Analysis

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 10998.7 USD to 11147.0 USD. This morning it is trading at 11212.0 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 11209.5 - 11231.6 USD, the aim will be reaching and testing the zone 11272.1 - 11283.1 USD. If it is successful, the upward trend will continue to 11378.6 - 11400.7 USD. If the precious metal drops below the support levels at 11062.5 - 11040.4 USD, it will try to find next support at 10944.9 - 10933.9 USD. In case of breaking down, the downward trend will continue to 10893.4 - 10871.3 USD.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.67 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 15.93 - 15.95 USD. If the precious metal drops below the support levels at 15.61 - 15.60 USD, it will try to find next support at 15.54 - 15.53 USD. In case of breaking down, the downward trend will continue to 15.44 - 15.43 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1308.02 USD to 1310.43 USD. This morning it is trading at 1309.89 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1314.54 - 1314.56 USD, the aim will be reaching and testing the zone 1318.68 - 1318.69 USD. If it is successful, the upward trend will continue to 1322.76 - 1322.78 USD. If the precious metal drops below the support levels at 1306.34 - 1306.32 USD, it will try to find next support at 1302.25 - 1302.24 USD. In case of breaking down, the downward trend will continue to 1298.12 - 1298.10 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 52.77 USD to 53.69 USD per barrel. This morning they are trading at 53.84 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.50 - 54.55 USD, the aim will be reaching and testing the zone 55.31 - 55.34 USD. If it is successful, the upward trend will continue to 56.23 - 56.29 USD. If the Crude Oil futures drop below the support levels at 52.82 - 52.76 USD, they will try to find next support at 51.86 - 51.83 USD. In case of breaking down, the downward trend will continue to 51.08 - 51.02 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3299 CAD to 1.3234 CAD. This morning the currency pair is trading at 1.3229 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3274 - 1.3287 CAD, the aim will be reaching and testing the zone 1.3334 - 1.3340 CAD. If it is successful, the upward trend will continue to 1.3355 - 1.3368 CAD. If USD drops below the support levels at 1.3207 - 1.3194 CAD, it will try to find next support at 1.3179 - 1.3173 CAD. In case of breaking down, the downward trend will continue to 1.3126 - 1.3113 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7061 USD to 0.7093 USD. This morning the currency pair is trading at 0.7102 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7112 - 0.7118 USD, the aim will be reaching and testing the zone 0.7132 - 0.7134 USD. If it is successful, the upward trend will continue to 0.7162 - 0.7167 USD. If Australian dollar drops below the support levels at 0.7069 - 0.7063 USD, it will try to find next support at 0.7036 - 0.7033 USD. In case of breaking down, the downward trend will continue to 0.7019 - 0.7014 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.36 JPY to 110.4640 JPY. This morning the currency pair is trading at 110.50 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.62 - 110.63 JPY, the aim will be reaching and testing the zone 110.78 - 110.79 JPY. If it is successful, the upward trend will continue to 110.92 - 110.93 JPY. If USD drops below the support levels at 110.32 - 110.31 JPY, it will try to find next support at 110.17 - 110.16 JPY. In case of breaking down, the downward trend will continue to 110.01 - 110.00 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2851 USD to 1.2890 USD. This morning the currency pair is trading at 1.2890 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2921 - 1.2928 USD, the aim will be reaching and testing the zone 1.2953 - 1.2956 USD. If it is successful, the upward trend will continue to 1.2998 - 1.3004 USD. If GBP drops below the support levels at 1.2851 - 1.2845 USD, it will try to find next support at 1.2804 - 1.2800 USD. In case of breaking down, the downward trend will continue to 1.2775 - 1.2769 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0037 CHF to 1.0064 CHF. This morning the currency pair is trading at 1.0061 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0093 - 1.0094 CHF, the aim will be reaching and testing the zone 1.0122 - 1.0122 CHF. If it is successful, the upward trend will continue to 1.0152 - 1.0152 CHF. If USD drops below the support levels at 1.0035 - 1.0034 CHF, it will try to find next support at 1.0005 - 1.0004 CHF. In case of breaking down, the downward trend will continue to 0.9976 - 0.9976 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1275 USD to 1.1324 USD. This morning the currency pair is trading at 1.1332 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1357 - 1.1365 USD, the aim will be reaching and testing the zone 1.1389 - 1.1393 USD. If it is successful, the trend will continue to 1.1439 - 1.1447 USD. If euro drops below the support levels at 1.1283 - 1.1275 USD, it will try to find next support at 1.1229 - 1.1225 USD. In case of breaking down, the downward trend will continue to 1.1201 - 1.1193 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.