Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX lowered its value from 11013.4 to 10954.5 points. This morning the index is traded at 10960.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11046.7 - 11046.7 points, the aim will be reaching and testing the zone 11138.8 - 11138.9. If it is successful, the upward trend will continue to 11231.1 - 11231.1 points. If the DAX drops below the support levels at 10862.3 - 10862.3, it will try to find next support at 10770.1 - 10770.0. In case of breaking down, the downward trend will continue to 10677.9 - 10677.9 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 15.70 USD to 15.81 USD. This morning it is trading at 15.79 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.89 - 15.91 USD, the aim will be reaching and testing the zone 15.97 - 15.98 USD. If it is successful, the upward trend will continue to 16.09 - 16.12 USD. If the precious metal drops below the support levels at 15.71 - 15.68 USD, it will try to find next support at 15.57 - 15.56 USD. In case of breaking down, the downward trend will continue to 15.50 - 15.48 USD.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 15.70 USD to 15.81 USD. This morning it is trading at 15.79 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.89 - 15.91 USD, the aim will be reaching and testing the zone 15.97 - 15.98 USD. If it is successful, the upward trend will continue to 16.09 - 16.12 USD. If the precious metal drops below the support levels at 15.71 - 15.68 USD, it will try to find next support at 15.57 - 15.56 USD. In case of breaking down, the downward trend will continue to 15.50 - 15.48 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold raised its value from 1309.95 USD to 1313.69 USD. This morning it is trading at 1313.48 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1316.92 - 1317.62 USD, the aim will be reaching and testing the zone 1320.14 - 1320.49 USD. If it is successful, the upward trend will continue to 1324.77 - 1325.47 USD. If the precious metal drops below the support levels at 1309.77 - 1309.07 USD, it will try to find next support at 1304.79 - 1304.44 USD. In case of breaking down, the downward trend will continue to 1301.92 - 1301.22 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the February Crude Oil futures raised their value from 52.59 USD to 52.69 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 53.08 - 53.14 USD, the aim will be reaching and testing the zone 53.48 - 53.51 USD. If it is successful, the upward trend will continue to 53.99 - 54.05 USD. If the Crude Oil futures drop below the support levels at 52.23 - 52.17 USD, they will try to find next support at 51.69 - 51.66 USD. In case of breaking down, the downward trend will continue to 51.32 - 51.26 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3305 CAD to 1.3276 CAD. This morning the currency pair is trading at 1.3275 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3324 - 1.3325 CAD, the aim will be reaching and testing the zone 1.3374 - 1.3374 CAD. If it is successful, the upward trend will continue to 1.3420 - 1.3421 CAD. If USD drops below the support levels at 1.3229 - 1.3228 CAD, it will try to find next support at 1.3182 - 1.3182 CAD. In case of breaking down, the downward trend will continue to 1.3133 - 1.3132 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar lowered its value from 0.7099 USD to 0.7086 USD. This morning the currency pair is trading at 0.7098 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7107 - 0.7109 USD, the aim will be reaching and testing the zone 0.7128 - 0.7129 USD. If it is successful, the upward trend will continue to 0.7152 - 0.7154 USD. If Australian dollar drops below the support levels at 0.7064 - 0.7062 USD, it will try to find next support at 0.7039 - 0.7038 USD. In case of breaking down, the downward trend will continue to 0.7019 - 0.7017 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 109.79 JPY to 109.7410 JPY. This morning the currency pair is trading at 109.81 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.87 - 109.87 JPY, the aim will be reaching and testing the zone 110.00 - 110.01 JPY. If it is successful, the upward trend will continue to 110.12 - 110.13 JPY. If USD drops below the support levels at 109.62 - 109.61 JPY, it will try to find next support at 109.50 - 109.50 JPY. In case of breaking down, the downward trend will continue to 109.37 - 109.36 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound lowered its value from 1.2950 USD to 1.2942 USD. This morning the currency pair is trading at 1.2935 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2969 - 1.2971 USD, the aim will be reaching and testing the zone 1.2999 - 1.3000 USD. If it is successful, the upward trend will continue to 1.3024 - 1.3026 USD. If GBP drops below the support levels at 1.2916 - 1.2914 USD, it will try to find next support at 1.2891 - 1.2890 USD. In case of breaking down, the downward trend will continue to 1.2862 - 1.2859 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 1.0020 CHF to 1.0000 CHF. This morning the currency pair is trading at 0.9993 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0016 - 1.0020 CHF, the aim will be reaching and testing the zone 1.0037 - 1.0039 CHF. If it is successful, the upward trend will continue to 1.0048 - 1.0051 CHF. If USD drops below the support levels at 0.9988 - 0.9984 CHF, it will try to find next support at 0.9976 - 0.9974 CHF. In case of breaking down, the downward trend will continue to 0.9956 - 0.9953 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro lowered its value from 1.1339 USD to 1.1320 USD. This morning the currency pair is trading at 1.1323 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1335 - 1.1340 USD, the aim will be reaching and testing the zone 1.1358 - 1.1360 USD. If it is successful, the trend will continue to 1.1366 - 1.1371 USD. If euro drops below the support levels at 1.1310 - 1.1305 USD, it will try to find next support at 1.1300 - 1.1298 USD. In case of breaking down, the downward trend will continue to 1.1280 - 1.1275 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.