Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX lowered its value from 11437.5 to 11373.3 points. This morning the index is traded at 11348.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11470.6 - 11482.2 points, the aim will be reaching and testing the zone 11568.1 - 11573.8. If it is successful, the upward trend will continue to 11688.4 - 11700.2 points. If the DAX drops below the support levels at 11264.4 - 11252.8, it will try to find next support at 11138.2 - 11132.4. In case of breaking down, the downward trend will continue to 11046.6 - 11035.1 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 14.25 USD to 14.39 USD. This morning it is trading at 14.34 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.45 - 14.48 USD, the aim will be reaching and testing the zone 14.52 - 14.53 USD. If it is successful, the upward trend will continue to 14.63 - 14.66 USD. If the precious metal drops below the support levels at 14.31 - 14.27 USD, it will try to find next support at 14.17 - 14.15 USD. In case of breaking down, the downward trend will continue to 14.12 - 14.09 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold raised its value from 1213.50 USD to 1220.88 USD. This morning it is trading at 1218.19 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1226.35 - 1226.95 USD, the aim will be reaching and testing the zone 1231.83 - 1232.12 USD. If it is successful, the upward trend will continue to 1238.48 - 1239.08 USD. If the precious metal drops below the support levels at 1214.82 - 1214.22 USD, it will try to find next support at 1207.86 - 1207.57 USD. In case of breaking down, the downward trend will continue to 1202.69 - 1202.09 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the December Crude Oil futures raised their value from 56.75 USD to 57.00 USD per barrel. This morning they are trading at 57.26 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.02 - 58.06 USD, the aim will be reaching and testing the zone 59.10 - 59.12 USD. If it is successful, the upward trend will continue to 60.05 - 60.09 USD. If the Crude Oil futures drop below the support levels at 56.02 - 55.98 USD, they will try to find next support at 55.05 - 55.03 USD. In case of breaking down, the downward trend will continue to 53.99 - 53.95 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3176 CAD to 1.3147 CAD. This morning the currency pair is trading at 1.3168 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3177 - 1.3181 CAD, the aim will be reaching and testing the zone 1.3211 - 1.3212 CAD. If it is successful, the upward trend will continue to 1.3236 - 1.3239 CAD. If USD drops below the support levels at 1.3121 - 1.3117 CAD, it will try to find next support at 1.3094 - 1.3092 CAD. In case of breaking down, the downward trend will continue to 1.3061 - 1.3058 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.7275 USD to 0.7329 USD. This morning the currency pair is trading at 0.7303 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7361 - 0.7373 USD, the aim will be reaching and testing the zone 0.7393 - 0.7399 USD. If it is successful, the upward trend will continue to 0.7449 - 0.7461 USD. If Australian dollar drops below the support levels at 0.7285 - 0.7273 USD, it will try to find next support at 0.7223 - 0.7217 USD. In case of breaking down, the downward trend will continue to 0.7197 - 0.7185 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 113.62 JPY to 112.79 JPY. This morning the currency pair is trading at 112.79 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.29 - 113.41 JPY, the aim will be reaching and testing the zone 113.95 - 114.01 JPY. If it is successful, the upward trend will continue to 114.28 - 114.39 JPY. If USD drops below the support levels at 112.41 - 112.29 JPY, it will try to find next support at 112.02 - 111.97 JPY. In case of breaking down, the downward trend will continue to 111.42 - 111.31 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.2771 USD to 1.2819 USD. This morning the currency pair is trading at 1.2818 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2878 - 1.2879 USD, the aim will be reaching and testing the zone 1.2938 - 1.2938 USD. If it is successful, the upward trend will continue to 1.2999 - 1.2999 USD. If GBP drops below the support levels at 1.2758 - 1.2758 USD, it will try to find next support at 1.2697 - 1.2697 USD. In case of breaking down, the downward trend will continue to 1.2638 - 1.2637 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 1.0057 CHF to 0.9996 CHF. This morning the currency pair is trading at 1.0006 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0044 - 1.0058 CHF, the aim will be reaching and testing the zone 1.0113 - 1.0120 CHF. If it is successful, the upward trend will continue to 1.0141 - 1.0154 CHF. If USD drops below the support levels at 0.9963 - 0.9948 CHF, it will try to find next support at 0.9929 - 0.9922 CHF. In case of breaking down, the downward trend will continue to 0.9867 - 0.9853 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro raised its value from 1.1324 USD to 1.1417 USD. This morning the currency pair is trading at 1.1394 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1451 - 1.1466 USD, the aim will be reaching and testing the zone 1.1484 - 1.1492 USD. If it is successful, the trend will continue to 1.1549 - 1.1565 USD. If euro drops below the support levels at 1.1368 - 1.1352 USD, it will try to find next support at 1.1295 - 1.1287 USD. In case of breaking down, the downward trend will continue to 1.1269 - 1.1253 USD.

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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.