Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11059.2 to 10937.0 points. This morning the index is traded at 10910.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11105.1 - 11107.8 points, the aim will be reaching and testing the zone 11273.2 - 11274.5. If it is successful, the upward trend will continue to 11446.6 - 11449.3 points. If the DAX drops below the support levels at 10766.3 - 10763.6, it will try to find next support at 10591.5 - 10590.2. In case of breaking down, the downward trend will continue to 10424.8 - 10422.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.48 USD to 14.45 USD. This morning it is trading at 14.45 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.51 - 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 14.67 - 14.69 USD. If the precious metal drops below the support levels at 14.37 - 14.35 USD, it will try to find next support at 14.27 - 14.26 USD. In case of breaking down, the downward trend will continue to 14.21 - 14.19 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold was in a range 1234.66 - 1244.14 USD. This morning it is trading at 1239.26 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1242.35 - 1242.95 USD, the aim will be reaching and testing the zone 1247.99 - 1248.28 USD. If it is successful, the upward trend will continue to 1251.83 - 1252.43 USD. If the precious metal drops below the support levels at 1233.47 - 1232.87 USD, it will try to find next support at 1229.32 - 1229.03 USD. In case of breaking down, the downward trend will continue to 1223.99 - 1223.39 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 52.87 USD to 51.70 USD per barrel. This morning they are trading at 51.06 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 53.29 - 53.30 USD, the aim will be reaching and testing the zone 54.89 - 54.89 USD. If it is successful, the upward trend will continue to 56.50 - 56.51 USD. If the Crude Oil futures drop below the support levels at 50.09 - 50.08 USD, they will try to find next support at 48.47 - 48.47 USD. In case of breaking down, the downward trend will continue to 46.88 - 46.87 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3350 CAD to 1.3381 CAD. This morning the currency pair is trading at 1.3395 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3427 - 1.3433 CAD, the aim will be reaching and testing the zone 1.3482 - 1.3485 CAD. If it is successful, the upward trend will continue to 1.3520 - 1.3526 CAD. If USD drops below the support levels at 1.3339 - 1.3334 CAD, it will try to find next support at 1.3298 - 1.3296 CAD. In case of breaking down, the downward trend will continue to 1.3246 - 1.3241 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7265 USD to 0.7233 USD. This morning the currency pair is trading at 0.7222 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7274 - 0.7274 USD, the aim will be reaching and testing the zone 0.7314 - 0.7314 USD. If it is successful, the upward trend will continue to 0.7356 - 0.7356 USD. If Australian dollar drops below the support levels at 0.7192 - 0.7192 USD, it will try to find next support at 0.7152 - 0.7150 USD. In case of breaking down, the downward trend will continue to 0.7111 - 0.7110 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 113.18 JPY to 112.65 JPY. This morning the currency pair is trading at 112.91 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.14 - 113.16 JPY, the aim will be reaching and testing the zone 113.65 - 113.66 JPY. If it is successful, the upward trend will continue to 114.11 - 114.13 JPY. If USD drops below the support levels at 112.18 - 112.17 JPY, it will try to find next support at 111.72 - 111.71 JPY. In case of breaking down, the downward trend will continue to 111.21 - 111.19 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2731 USD to 1.2779 USD. This morning the currency pair is trading at 1.2764 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2827 - 1.2835 USD, the aim will be reaching and testing the zone 1.2875 - 1.2879 USD. If it is successful, the upward trend will continue to 1.2939 - 1.2947 USD. If GBP drops below the support levels at 1.2723 - 1.2715 USD, it will try to find next support at 1.2654 - 1.2650 USD. In case of breaking down, the downward trend will continue to 1.2610 - 1.2602 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9974 CHF to 0.9922 CHF. This morning the currency pair is trading at 0.9927 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9969 - 0.9976 CHF, the aim will be reaching and testing the zone 1.0027 - 1.0030 CHF. If it is successful, the upward trend will continue to 1.0065 - 1.0071 CHF. If USD drops below the support levels at 0.9881 - 0.9874 CHF, it will try to find next support at 0.9840 - 0.9836 CHF. In case of breaking down, the downward trend will continue to 0.9785 - 0.9779 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1344 USD to 1.1369 USD. This morning the currency pair is trading at 1.1365 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1414 - 1.1415 USD, the aim will be reaching and testing the zone 1.1459 - 1.1459 USD. If it is successful, the trend will continue to 1.1506 - 1.1507 USD. If euro drops below the support levels at 1.1324 - 1.1323 USD, it will try to find next support at 1.1276 - 1.1276 USD. In case of breaking down, the downward trend will continue to 1.1232 - 1.1231 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.