Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX raised its value from 11591.9 to 11686.6 points. This morning the index is traded at 11675.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11746.8 - 11760.2 points, the aim will be reaching and testing the zone 11807 - 11813.7. If it is successful, the upward trend will continue to 11894 - 11907.4 points. If the DAX drops below the support levels at 11613 - 11599.6, it will try to find next support at 11519.3 - 11512.6. In case of breaking down, the downward trend will continue to 11465.8 - 11452.4 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 15.17 USD to 15.27 USD. This morning it is trading at 15.23 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.38 - 15.38 USD, the aim will be reaching and testing the zone 15.49 - 15.49 USD. If it is successful, the upward trend will continue to 15.61 - 15.61 USD. If the precious metal drops below the support levels at 15.15 - 15.15 USD, it will try to find next support at 15.03 - 15.03 USD. In case of breaking down, the downward trend will continue to 14.92 - 14.92 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold raised its value from 1296.06 USD to 1302.10 USD. This morning it is trading at 1300.49 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1307.61 - 1308.29 USD, the aim will be reaching and testing the zone 1313.12 - 1313.46 USD. If it is successful, the upward trend will continue to 1319.99 - 1320.67 USD. If the precious metal drops below the support levels at 1295.91 - 1295.23 USD, it will try to find next support at 1288.7 - 1288.36 USD. In case of breaking down, the downward trend will continue to 1283.53 - 1282.85 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the March Crude Oil futures lowered their value from 58.80 USD to 58.70 USD per barrel. This morning they are trading at 58.73 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 59.27 - 59.3 USD, the aim will be reaching and testing the zone 59.85 - 59.87 USD. If it is successful, the upward trend will continue to 60.48 - 60.51 USD. If the Crude Oil futures drop below the support levels at 58.09 - 58.06 USD, they will try to find next support at 57.45 - 57.43 USD. In case of breaking down, the downward trend will continue to 56.88 - 56.85 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar raised its value from 1.3330 CAD to 1.3333 CAD. This morning the currency pair is trading at 1.3341 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3373 - 1.3374 CAD, the aim will be reaching and testing the zone 1.3412 - 1.3413 CAD. If it is successful, the upward trend will continue to 1.3455 - 1.3456 CAD. If USD drops below the support levels at 1.3292 - 1.3291 CAD, it will try to find next support at 1.3249 - 1.3249 CAD. In case of breaking down, the downward trend will continue to 1.321 - 1.3209 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.7064 USD to 0.7080 USD. This morning the currency pair is trading at 0.7081 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7098 - 0.7098 USD, the aim will be reaching and testing the zone 0.7115 - 0.7115 USD. If it is successful, the upward trend will continue to 0.7134 - 0.7135 USD. If Australian dollar drops below the support levels at 0.7062 - 0.7061 USD, it will try to find next support at 0.7043 - 0.7043 USD. In case of breaking down, the downward trend will continue to 0.7026 - 0.7025 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 111.65 JPY to 111.4340 JPY. This morning the currency pair is trading at 111.54 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.69 - 111.76 JPY, the aim will be reaching and testing the zone 112.05 - 112.09 JPY. If it is successful, the upward trend will continue to 112.22 - 112.28 JPY. If USD drops below the support levels at 111.24 - 111.17 JPY, it will try to find next support at 111.04 - 111.01 JPY. In case of breaking down, the downward trend will continue to 110.72 - 110.65 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.3258 USD to 1.3285 USD. This morning the currency pair is trading at 1.3296 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3322 - 1.3333 USD, the aim will be reaching and testing the zone 1.3359 - 1.3365 USD. If it is successful, the upward trend will continue to 1.342 - 1.3431 USD. If GBP drops below the support levels at 1.3236 - 1.3224 USD, it will try to find next support at 1.317 - 1.3164 USD. In case of breaking down, the downward trend will continue to 1.3138 - 1.3127 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 1.0037 CHF to 1.0020 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 1.0041 - 1.0044 CHF, the aim will be reaching and testing the zone 1.0067 - 1.0069 CHF. If it is successful, the upward trend will continue to 1.0082 - 1.0086 CHF. If USD drops below the support levels at 1.0003 - 0.9999 CHF, it will try to find next support at 0.9985 - 0.9984 CHF. In case of breaking down, the downward trend will continue to 0.9961 - 0.9957 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro raised its value from 1.1304 USD to 1.1323 USD. This morning the currency pair is trading at 1.1319 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1345 - 1.1345 USD, the aim will be reaching and testing the zone 1.1366 - 1.1367 USD. If it is successful, the trend will continue to 1.1389 - 1.139 USD. If euro drops below the support levels at 1.1301 - 1.1301 USD, it will try to find next support at 1.1278 - 1.1278 USD. In case of breaking down, the downward trend will continue to 1.1257 - 1.1256 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.