 58.41 - 58.42 USD. If the Crude Oil futures drop below the support levels at 56.26 - 56.25 USD, they will try to find next support at 55.71 - 55.7 USD. In case of breaking down, the downward trend will continue to 55.18 - 55.17 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3219 CAD to 1.3231 CAD. This morning the currency pair is trading at 1.3240 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.324 - 1.3242 CAD, the aim will be reaching and testing the zone 1.3248 - 1.3249 CAD. If it is successful, the upward trend will continue to 1.3262 - 1.3265 CAD. If USD drops below the support levels at 1.322 - 1.3217 CAD, it will try to find next support at 1.3205 - 1.3204 CAD. In case of breaking down, the downward trend will continue to 1.3198 - 1.3195 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6856 USD to 0.6850 USD. This morning the currency pair is trading at 0.6850 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6859 - 0.6861 USD, the aim will be reaching and testing the zone 0.6871 - 0.6872 USD. If it is successful, the upward trend will continue to 0.6878 - 0.688 USD. If Australian dollar drops below the support levels at 0.6842 - 0.684 USD, it will try to find next support at 0.6835 - 0.6834 USD. In case of breaking down, the downward trend will continue to 0.6823 - 0.6821 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.20 JPY to 109.0320 JPY. This morning the currency pair is trading at 109.13 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.21 - 109.22 JPY, the aim will be reaching and testing the zone 109.41 - 109.42 JPY. If it is successful, the upward trend will continue to 109.57 - 109.58 JPY. If USD drops below the support levels at 108.87 - 108.85 JPY, it will try to find next support at 108.7 - 108.7 JPY. In case of breaking down, the downward trend will continue to 108.51 - 108.5 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2793 USD to 1.2851 USD. This morning the currency pair is trading at 1.2859 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2904 - 1.2907 USD, the aim will be reaching and testing the zone 1.2957 - 1.2959 USD. If it is successful, the upward trend will continue to 1.3017 - 1.302 USD. If GBP drops below the support levels at 1.2794 - 1.2791 USD, it will try to find next support at 1.2733 - 1.2731 USD. In case of breaking down, the downward trend will continue to 1.2681 - 1.2678 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9962 CHF to 0.9932 CHF. This morning the currency pair is trading at 0.9934 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9956 - 0.9963 CHF, the aim will be reaching and testing the zone 0.999 - 0.9994 CHF. If it is successful, the upward trend will continue to 1.0004 - 1.0011 CHF. If USD drops below the support levels at 0.9915 - 0.9908 CHF, it will try to find next support at 0.9898 - 0.9894 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 1.1022 USD to 1.1032 USD. This morning the currency pair is trading at 1.1032 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1044 - 1.1045 USD, the aim will be reaching and testing the zone 1.1057 - 1.1057 USD. If it is successful, the trend will continue to 1.1071 - 1.1072 USD. If euro drops below the support levels at 1.1018 - 1.1018 USD, it will try to find next support at 1.1004 - 1.1003 USD. In case of breaking down, the downward trend will continue to 1.0992 - 1.0991 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.