Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11632.4 to 11791.7 points. This morning the index is traded at 11803.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11907.2 - 11941.9 points, the aim will be reaching and testing the zone 12022.8 - 12040.1. If it is successful, the upward trend will continue to 12207.5 - 12242.2 points. If the DAX drops below the support levels at 11641.6 - 11606.9, it will try to find next support at 11439.5 - 11422.2. In case of breaking down, the downward trend will continue to 11341.3 - 11306.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.04 USD to 16.93 USD. This morning it is trading at 16.95 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.42 - 17.44 USD, the aim will be reaching and testing the zone 17.93 - 17.94 USD. If it is successful, the upward trend will continue to 18.39 - 18.41 USD. If the precious metal drops below the support levels at 16.47 - 16.45 USD, it will try to find next support at 16 - 15.99 USD. In case of breaking down, the downward trend will continue to 15.5 - 15.48 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1510.66 USD to 1501.08 USD. This morning it is trading at 1501.43 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1528.62 - 1530.69 USD, the aim will be reaching and testing the zone 1559.27 - 1560.31 USD. If it is successful, the upward trend will continue to 1583.7 - 1585.77 USD. If the precious metal drops below the support levels at 1475.61 - 1473.54 USD, it will try to find next support at 1450.15 - 1449.11 USD. In case of breaking down, the downward trend will continue to 1420.53 - 1418.46 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures raised their value from 54.97 USD to 56.69 USD per barrel. This morning they are trading at 56.65 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58 - 58.31 USD, the aim will be reaching and testing the zone 59.31 - 59.47 USD. If it is successful, the upward trend will continue to 61.26 - 61.57 USD. If the Crude Oil futures drop below the support levels at 55.06 - 54.74 USD, they will try to find next support at 52.96 - 52.8 USD. In case of breaking down, the downward trend will continue to 51.8 - 51.49 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3237 CAD to 1.3220 CAD. This morning the currency pair is trading at 1.3221 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3274 - 1.328 CAD, the aim will be reaching and testing the zone 1.3337 - 1.334 CAD. If it is successful, the upward trend will continue to 1.3383 - 1.3389 CAD. If USD drops below the support levels at 1.3172 - 1.3166 CAD, it will try to find next support at 1.3123 - 1.312 CAD. In case of breaking down, the downward trend will continue to 1.3063 - 1.3058 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6749 USD to 0.6797 USD. This morning the currency pair is trading at 0.6795 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6829 - 0.6835 USD, the aim will be reaching and testing the zone 0.686 - 0.6863 USD. If it is successful, the upward trend will continue to 0.6904 - 0.691 USD. If Australian dollar drops below the support levels at 0.676 - 0.6754 USD, it will try to find next support at 0.6713 - 0.671 USD. In case of breaking down, the downward trend will continue to 0.6685 - 0.6679 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.26 JPY to 106.7360 JPY. This morning the currency pair is trading at 106.61 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.45 - 107.69 JPY, the aim will be reaching and testing the zone 108.17 - 108.29 JPY. If it is successful, the upward trend will continue to 109.36 - 109.61 JPY. If USD drops below the support levels at 105.78 - 105.54 JPY, it will try to find next support at 104.46 - 104.34 JPY. In case of breaking down, the downward trend will continue to 103.87 - 103.62 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2072 USD to 1.2056 USD. This morning the currency pair is trading at 1.2058 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2084 - 1.2089 USD, the aim will be reaching and testing the zone 1.2119 - 1.2121 USD. If it is successful, the upward trend will continue to 1.214 - 1.2145 USD. If GBP drops below the support levels at 1.2033 - 1.2028 USD, it will try to find next support at 1.2009 - 1.2007 USD. In case of breaking down, the downward trend will continue to 1.1977 - 1.1972 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9691 CHF to 0.9764 CHF. This morning the currency pair is trading at 0.9760 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9801 - 0.9818 CHF, the aim will be reaching and testing the zone 0.9838 - 0.9847 CHF. If it is successful, the upward trend will continue to 0.9909 - 0.9926 CHF. If USD drops below the support levels at 0.9709 - 0.9692 CHF, it will try to find next support at 0.963 - 0.9621 CHF. In case of breaking down, the downward trend will continue to 0.9864 - 0.9861 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1213 USD to 1.1170 USD. This morning the currency pair is trading at 1.1173 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1199 - 1.1209 USD, the aim will be reaching and testing the zone 1.1243 - 1.1248 USD. If it is successful, the trend will continue to 1.1258 - 1.1267 USD. If euro drops below the support levels at 1.115 - 1.1141 USD, it will try to find next support at 1.1131 - 1.1126 USD. In case of breaking down, the downward trend will continue to 1.1092 - 1.1082 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. 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.