Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 10960.5 to 11010.7 points. This morning the index is traded at 11122.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11061.1 - 11070.3 points, the aim will be reaching and testing the zone 11111.5 - 11116.1. If it is successful, the upward trend will continue to 11180.2 - 11189.4 points. If the DAX drops below the support levels at 10951.2 - 10942.0, it will try to find next support at 10877.9 - 10873.3. In case of breaking down, the downward trend will continue to 10832.1 - 10822.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.78 USD to 15.68 USD. This morning it is trading at 15.67 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.76 - 15.78 USD, the aim will be reaching and testing the zone 15.87 - 15.88 USD. If it is successful, the upward trend will continue to 15.92 - 15.94 USD. If the precious metal drops below the support levels at 15.61 - 15.60 USD, it will try to find next support at 15.55 - 15.54 USD. In case of breaking down, the downward trend will continue to 15.45 - 15.44 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1313.84 USD to 1308.01 USD. This morning it is trading at 1307.55 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1313.56 - 1313.94 USD, the aim will be reaching and testing the zone 1319.68 - 1319.86 USD. If it is successful, the upward trend will continue to 1324.66 - 1325.04 USD. If the precious metal drops below the support levels at 1302.84 - 1302.46 USD, it will try to find next support at 1297.66 - 1297.48 USD. In case of breaking down, the downward trend will continue to 1291.74 - 1291.36 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 52.65 USD to 52.78 USD per barrel. This morning they are trading at 52.78 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 53.31 - 53.56 USD, the aim will be reaching and testing the zone 53.84 - 53.97 USD. If it is successful, the upward trend will continue to 54.88 - 55.14 USD. If the Crude Oil futures drop below the support levels at 51.99 - 51.73 USD, they will try to find next support at 50.82 - 50.69 USD. In case of breaking down, the downward trend will continue to 50.41 - 50.16 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3268 CAD to 1.3299 CAD. This morning the currency pair is trading at 1.3302 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3324 - 1.3327 CAD, the aim will be reaching and testing the zone 1.3349 - 1.3351 CAD. If it is successful, the upward trend will continue to 1.3381 - 1.3384 CAD. If USD drops below the support levels at 1.3270 - 1.3267 CAD, it will try to find next support at 1.3237 - 1.3236 CAD. In case of breaking down, the downward trend will continue to 1.3214 - 1.3210 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7085 USD to 0.7061 USD. This morning the currency pair is trading at 0.7061 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7086 - 0.7093 USD, the aim will be reaching and testing the zone 0.7121 - 0.7125 USD. If it is successful, the upward trend will continue to 0.7136 - 0.7143 USD. If Australian dollar drops below the support levels at 0.7042 - 0.7035 USD, it will try to find next support at 0.7024 - 0.7020 USD. In case of breaking down, the downward trend will continue to 0.6992 - 0.6985 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.75 JPY to 110.35 JPY. This morning the currency pair is trading at 110.39 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.64 - 110.73 JPY, the aim will be reaching and testing the zone 110.92 - 110.97 JPY. If it is successful, the upward trend will continue to 111.38 - 111.47 JPY. If USD drops below the support levels at 109.99 - 109.90 JPY, it will try to find next support at 109.48 - 109.44 JPY. In case of breaking down, the downward trend will continue to 109.25 - 109.16 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2930 USD to 1.2853 USD. This morning the currency pair is trading at 1.2862 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2899 - 1.2912 USD, the aim will be reaching and testing the zone 1.2966 - 1.2972 USD. If it is successful, the upward trend will continue to 1.2993 - 1.3006 USD. If GBP drops below the support levels at 1.2819 - 1.2806 USD, it will try to find next support at 1.2785 - 1.2778 USD. In case of breaking down, the downward trend will continue to 1.2725 - 1.2712 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0003 CHF to 1.0038 CHF. This morning the currency pair is trading at 1.0040 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0095 - 1.0096 CHF, the aim will be reaching and testing the zone 1.0153 - 1.0154 CHF. If it is successful, the upward trend will continue to 1.0208 - 1.0209 CHF. If USD drops below the support levels at 0.9983 - 0.9981 CHF, it will try to find next support at 0.9927 - 0.9927 CHF. In case of breaking down, the downward trend will continue to 0.9869 - 0.9868 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1317 USD to 1.1275 USD. This morning the currency pair is trading at 1.1277 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1306 - 1.1314 USD, the aim will be reaching and testing the zone 1.1349 - 1.1353 USD. If it is successful, the trend will continue to 1.1369 - 1.1376 USD. If euro drops below the support levels at 1.1251 - 1.1244 USD, it will try to find next support at 1.1228 - 1.1224 USD. In case of breaking down, the downward trend will continue to 1.1189 - 1.1181 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.