Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11414.2 to 11406.0 points. This morning the index is traded at 11443.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11547 - 11547.2 points, the aim will be reaching and testing the zone 11688 - 11688.1. If it is successful, the upward trend will continue to 11829.3 - 11829.5 points. If the DAX drops below the support levels at 11264.9 - 11264.7, it will try to find next support at 11123.5 - 11123.4. In case of breaking down, the downward trend will continue to 10982.6 - 10982.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.18 USD to 17.21 USD. This morning it is trading at 17.23 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.35 - 17.35 USD, the aim will be reaching and testing the zone 17.5 - 17.5 USD. If it is successful, the upward trend will continue to 17.63 - 17.64 USD. If the precious metal drops below the support levels at 17.07 - 17.07 USD, it will try to find next support at 16.93 - 16.93 USD. In case of breaking down, the downward trend will continue to 16.79 - 16.78 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1516.21 USD to 1522.72 USD. This morning it is trading at 1521.95 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1530.5 - 1532.31 USD, the aim will be reaching and testing the zone 1538.29 - 1539.19 USD. If it is successful, the upward trend will continue to 1549.68 - 1551.49 USD. If the precious metal drops below the support levels at 1513.13 - 1511.32 USD, it will try to find next support at 1500.83 - 1499.93 USD. In case of breaking down, the downward trend will continue to 1493.95 - 1492.14 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures lowered their value from 54.84 USD to 54.68 USD per barrel. This morning they are trading at 54.83 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 55.4 - 55.46 USD, the aim will be reaching and testing the zone 56.13 - 56.16 USD. If it is successful, the upward trend will continue to 56.96 - 57.02 USD. If the Crude Oil futures drop below the support levels at 53.9 - 53.84 USD, they will try to find next support at 53.04 - 53.01 USD. In case of breaking down, the downward trend will continue to 52.34 - 52.28 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3317 CAD to 1.3312 CAD. This morning the currency pair is trading at 1.3313 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3338 - 1.3338 CAD, the aim will be reaching and testing the zone 1.3364 - 1.3364 CAD. If it is successful, the upward trend will continue to 1.3391 - 1.3391 CAD. If USD drops below the support levels at 1.3285 - 1.3285 CAD, it will try to find next support at 1.3258 - 1.3258 CAD. In case of breaking down, the downward trend will continue to 1.3232 - 1.3232 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6745 USD to 0.6773 USD. This morning the currency pair is trading at 0.6772 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6794 - 0.6797 USD, the aim will be reaching and testing the zone 0.6815 - 0.6817 USD. If it is successful, the upward trend will continue to 0.6842 - 0.6844 USD. If Australian dollar drops below the support levels at 0.6749 - 0.6747 USD, it will try to find next support at 0.6722 - 0.672 USD. In case of breaking down, the downward trend will continue to 0.6702 - 0.6699 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.89 JPY to 106.1100 JPY. This morning the currency pair is trading at 106.14 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 106.65 - 106.69 JPY, the aim will be reaching and testing the zone 107.25 - 107.27 JPY. If it is successful, the upward trend will continue to 107.73 - 107.77 JPY. If USD drops below the support levels at 105.61 - 105.57 JPY, it will try to find next support at 105.11 - 105.09 JPY. In case of breaking down, the downward trend will continue to 104.53 - 104.49 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2052 USD to 1.2087 USD. This morning the currency pair is trading at 1.2091 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2137 - 1.2141 USD, the aim will be reaching and testing the zone 1.2194 - 1.2196 USD. If it is successful, the upward trend will continue to 1.2237 - 1.2241 USD. If GBP drops below the support levels at 1.2041 - 1.2037 USD, it will try to find next support at 1.1996 - 1.1994 USD. In case of breaking down, the downward trend will continue to 1.1941 - 1.1937 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9732 CHF to 0.9760 CHF. This morning the currency pair is trading at 0.9765 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9783 - 0.9787 CHF, the aim will be reaching and testing the zone 0.9807 - 0.9809 CHF. If it is successful, the upward trend will continue to 0.9838 - 0.9842 CHF. If USD drops below the support levels at 0.9733 - 0.9729 CHF, it will try to find next support at 0.97 - 0.9698 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 1.1137 USD to 1.1106 USD. This morning the currency pair is trading at 1.1110 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.114 - 1.1146 USD, the aim will be reaching and testing the zone 1.1182 - 1.1185 USD. If it is successful, the trend will continue to 1.1207 - 1.1213 USD. If euro drops below the support levels at 1.1079 - 1.1072 USD, it will try to find next support at 1.1051 - 1.1048 USD. In case of breaking down, the downward trend will continue to 1.1011 - 1.1005 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.