Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11800.7 to 11431.0 points. This morning the index is traded at 11410.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11622.6 - 11686 points, the aim will be reaching and testing the zone 11909.2 - 11940.9. If it is successful, the upward trend will continue to 12005.7 - 12069.1 points. If the DAX drops below the support levels at 11302.9 - 11239.5, it will try to find next support at 11174.7 - 11143. In case of breaking down, the downward trend will continue to 10919.8 - 10856.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.95 USD to 17.21 USD. This morning it is trading at 17.19 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.39 - 17.44 USD, the aim will be reaching and testing the zone 17.56 - 17.59 USD. If it is successful, the upward trend will continue to 17.84 - 17.88 USD. If the precious metal drops below the support levels at 16.99 - 16.94 USD, it will try to find next support at 16.69 - 16.67 USD. In case of breaking down, the downward trend will continue to 16.54 - 16.49 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1501.33 USD to 1515.91 USD. This morning it is trading at 1517.34 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1528.5 - 1530.83 USD, the aim will be reaching and testing the zone 1541.08 - 1542.25 USD. If it is successful, the upward trend will continue to 1558.33 - 1560.66 USD. If the precious metal drops below the support levels at 1501 - 1498.67 USD, it will try to find next support at 1482.59 - 1481.42 USD. In case of breaking down, the downward trend will continue to 1471.17 - 1468.84 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures lowered their value from 56.71 USD to 54.91 USD per barrel. This morning they are trading at 54.72 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 56.32 - 56.49 USD, the aim will be reaching and testing the zone 57.99 - 58.07 USD. If it is successful, the upward trend will continue to 59.16 - 59.33 USD. If the Crude Oil futures drop below the support levels at 53.65 - 53.49 USD, they will try to find next support at 52.4 - 52.32 USD. In case of breaking down, the downward trend will continue to 50.82 - 50.65 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3220 CAD to 1.3317 CAD. This morning the currency pair is trading at 1.3315 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3358 - 1.3375 CAD, the aim will be reaching and testing the zone 1.3399 - 1.3407 CAD. If it is successful, the upward trend will continue to 1.3473 - 1.349 CAD. If USD drops below the support levels at 1.326 - 1.3243 CAD, it will try to find next support at 1.3177 - 1.3169 CAD. In case of breaking down, the downward trend will continue to 1.3145 - 1.3128 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6797 USD to 0.6746 USD. This morning the currency pair is trading at 0.6749 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6782 - 0.6791 USD, the aim will be reaching and testing the zone 0.6831 - 0.6835 USD. If it is successful, the upward trend will continue to 0.6855 - 0.6863 USD. If Australian dollar drops below the support levels at 0.6718 - 0.671 USD, it will try to find next support at 0.669 - 0.6686 USD. In case of breaking down, the downward trend will continue to 0.6645 - 0.6637 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 106.73 JPY to 105.8960 JPY. This morning the currency pair is trading at 105.79 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 106.45 - 106.56 JPY, the aim will be reaching and testing the zone 107.17 - 107.22 JPY. If it is successful, the upward trend will continue to 107.57 - 107.67 JPY. If USD drops below the support levels at 105.44 - 105.34 JPY, it will try to find next support at 104.98 - 104.93 JPY. In case of breaking down, the downward trend will continue to 104.32 - 104.22 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2054 USD to 1.2052 USD. This morning the currency pair is trading at 1.2059 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.208 - 1.2086 USD, the aim will be reaching and testing the zone 1.2118 - 1.2121 USD. If it is successful, the upward trend will continue to 1.2136 - 1.2143 USD. If GBP drops below the support levels at 1.203 - 1.2024 USD, it will try to find next support at 1.2009 - 1.2005 USD. In case of breaking down, the downward trend will continue to 1.1974 - 1.1967 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9765 CHF to 0.9731 CHF. This morning the currency pair is trading at 0.9729 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9763 - 0.9765 CHF, the aim will be reaching and testing the zone 0.9799 - 0.98 CHF. If it is successful, the upward trend will continue to 0.9828 - 0.983 CHF. If USD drops below the support levels at 0.97 - 0.9698 CHF, it will try to find next support at 0.967 - 0.9669 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 1.1170 USD to 1.1138 USD. This morning the currency pair is trading at 1.1143 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1168 - 1.1175 USD, the aim will be reaching and testing the zone 1.1209 - 1.1213 USD. If it is successful, the trend will continue to 1.1228 - 1.1235 USD. If euro drops below the support levels at 1.1115 - 1.1107 USD, it will try to find next support at 1.1092 - 1.1089 USD. In case of breaking down, the downward trend will continue to 1.1055 - 1.1047 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.