Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 10824.1 to 10894.7 points. This morning the index is traded at 10830.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 10963.5 - 10964.1 points, the aim will be reaching and testing the zone 11032.3 - 11032.6. If it is successful, the upward trend will continue to 11102.3 - 11102.9 points. If the DAX drops below the support levels at 10825.3 - 10824.7, it will try to find next support at 10755.0 - 10754.7. In case of breaking down, the downward trend will continue to 10686.5 - 10685.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.62 USD to 15.72 USD. This morning it is trading at 15.73 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.79 - 15.82 USD, the aim will be reaching and testing the zone 15.86 - 15.87 USD. If it is successful, the upward trend will continue to 15.98 - 16.00 USD. If the precious metal drops below the support levels at 15.63 - 15.61 USD, it will try to find next support at 15.50 - 15.49 USD. In case of breaking down, the downward trend will continue to 15.45 - 15.42 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1284.87 USD to 1292.78 USD. This morning it is trading at 1295.99 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1297.71 - 1299.69 USD, the aim will be reaching and testing the zone 1302.65 - 1303.63 USD. If it is successful, the upward trend will continue to 1311.52 - 1313.50 USD. If the precious metal drops below the support levels at 1285.88 - 1283.90 USD, it will try to find next support at 1276.01 - 1275.03 USD. In case of breaking down, the downward trend will continue to 1272.07 - 1270.09 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures raised their value from 49.72 USD to 52.14 USD per barrel. This morning they are trading at 51.71 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 53.23 - 53.57 USD, the aim will be reaching and testing the zone 54.31 - 54.48 USD. If it is successful, the upward trend will continue to 56.08 - 56.42 USD. If the Crude Oil futures drop below the support levels at 50.72 - 50.38 USD, they will try to find next support at 48.78 - 48.61 USD. In case of breaking down, the downward trend will continue to 47.87 - 47.53 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3270 CAD to 1.3206 CAD. This morning the currency pair is trading at 1.3231 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3255 - 1.3263 CAD, the aim will be reaching and testing the zone 1.3315 - 1.3319 CAD. If it is successful, the upward trend will continue to 1.3353 - 1.3361 CAD. If USD drops below the support levels at 1.3165 - 1.3157 CAD, it will try to find next support at 1.3123 - 1.3119 CAD. In case of breaking down, the downward trend will continue to 1.3066 - 1.3059 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7138 USD to 0.7168 USD. This morning the currency pair is trading at 0.7186 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7196 - 0.7198 USD, the aim will be reaching and testing the zone 0.7224 - 0.7225 USD. If it is successful, the upward trend will continue to 0.7256 - 0.7258 USD. If Australian dollar drops below the support levels at 0.7138 - 0.7137 USD, it will try to find next support at 0.7106 - 0.7105 USD. In case of breaking down, the downward trend will continue to 0.7079 - 0.7077 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.73 JPY to 108.15 JPY. This morning the currency pair is trading at 107.91 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.67 - 108.78 JPY, the aim will be reaching and testing the zone 109.34 - 109.40 JPY. If it is successful, the upward trend will continue to 109.70 - 109.81 JPY. If USD drops below the support levels at 107.75 - 107.64 JPY, it will try to find next support at 107.34 - 107.28 JPY. In case of breaking down, the downward trend will continue to 106.72 - 106.61 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2712 USD to 1.2786 USD. This morning the currency pair is trading at 1.2786 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2824 - 1.2834 USD, the aim will be reaching and testing the zone 1.2862 - 1.2867 USD. If it is successful, the upward trend will continue to 1.2921 - 1.2931 USD. If GBP drops below the support levels at 1.2737 - 1.2727 USD, it will try to find next support at 1.2673 - 1.2668 USD. In case of breaking down, the downward trend will continue to 1.2641 - 1.2630 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9809 CHF to 0.9743 CHF. This morning the currency pair is trading at 0.9727 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9786 - 0.9796 CHF, the aim will be reaching and testing the zone 0.9844 - 0.9849 CHF. If it is successful, the upward trend will continue to 0.9871 - 0.9882 CHF. If USD drops below the support levels at 0.9711 - 0.9700 CHF, it will try to find next support at 0.9678 - 0.9673 CHF. In case of breaking down, the downward trend will continue to 0.9625 - 0.9615 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1440 USD to 1.1541 USD. This morning the currency pair is trading at 1.1557 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1587 - 1.1602 USD, the aim will be reaching and testing the zone 1.1633 - 1.1640 USD. If it is successful, the trend will continue to 1.1709 - 1.1724 USD. If euro drops below the support levels at 1.1480 - 1.1465 USD, it will try to find next support at 1.1397 - 1.1389 USD. In case of breaking down, the downward trend will continue to 1.1358 - 1.1343 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.