Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11601.0 to 11593.8 points. This morning the index is traded at 11592.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11641 - 11643.2 points, the aim will be reaching and testing the zone 11688.2 - 11689.3. If it is successful, the upward trend will continue to 11739.7 - 11741.9 points. If the DAX drops below the support levels at 11544.5 - 11542.3, it will try to find next support at 11491.9 - 11490.8. In case of breaking down, the downward trend will continue to 11445.8 - 11443.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.43 USD to 15.18 USD. This morning it is trading at 15.15 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.34 - 15.37 USD, the aim will be reaching and testing the zone 15.54 - 15.56 USD. If it is successful, the upward trend will continue to 15.66 - 15.69 USD. If the precious metal drops below the support levels at 15.05 - 15.02 USD, it will try to find next support at 14.91 - 14.9 USD. In case of breaking down, the downward trend will continue to 14.72 - 14.69 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1308.80 USD to 1295.75 USD. This morning it is trading at 1295.97 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1304.47 - 1306.37 USD, the aim will be reaching and testing the zone 1316.04 - 1316.99 USD. If it is successful, the upward trend will continue to 1321.91 - 1323.81 USD. If the precious metal drops below the support levels at 1288.93 - 1287.03 USD, it will try to find next support at 1282.11 - 1281.16 USD. In case of breaking down, the downward trend will continue to 1271.49 - 1269.59 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the March Crude Oil futures raised their value from 58.63 USD to 58.82 USD per barrel. This morning they are trading at 58.81 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 59.14 - 59.19 USD, the aim will be reaching and testing the zone 59.46 - 59.48 USD. If it is successful, the upward trend will continue to 59.88 - 59.93 USD. If the Crude Oil futures drop below the support levels at 58.45 - 58.4 USD, they will try to find next support at 58 - 57.98 USD. In case of breaking down, the downward trend will continue to 57.71 - 57.66 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3297 CAD to 1.3330 CAD. This morning the currency pair is trading at 1.3324 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3356 - 1.336 CAD, the aim will be reaching and testing the zone 1.3381 - 1.3383 CAD. If it is successful, the upward trend will continue to 1.3416 - 1.3421 CAD. If USD drops below the support levels at 1.33 - 1.3295 CAD, it will try to find next support at 1.3263 - 1.326 CAD. In case of breaking down, the downward trend will continue to 1.324 - 1.3235 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7091 USD to 0.7064 USD. This morning the currency pair is trading at 0.7066 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7092 - 0.7093 USD, the aim will be reaching and testing the zone 0.7122 - 0.7123 USD. If it is successful, the upward trend will continue to 0.7148 - 0.7149 USD. If Australian dollar drops below the support levels at 0.7037 - 0.7036 USD, it will try to find next support at 0.7011 - 0.701 USD. In case of breaking down, the downward trend will continue to 0.6981 - 0.698 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 111.27 JPY to 111.6500 JPY. This morning the currency pair is trading at 111.75 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.94 - 112 JPY, the aim will be reaching and testing the zone 112.23 - 112.26 JPY. If it is successful, the upward trend will continue to 112.63 - 112.69 JPY. If USD drops below the support levels at 111.3 - 111.25 JPY, it will try to find next support at 110.87 - 110.85 JPY. In case of breaking down, the downward trend will continue to 110.61 - 110.56 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3315 USD to 1.3258 USD. This morning the currency pair is trading at 1.3256 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.332 - 1.3323 USD, the aim will be reaching and testing the zone 1.3387 - 1.3389 USD. If it is successful, the upward trend will continue to 1.3444 - 1.3448 USD. If GBP drops below the support levels at 1.3199 - 1.3195 USD, it will try to find next support at 1.314 - 1.3138 USD. In case of breaking down, the downward trend will continue to 1.3074 - 1.3071 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0035 CHF to 1.0037 CHF. This morning the currency pair is trading at 1.0035 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0048 - 1.0049 CHF, the aim will be reaching and testing the zone 1.006 - 1.0061 CHF. If it is successful, the upward trend will continue to 1.007 - 1.0071 CHF. If USD drops below the support levels at 1.0027 - 1.0026 CHF, it will try to find next support at 1.0017 - 1.0016 CHF. In case of breaking down, the downward trend will continue to 1.0005 - 1.0004 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1330 USD to 1.1304 USD. This morning the currency pair is trading at 1.1306 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1325 - 1.1329 USD, the aim will be reaching and testing the zone 1.1353 - 1.1355 USD. If it is successful, the trend will continue to 1.1369 - 1.1373 USD. If euro drops below the support levels at 1.1286 - 1.1282 USD, it will try to find next support at 1.1268 - 1.1266 USD. In case of breaking down, the downward trend will continue to 1.1242 - 1.1238 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.

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.
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.