Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11303.1 to 11032.9 points. This morning the index is traded at 11030.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11185.5 - 11225.9 points, the aim will be reaching and testing the zone 11398.7 - 11418.9. If it is successful, the upward trend will continue to 11490.6 - 11531.0 points. If the DAX drops below the support levels at 10920.8 - 10880.4, it will try to find next support at 10808.7 - 10788.5. In case of breaking down, the downward trend will continue to 10615.7 - 10575.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.63 USD to 15.71 USD. This morning it is trading at 15.71 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.76 - 15.77 USD, the aim will be reaching and testing the zone 15.81 - 15.81 USD. If it is successful, the upward trend will continue to 15.88 - 15.89 USD. If the precious metal drops below the support levels at 15.65 - 15.64 USD, it will try to find next support at 15.57 - 15.57 USD. In case of breaking down, the downward trend will continue to 15.53 - 15.52 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1306.72 USD to 1309.77 USD. This morning it is trading at 1310.32 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1313.48 - 1314.34 USD, the aim will be reaching and testing the zone 1317.20 - 1317.62 USD. If it is successful, the upward trend will continue to 1322.61 - 1323.47 USD. If the precious metal drops below the support levels at 1305.21 - 1304.35 USD, it will try to find next support at 1299.36 - 1298.94 USD. In case of breaking down, the downward trend will continue to 1296.08 - 1295.22 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures lowered their value from 53.90 USD to 52.58 USD per barrel. This morning they are trading at 52.47 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 53.79 - 53.92 USD, the aim will be reaching and testing the zone 55.19 - 55.25 USD. If it is successful, the upward trend will continue to 56.20 - 56.33 USD. If the Crude Oil futures drop below the support levels at 51.51 - 51.38 USD, they will try to find next support at 50.43 - 50.37 USD. In case of breaking down, the downward trend will continue to 49.10 - 48.97 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3212 CAD to 1.3306 CAD. This morning the currency pair is trading at 1.3310 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3347 - 1.3363 CAD, the aim will be reaching and testing the zone 1.3389 - 1.3396 CAD. If it is successful, the upward trend will continue to 1.3461 - 1.3477 CAD. If USD drops below the support levels at 1.3250 - 1.3234 CAD, it will try to find next support at 1.3169 - 1.3162 CAD. In case of breaking down, the downward trend will continue to 1.3136 - 1.3120 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7103 USD to 0.7099 USD. This morning the currency pair is trading at 0.7092 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7113 - 0.7114 USD, the aim will be reaching and testing the zone 0.7129 - 0.7129 USD. If it is successful, the upward trend will continue to 0.7141 - 0.7142 USD. If Australian dollar drops below the support levels at 0.7086 - 0.7085 USD, it will try to find next support at 0.7073 - 0.7073 USD. In case of breaking down, the downward trend will continue to 0.7058 - 0.7057 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.95 JPY to 109.79 JPY. This morning the currency pair is trading at 109.76 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.04 - 110.05 JPY, the aim will be reaching and testing the zone 110.31 - 110.31 JPY. If it is successful, the upward trend will continue to 110.53 - 110.54 JPY. If USD drops below the support levels at 109.57 - 109.55 JPY, it will try to find next support at 109.33 - 109.33 JPY. In case of breaking down, the downward trend will continue to 109.08 - 109.06 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2931 USD to 1.2950 USD. This morning the currency pair is trading at 1.2947 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3012 - 1.3021 USD, the aim will be reaching and testing the zone 1.3075 - 1.3079 USD. If it is successful, the upward trend will continue to 1.3155 - 1.3163 USD. If GBP drops below the support levels at 1.2878 - 1.2870 USD, it will try to find next support at 1.2795 - 1.2790 USD. In case of breaking down, the downward trend will continue to 1.2736 - 1.2728 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99997 - 1.0028 CHF. This morning the currency pair is trading at 1.0023 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0034 - 1.0037 CHF, the aim will be reaching and testing the zone 1.0045 - 1.0046 CHF. If it is successful, the upward trend will continue to 1.0062 - 1.0065 CHF. If USD drops below the support levels at 1.0008 - 1.0005 CHF, it will try to find next support at 0.9990 - 0.9988 CHF. In case of breaking down, the downward trend will continue to 0.99800 - 0.9977 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1361 USD to 1.1338 USD. This morning the currency pair is trading at 1.1338 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1360 - 1.1363 USD, the aim will be reaching and testing the zone 1.1386 - 1.1387 USD. If it is successful, the trend will continue to 1.1404 - 1.1407 USD. If euro drops below the support levels at 1.1319 - 1.1316 USD, it will try to find next support at 1.1299 - 1.1298 USD. In case of breaking down, the downward trend will continue to 1.1275 - 1.1272 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.