Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12515.4 to 12549.9 points. This morning the index is traded at 12536.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12585.3 - 12594.3 points, the aim will be reaching and testing the zone 12620.7 - 12625.2. If it is successful, the upward trend will continue to 12674.1 - 12683.0 points. If the DAX drops below the support levels at 12505.6 - 12496.6, it will try to find next support at 12447.8 - 12443.3. In case of breaking down, the downward trend will continue to 12416.9 - 12407.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.90 USD to 17.75 USD. This morning it is trading at 17.69 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.92 - 17.94 USD, the aim will be reaching and testing the zone 18.11 - 18.12 USD. If it is successful, the upward trend will continue to 18.24 - 18.27 USD. If the precious metal drops below the support levels at 17.61 - 17.59 USD, it will try to find next support at 17.47 - 17.46 USD. In case of breaking down, the downward trend will continue to 17.28 - 17.26 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1332.97 USD to 1322.41 USD. This morning it is trading at 1321.94 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1329.29 - 1331.03 USD, the aim will be reaching and testing the zone 1338.78 - 1339.66 USD. If it is successful, the upward trend will continue to 1343.04 - 1344.78 USD. If the precious metal drops below the support levels at 1317.28 - 1315.54 USD, it will try to find next support at 1312.16 - 1311.28 USD. In case of breaking down, the downward trend will continue to 1303.53 - 1301.79 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 48.83 USD to 49.73 USD per barrel. This morning they are trading at 49.61 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 50.16 - 50.34 USD, the aim will be reaching and testing the zone 50.60 - 50.68 USD. If it is successful, the upward trend will continue to 51.38 - 51.56 USD. If the Crude Oil futures drop below the support levels at 49.12 - 48.94 USD, they will try to find next support at 48.24 - 48.16 USD. In case of breaking down, the downward trend will continue to 47.90 - 47.72 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.2184 CAD to 1.2170 CAD. This morning the currency pair is trading at 1.2178 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2215 - 1.2216 CAD, the aim will be reaching and testing the zone 1.2261 - 1.2262 CAD. If it is successful, the upward trend will continue to 1.2304 - 1.2305 CAD. If USD drops below the support levels at 1.2127 - 1.2126 CAD, it will try to find next support at 1.2084 - 1.2083 CAD. In case of breaking down, the downward trend will continue to 1.2038 - 1.2037 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.8014 USD to 0.7984 USD. This morning the currency pair is trading at 0.8005 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.8021 - 0.8029 USD, the aim will be reaching and testing the zone 0.8069 - 0.8073 USD. If it is successful, the upward trend will continue to 0.8095 - 0.8103 USD. If Australian dollar drops below the support levels at 0.7955 - 0.7947 USD, it will try to find next support at 0.7925 - 0.7921 USD. In case of breaking down, the downward trend will continue to 0.7881 - 0.7873 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.16 JPY to 110.46 JPY. This morning the currency pair is trading at 110.46 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.80 - 110.86 JPY, the aim will be reaching and testing the zone 111.14 - 111.17 JPY. If it is successful, the upward trend will continue to 111.59 - 111.65 JPY. If USD drops below the support levels at 110.08 - 110.02 JPY, it will try to find next support at 109.59 - 109.56 JPY. In case of breaking down, the downward trend will continue to 109.29 - 109.23 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3282 USD to 1.3208 USD. This morning the currency pair is trading at 1.3204 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3280 - 1.3296 USD, the aim will be reaching and testing the zone 1.3377 - 1.3385 USD. If it is successful, the upward trend will continue to 1.3425 - 1.3441 USD. If GBP drops below the support levels at 1.3151 - 1.3135 USD, it will try to find next support at 1.3095 - 1.3087 USD. In case of breaking down, the downward trend will continue to 1.3006 - 1.2990 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9600 CHF to 0.9638 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 0.9671 - 0.9677 CHF, the aim will be reaching and testing the zone 0.9704 - 0.9706 CHF. If it is successful, the upward trend will continue to 0.9748 - 0.9753 CHF. If USD drops below the support levels at 0.9600 - 0.9595 CHF, it will try to find next support at 0.9553 - 0.9551 CHF. In case of breaking down, the downward trend will continue to 0.9524 - 0.9518 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1966 USD to 1.1885 USD. This morning the currency pair is trading at 1.1875 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1945 - 1.1962 USD, the aim will be reaching and testing the zone 1.2031 - 1.2039 USD. If it is successful, the trend will continue to 1.2067 - 1.2083 USD. If euro drops below the support levels at 1.1840 - 1.1824 USD, it will try to find next support at 1.1796 - 1.1788 USD. In case of breaking down, the downward trend will continue to 1.1719 - 1.1702 USD.

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