Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11155.4 to 11193.6 points. This morning the index is traded at 11053.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11253.0 - 11257.8 points, the aim will be reaching and testing the zone 11319.6 - 11322.0. If it is successful, the upward trend will continue to 11371.7 - 11376.5 points. If the DAX drops below the support levels at 11139.1 - 11134.3, it will try to find next support at 11084.6 - 11082.2. In case of breaking down, the downward trend will continue to 11020.4 - 11015.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.50 USD to 14.47 USD. This morning it is trading at 14.42 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.52 - 14.53 USD, the aim will be reaching and testing the zone 14.58 - 14.59 USD. If it is successful, the upward trend will continue to 14.64 - 14.65 USD. If the precious metal drops below the support levels at 14.41 - 14.40 USD, it will try to find next support at 14.35 - 14.34 USD. In case of breaking down, the downward trend will continue to 14.30 - 14.29 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1238.70 USD to 1237.03 USD. This morning it is trading at 1238.46 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1239.67 - 1239.97 USD, the aim will be reaching and testing the zone 1242.32 - 1242.47 USD. If it is successful, the upward trend will continue to 1245.55 - 1245.85 USD. If the precious metal drops below the support levels at 1234.09 - 1233.79 USD, it will try to find next support at 1230.71 - 1230.56 USD. In case of breaking down, the downward trend will continue to 1228.21 - 1227.91 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures raised their value from 52.54 USD to 52.90 USD per barrel. This morning they are trading at 52.26 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.04 - 54.16 USD, the aim will be reaching and testing the zone 55.36 - 55.42 USD. If it is successful, the upward trend will continue to 56.31 - 56.43 USD. If the Crude Oil futures drop below the support levels at 51.89 - 51.77 USD, they will try to find next support at 50.88 - 50.81 USD. In case of breaking down, the downward trend will continue to 49.62 - 49.49 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3259 CAD to 1.3352 CAD. This morning the currency pair is trading at 1.3397 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3417 - 1.3426 CAD, the aim will be reaching and testing the zone 1.3481 - 1.3486 CAD. If it is successful, the upward trend will continue to 1.3564 - 1.3573 CAD. If USD drops below the support levels at 1.3279 - 1.3269 CAD, it will try to find next support at 1.3191 - 1.3187 CAD. In case of breaking down, the downward trend will continue to 1.3131 - 1.3122 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7336 USD to 0.7267 USD. This morning the currency pair is trading at 0.7227 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7315 - 0.7328 USD, the aim will be reaching and testing the zone 0.7382 - 0.7389 USD. If it is successful, the upward trend will continue to 0.7410 - 0.7423 USD. If Australian dollar drops below the support levels at 0.7232 - 0.7219 USD, it will try to find next support at 0.7198 - 0.7191 USD. In case of breaking down, the downward trend will continue to 0.7137 - 0.7123 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 112.75 JPY to 113.17 JPY. This morning the currency pair is trading at 112.78 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.40 - 113.48 JPY, the aim will be reaching and testing the zone 113.61 - 113.65 JPY. If it is successful, the upward trend will continue to 113.99 - 114.07 JPY. If USD drops below the support levels at 112.88 - 112.80 JPY, it will try to find next support at 112.46 - 112.42 JPY. In case of breaking down, the downward trend will continue to 112.28 - 112.20 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2717 USD to 1.2732 USD. This morning the currency pair is trading at 1.2708 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2795 - 1.2796 USD, the aim will be reaching and testing the zone 1.2859 - 1.2860 USD. If it is successful, the upward trend will continue to 1.2921 - 1.2922 USD. If GBP drops below the support levels at 1.2670 - 1.2669 USD, it will try to find next support at 1.2608 - 1.2607 USD. In case of breaking down, the downward trend will continue to 1.2544 - 1.2543 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99674 - 1.00075 CHF. This morning the currency pair is trading at 0.9967 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9996 - 1 CHF, the aim will be reaching and testing the zone 1.0022 - 1.0024 CHF. If it is successful, the upward trend will continue to 1.0036 - 1.0040 CHF. If USD drops below the support levels at 0.9960 - 0.9956 CHF, it will try to find next support at 0.9943 - 0.9941 CHF. In case of breaking down, the downward trend will continue to 0.9919 - 0.9915 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro was in a range 1.13104 - 1.13606 USD. This morning the currency pair is trading at 1.1337 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1366 - 1.1369 USD, the aim will be reaching and testing the zone 1.1389 - 1.1390 USD. If it is successful, the trend will continue to 1.1416 - 1.1419 USD. If euro drops below the support levels at 1.1319 - 1.1316 USD, it will try to find next support at 1.1290 - 1.1288 USD. In case of breaking down, the downward trend will continue to 1.1269 - 1.1266 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. 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.
80% 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. 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.
80% 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.