Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11187.9 to 11365.2 points. This morning the index is traded at 11350.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11443.9 - 11471.4 points, the aim will be reaching and testing the zone 11522.5 - 11536.3. If it is successful, the upward trend will continue to 11656.3 - 11683.8 points. If the DAX drops below the support levels at 11259.0 - 11231.5, it will try to find next support at 11111.5 - 11097.7. In case of breaking down, the downward trend will continue to 11046.6 - 11019.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.84 USD to 15.83 USD. This morning it is trading at 15.82 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.88 - 15.88 USD, the aim will be reaching and testing the zone 15.94 - 15.94 USD. If it is successful, the upward trend will continue to 15.98 - 15.99 USD. If the precious metal drops below the support levels at 15.78 - 15.78 USD, it will try to find next support at 15.74 - 15.73 USD. In case of breaking down, the downward trend will continue to 15.68 - 15.67 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1312.16 USD to 1314.99 USD. This morning it is trading at 1314.81 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1317.61 - 1318.05 USD, the aim will be reaching and testing the zone 1320.23 - 1320.45 USD. If it is successful, the upward trend will continue to 1323.72 - 1324.16 USD. If the precious metal drops below the support levels at 1311.94 - 1311.50 USD, it will try to find next support at 1308.23 - 1308.01 USD. In case of breaking down, the downward trend will continue to 1305.83 - 1305.39 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures lowered their value from 54.85 USD to 53.69 USD per barrel. This morning they are trading at 53.75 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.55 - 54.76 USD, the aim will be reaching and testing the zone 55.73 - 55.83 USD. If it is successful, the upward trend will continue to 56.28 - 56.48 USD. If the Crude Oil futures drop below the support levels at 53.04 - 52.83 USD, they will try to find next support at 52.38 - 52.28 USD. In case of breaking down, the downward trend will continue to 51.31 - 51.11 USD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7225 USD to 0.7232 USD. This morning the currency pair is trading at 0.7241 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7266 - 0.7267 USD, the aim will be reaching and testing the zone 0.7300 - 0.7302 USD. If it is successful, the upward trend will continue to 0.7336 - 0.7338 USD. If Australian dollar drops below the support levels at 0.7196 - 0.7195 USD, it will try to find next support at 0.7159 - 0.7158 USD. In case of breaking down, the downward trend will continue to 0.7126 - 0.7124 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.87 JPY to 109.9550 JPY. This morning the currency pair is trading at 109.93 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.07 - 110.09 JPY, the aim will be reaching and testing the zone 110.19 - 110.19 JPY. If it is successful, the upward trend will continue to 110.34 - 110.35 JPY. If USD drops below the support levels at 109.82 - 109.80 JPY, it will try to find next support at 109.66 - 109.65 JPY. In case of breaking down, the downward trend will continue to 109.56 - 109.54 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3035 USD to 1.2945 USD. This morning the currency pair is trading at 1.2955 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3009 - 1.3023 USD, the aim will be reaching and testing the zone 1.3094 - 1.3101 USD. If it is successful, the upward trend will continue to 1.3136 - 1.3150 USD. If GBP drops below the support levels at 1.2895 - 1.2881 USD, it will try to find next support at 1.2846 - 1.2839 USD. In case of breaking down, the downward trend will continue to 1.2768 - 1.2754 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9977 CHF to 0.9997 CHF. This morning the currency pair is trading at 0.9996 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0021 - 1.0021 CHF, the aim will be reaching and testing the zone 1.0045 - 1.0045 CHF. If it is successful, the upward trend will continue to 1.0070 - 1.0071 CHF. If USD drops below the support levels at 0.9972 - 0.9971 CHF, it will try to find next support at 0.9946 - 0.9946 CHF. In case of breaking down, the downward trend will continue to 0.9923 - 0.9922 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1436 USD to 1.1404 USD. This morning the currency pair is trading at 1.1408 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1424 - 1.1429 USD, the aim will be reaching and testing the zone 1.1451 - 1.1454 USD. If it is successful, the trend will continue to 1.1463 - 1.1468 USD. If euro drops below the support levels at 1.1390 - 1.1384 USD, it will try to find next support at 1.1376 - 1.1373 USD. In case of breaking down, the downward trend will continue to 1.1351 - 1.1345 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.