Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12493.9 to 12516.6 points. This morning the index is traded at 12501.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12549.2 - 12552.4 points, the aim will be reaching and testing the zone 12586.6 - 12588.2. If it is successful, the upward trend will continue to 12614.4 - 12617.6 points. If the DAX drops below the support levels at 12487.2 - 12484.0, it will try to find next support at 12457.8 - 12456.2. In case of breaking down, the downward trend will continue to 12422.0 - 12418.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.80 USD to 17.89 USD. This morning it is trading at 17.84 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.95 - 17.98 USD, the aim will be reaching and testing the zone 18.02 - 18.03 USD. If it is successful, the upward trend will continue to 18.14 - 18.17 USD. If the precious metal drops below the support levels at 17.80 - 17.77 USD, it will try to find next support at 17.66 - 17.64 USD. In case of breaking down, the downward trend will continue to 17.61 - 17.58 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1327.82 USD to 1331.67 USD. This morning it is trading at 1330.55 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1334.93 - 1336.40 USD, the aim will be reaching and testing the zone 1338.19 - 1338.92 USD. If it is successful, the upward trend will continue to 1344.38 - 1345.85 USD. If the precious metal drops below the support levels at 1326.95 - 1325.48 USD, it will try to find next support at 1320.02 - 1319.29 USD. In case of breaking down, the downward trend will continue to 1317.50 - 1316.03 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures raised their value from 48.65 USD to 48.85 USD per barrel. This morning they are trading at 48.69 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 49.11 - 49.19 USD, the aim will be reaching and testing the zone 49.37 - 49.41 USD. If it is successful, the upward trend will continue to 49.80 - 49.88 USD. If the Crude Oil futures drop below the support levels at 48.50 - 48.42 USD, they will try to find next support at 48.03 - 47.99 USD. In case of breaking down, the downward trend will continue to 47.81 - 47.73 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2108 CAD to 1.2184 CAD. This morning the currency pair is trading at 1.2168 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2221 - 1.2238 CAD, the aim will be reaching and testing the zone 1.2258 - 1.2267 CAD. If it is successful, the upward trend will continue to 1.2328 - 1.2345 CAD. If USD drops below the support levels at 1.2131 - 1.2114 CAD, it will try to find next support at 1.2053 - 1.2044 CAD. In case of breaking down, the downward trend will continue to 1.2024 - 1.2007 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.8025 USD to 0.8015 USD. This morning the currency pair is trading at 0.8023 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.8041 - 0.8043 USD, the aim will be reaching and testing the zone 0.8070 - 0.8072 USD. If it is successful, the upward trend will continue to 0.8092 - 0.8095 USD. If Australian dollar drops below the support levels at 0.7992 - 0.7989 USD, it will try to find next support at 0.7969 - 0.7968 USD. In case of breaking down, the downward trend will continue to 0.7941 - 0.7938 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.37 JPY to 110.13 JPY. This morning the currency pair is trading at 110.13 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.51 - 110.64 JPY, the aim will be reaching and testing the zone 110.88 - 110.95 JPY. If it is successful, the upward trend will continue to 111.52 - 111.65 JPY. If USD drops below the support levels at 109.63 - 109.50 JPY, it will try to find next support at 108.92 - 108.86 JPY. In case of breaking down, the downward trend will continue to 108.61 - 108.48 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3162 USD to 1.3282 USD. This morning the currency pair is trading at 1.3304 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3333 - 1.3351 USD, the aim will be reaching and testing the zone 1.3385 - 1.3394 USD. If it is successful, the upward trend will continue to 1.3472 - 1.3490 USD. If GBP drops below the support levels at 1.3213 - 1.3195 USD, it will try to find next support at 1.3116 - 1.3107 USD. In case of breaking down, the downward trend will continue to 1.3074 - 1.3056 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9561 CHF to 0.9599 CHF. This morning the currency pair is trading at 0.9596 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9634 - 0.9642 CHF, the aim will be reaching and testing the zone 0.9668 - 0.9672 CHF. If it is successful, the upward trend will continue to 0.9719 - 0.9727 CHF. If USD drops below the support levels at 0.9557 - 0.9548 CHF, it will try to find next support at 0.9502 - 0.9498 CHF. In case of breaking down, the downward trend will continue to 0.9471 - 0.9463 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1951 USD to 1.1966 USD. This morning the currency pair is trading at 1.1980 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1987 - 1.1991 USD, the aim will be reaching and testing the zone 1.2008 - 1.2011 USD. If it is successful, the trend will continue to 1.2039 - 1.2043 USD. If euro drops below the support levels at 1.1940 - 1.1935 USD, it will try to find next support at 1.1907 - 1.1905 USD. In case of breaking down, the downward trend will continue to 1.1888 - 1.1883 USD.

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