Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 10883.8 to 10969.3 points. This morning the index is traded at 10950.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11032.9 - 11063.1 points, the aim will be reaching and testing the zone 11096.4 - 11111.5. If it is successful, the upward trend will continue to 11220.4 - 11250.6 points. If the DAX drops below the support levels at 10875.6 - 10845.4, it will try to find next support at 10736.5 - 10721.4. In case of breaking down, the downward trend will continue to 10688.1 - 10657.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.72 USD to 15.54 USD. This morning it is trading at 15.70 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.65 - 15.69 USD, the aim will be reaching and testing the zone 15.82 - 15.84 USD. If it is successful, the upward trend will continue to 15.89 - 15.92 USD. If the precious metal drops below the support levels at 15.46 - 15.42 USD, it will try to find next support at 15.38 - 15.36 USD. In case of breaking down, the downward trend will continue to 15.23 - 15.19 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1293.66 USD to 1286.28 USD. This morning it is trading at 1293.50 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1291.77 - 1293.48 USD, the aim will be reaching and testing the zone 1299.82 - 1300.68 USD. If it is successful, the upward trend will continue to 1302.74 - 1304.45 USD. If the precious metal drops below the support levels at 1282.51 - 1280.80 USD, it will try to find next support at 1278.74 - 1277.88 USD. In case of breaking down, the downward trend will continue to 1271.54 - 1269.83 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures raised their value from 52.14 USD to 52.29 USD per barrel. This morning they are trading at 52.63 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.91 - 52.99 USD, the aim will be reaching and testing the zone 53.53 - 53.57 USD. If it is successful, the upward trend will continue to 54.31 - 54.39 USD. If the Crude Oil futures drop below the support levels at 51.59 - 51.51 USD, they will try to find next support at 50.77 - 50.73 USD. In case of breaking down, the downward trend will continue to 50.19 - 50.11 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3205 CAD to 1.3235 CAD. This morning the currency pair is trading at 1.3202 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3262 - 1.3264 CAD, the aim will be reaching and testing the zone 1.3289 - 1.3290 CAD. If it is successful, the upward trend will continue to 1.3320 - 1.3322 CAD. If USD drops below the support levels at 1.3206 - 1.3204 CAD, it will try to find next support at 1.3174 - 1.3173 CAD. In case of breaking down, the downward trend will continue to 1.3148 - 1.3146 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7169 USD to 0.7184 USD. This morning the currency pair is trading at 0.7211 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7206 - 0.7210 USD, the aim will be reaching and testing the zone 0.7227 - 0.7229 USD. If it is successful, the upward trend will continue to 0.7258 - 0.7262 USD. If Australian dollar drops below the support levels at 0.7158 - 0.7153 USD, it will try to find next support at 0.7125 - 0.7123 USD. In case of breaking down, the downward trend will continue to 0.7105 - 0.7101 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.15 JPY to 108.4170 JPY. This morning the currency pair is trading at 108.41 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.70 - 108.79 JPY, the aim will be reaching and testing the zone 108.98 - 109.03 JPY. If it is successful, the upward trend will continue to 109.46 - 109.55 JPY. If USD drops below the support levels at 108.04 - 107.95 JPY, it will try to find next support at 107.52 - 107.47 JPY. In case of breaking down, the downward trend will continue to 107.28 - 107.19 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2788 USD to 1.2749 USD. This morning the currency pair is trading at 1.2761 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2786 - 1.2791 USD, the aim will be reaching and testing the zone 1.2830 - 1.2832 USD. If it is successful, the upward trend will continue to 1.2860 - 1.2865 USD. If GBP drops below the support levels at 1.2717 - 1.2712 USD, it will try to find next support at 1.2684 - 1.2682 USD. In case of breaking down, the downward trend will continue to 1.2643 - 1.2638 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9749 CHF to 0.9842 CHF. This morning the currency pair is trading at 0.9830 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9888 - 0.9909 CHF, the aim will be reaching and testing the zone 0.9935 - 0.9945 CHF. If it is successful, the upward trend will continue to 1.0021 - 1.0041 CHF. If USD drops below the support levels at 0.9776 - 0.9756 CHF, it will try to find next support at 0.9679 - 0.9669 CHF. In case of breaking down, the downward trend will continue to 0.9643 - 0.9623 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1542 USD to 1.1499 USD. This morning the currency pair is trading at 1.1527 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1542 - 1.1551 USD, the aim will be reaching and testing the zone 1.1598 - 1.1603 USD. If it is successful, the trend will continue to 1.1627 - 1.1636 USD. If euro drops below the support levels at 1.1466 - 1.1457 USD, it will try to find next support at 1.1432 - 1.1428 USD. In case of breaking down, the downward trend will continue to 1.1380 - 1.1371 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. 76% 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.
76% 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. 76% 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.
76% 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.