Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11358.2 to 11308.4 points. This morning the index is traded at 11262.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11347.8 - 11357.0 points, the aim will be reaching and testing the zone 11401.0 - 11405.7. If it is successful, the upward trend will continue to 11426.5 - 11435.7 points. If the DAX drops below the support levels at 11278.3 - 11269.1, it will try to find next support at 11248.3 - 11243.6. In case of breaking down, the downward trend will continue to 11199.6 - 11190.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.81 USD to 15.65 USD. This morning it is trading at 15.63 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.75 - 15.78 USD, the aim will be reaching and testing the zone 15.90 - 15.91 USD. If it is successful, the upward trend will continue to 15.96 - 15.99 USD. If the precious metal drops below the support levels at 15.57 - 15.54 USD, it will try to find next support at 15.49 - 15.48 USD. In case of breaking down, the downward trend will continue to 15.36 - 15.33 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1314.87 USD to 1306.34 USD. This morning it is trading at 1306.42 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1311.41 - 1312.81 USD, the aim will be reaching and testing the zone 1318.58 - 1319.29 USD. If it is successful, the upward trend will continue to 1321.54 - 1322.94 USD. If the precious metal drops below the support levels at 1302.68 - 1301.28 USD, it will try to find next support at 1299.03 - 1298.32 USD. In case of breaking down, the downward trend will continue to 1292.55 - 1291.15 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 53.71 USD to 53.87 USD per barrel. This morning they are trading at 53.91 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.48 - 54.59 USD, the aim will be reaching and testing the zone 55.09 - 55.14 USD. If it is successful, the upward trend will continue to 55.91 - 56.02 USD. If the Crude Oil futures drop below the support levels at 53.16 - 53.05 USD, they will try to find next support at 52.28 - 52.23 USD. In case of breaking down, the downward trend will continue to 51.73 - 51.62 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3124 CAD to 1.3212 CAD. This morning the currency pair is trading at 1.3215 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3243 - 1.3257 CAD, the aim will be reaching and testing the zone 1.3274 - 1.3281 CAD. If it is successful, the upward trend will continue to 1.3334 - 1.3349 CAD. If USD drops below the support levels at 1.3166 - 1.3152 CAD, it will try to find next support at 1.3099 - 1.3091 CAD. In case of breaking down, the downward trend will continue to 1.3075 - 1.3060 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7231 USD to 0.7104 USD. This morning the currency pair is trading at 0.7109 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7175 - 0.7198 USD, the aim will be reaching and testing the zone 0.7280 - 0.7292 USD. If it is successful, the upward trend will continue to 0.7316 - 0.7339 USD. If Australian dollar drops below the support levels at 0.7056 - 0.7033 USD, it will try to find next support at 0.7008 - 0.6997 USD. In case of breaking down, the downward trend will continue to 0.6914 - 0.6891 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.95 JPY to 109.9590 JPY. This morning the currency pair is trading at 109.98 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.15 - 110.21 JPY, the aim will be reaching and testing the zone 110.35 - 110.38 JPY. If it is successful, the upward trend will continue to 110.65 - 110.71 JPY. If USD drops below the support levels at 109.71 - 109.65 JPY, it will try to find next support at 109.38 - 109.35 JPY. In case of breaking down, the downward trend will continue to 109.21 - 109.16 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2946 USD to 1.2929 USD. This morning the currency pair is trading at 1.2932 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2956 - 1.2964 USD, the aim will be reaching and testing the zone 1.2994 - 1.2998 USD. If it is successful, the upward trend will continue to 1.3010 - 1.3018 USD. If GBP drops below the support levels at 1.2910 - 1.2902 USD, it will try to find next support at 1.2890 - 1.2886 USD. In case of breaking down, the downward trend will continue to 1.2856 - 1.2848 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9995 CHF to 1.0022 CHF. This morning the currency pair is trading at 1.0022 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0037 - 1.0043 CHF, the aim will be reaching and testing the zone 1.0052 - 1.0055 CHF. If it is successful, the upward trend will continue to 1.0078 - 1.0084 CHF. If USD drops below the support levels at 1.0001 - 0.9996 CHF, it will try to find next support at 0.9972 - 0.9970 CHF. In case of breaking down, the downward trend will continue to 0.9960 - 0.9955 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1404 USD to 1.1361 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 1.1385 - 1.1393 USD, the aim will be reaching and testing the zone 1.1421 - 1.1425 USD. If it is successful, the trend will continue to 1.1434 - 1.1441 USD. If euro drops below the support levels at 1.1344 - 1.1337 USD, it will try to find next support at 1.1328 - 1.1324 USD. In case of breaking down, the downward trend will continue to 1.1296 - 1.1288 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.