Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13046.3 to 12997.0 points. This morning the index is traded at 13027.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13061.3 - 13067.9 points, the aim will be reaching and testing the zone 13125.5 - 13128.4. If it is successful, the upward trend will continue to 13201.3 - 13207.2 points. If the DAX drops below the support levels at 12927.0 - 12921.3, it will try to find next support at 12848.4 - 12845.5. In case of breaking down, the downward trend will continue to 12787.1 - 12781.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.99 USD to 17.23 USD. This morning it is trading at 17.16 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.37 - 17.42 USD, the aim will be reaching and testing the zone 17.51 - 17.53 USD. If it is successful, the upward trend will continue to 17.74 - 17.79 USD. If the precious metal drops below the support levels at 17.05 - 17.01 USD, it will try to find next support at 16.79 - 16.76 USD. In case of breaking down, the downward trend will continue to 16.67 - 16.63 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1280.85 USD to 1289.74 USD. This morning it is trading at 1283.48 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1294.53 - 1296.64 USD, the aim will be reaching and testing the zone 1299.33 - 1300.38 USD. If it is successful, the upward trend will continue to 1308.33 - 1310.44 USD. If the precious metal drops below the support levels at 1282.84 - 1280.73 USD, it will try to find next support at 1272.78 - 1271.73 USD. In case of breaking down, the downward trend will continue to 1269.04 - 1266.93 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 52.25 USD to 51.56 USD per barrel. This morning they are trading at 51.62 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.12 - 52.20 USD, the aim will be reaching and testing the zone 52.79 - 52.83 USD. If it is successful, the upward trend will continue to 53.23 - 53.31 USD. If the Crude Oil futures drop below the support levels at 51.09 - 51.01 USD, they will try to find next support at 50.61 - 50.57 USD. In case of breaking down, the downward trend will continue to 49.98 - 49.91 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2464 CAD to 1.2483 CAD. This morning the currency pair is trading at 1.2516 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2501 - 1.2505 CAD, the aim will be reaching and testing the zone 1.2519 - 1.2521 CAD. If it is successful, the upward trend will continue to 1.2544 - 1.2548 CAD. If USD drops below the support levels at 1.2462 - 1.2458 CAD, it will try to find next support at 1.2434 - 1.2432 CAD. In case of breaking down, the downward trend will continue to 1.2418 - 1.2414 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7845 USD to 0.7876 USD. This morning the currency pair is trading at 0.7842 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7893 - 0.7897 USD, the aim will be reaching and testing the zone 0.7910 - 0.7912 USD. If it is successful, the upward trend will continue to 0.7936 - 0.7941 USD. If Australian dollar drops below the support levels at 0.7854 - 0.7850 USD, it will try to find next support at 0.7826 - 0.7823 USD. In case of breaking down, the downward trend will continue to 0.7811 - 0.7806 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.91 JPY to 112.53 JPY. This morning the currency pair is trading at 113.19 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.96 - 113.02 JPY, the aim will be reaching and testing the zone 113.48 - 113.51 JPY. If it is successful, the upward trend will continue to 113.82 - 113.88 JPY. If USD drops below the support levels at 112.16 - 112.10 JPY, it will try to find next support at 111.79 - 111.76 JPY. In case of breaking down, the downward trend will continue to 111.30 - 111.24 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3204 USD to 1.3155 USD. This morning the currency pair is trading at 1.3096 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3206 - 1.3213 USD, the aim will be reaching and testing the zone 1.3267 - 1.3271 USD. If it is successful, the upward trend will continue to 1.3306 - 1.3314 USD. If GBP drops below the support levels at 1.3112 - 1.3105 USD, it will try to find next support at 1.3069 - 1.3066 USD. In case of breaking down, the downward trend will continue to 1.3012 - 1.3004 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9815 CHF to 0.9760 CHF. This morning the currency pair is trading at 0.9812 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9801 - 0.9806 CHF, the aim will be reaching and testing the zone 0.9849 - 0.9852 CHF. If it is successful, the upward trend will continue to 0.9882 - 0.9887 CHF. If USD drops below the support levels at 0.9725 - 0.9719 CHF, it will try to find next support at 0.9690 - 0.9687 CHF. In case of breaking down, the downward trend will continue to 0.9644 - 0.9638 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1786 USD to 1.1850 USD. This morning the currency pair is trading at 1.1812 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1883 - 1.1895 USD, the aim will be reaching and testing the zone 1.1915 - 1.1921 USD. If it is successful, the trend will continue to 1.1972 - 1.1985 USD. If euro drops below the support levels at 1.1805 - 1.1793 USD, it will try to find next support at 1.1742 - 1.1735 USD. In case of breaking down, the downward trend will continue to 1.1716 - 1.1703 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.

Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Past performance is no guarantee of future results. Be sure you understand the risks.

Trading 212 is a trading name of Trading 212 UK Ltd., Trading 212 CY Ltd. (Formerly: Avus Capital CY Ltd.) and Trading 212 Ltd.

Trading 212 UK Ltd. is registered in England and Wales (Register number 8590005). Trading 212 UK Ltd. is authorised and regulated by the Financial Conduct Authority (Register number 609146).

Trading 212 CY Ltd. (Formerly: Avus Capital CY Ltd.) is registered in Cyprus (Register number 343308). Trading 212 CY Ltd. (Formerly: Avus Capital CY Ltd.) is authorised and regulated by the Cyprus Securities and Exchange Commission (Licence number 290/16).

Trading 212 Ltd. is registered in Bulgaria (Register number 201659500). Trading 212 Ltd. is authorised and regulated by the Financial Supervision Commission (Register number RG-03-0237).

The information on this site is not directed at residents of the United States and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Risk warning
Chat with us