Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12184.5 to 12220.4 points. This morning the index is traded at 12229.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12250.2 - 12252.9 points, the aim will be reaching and testing the zone 12279.9 - 12281.3. If it is successful, the upward trend will continue to 12315.2 - 12317.9 points. If the DAX drops below the support levels at 12187.9 - 12185.2, it will try to find next support at 12151.3 - 12149.9. In case of breaking down, the downward trend will continue to 12122.9 - 12120.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.12 USD to 17.99 USD. This morning it is trading at 17.97 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.18 - 18.22 USD, the aim will be reaching and testing the zone 18.43 - 18.45 USD. If it is successful, the upward trend will continue to 18.56 - 18.6 USD. If the precious metal drops below the support levels at 17.84 - 17.8 USD, it will try to find next support at 17.69 - 17.67 USD. In case of breaking down, the downward trend will continue to 17.46 - 17.42 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1506.57 USD to 1498.52 USD. This morning it is trading at 1498.44 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1507.47 - 1510.1 USD, the aim will be reaching and testing the zone 1520.37 - 1521.69 USD. If it is successful, the upward trend will continue to 1525.36 - 1527.99 USD. If the precious metal drops below the support levels at 1492.21 - 1489.58 USD, it will try to find next support at 1485.91 - 1484.59 USD. In case of breaking down, the downward trend will continue to 1474.32 - 1471.69 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures raised their value from 56.70 USD to 58.03 USD per barrel. This morning they are trading at 58.10 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.59 - 58.81 USD, the aim will be reaching and testing the zone 59.15 - 59.26 USD. If it is successful, the upward trend will continue to 60.16 - 60.38 USD. If the Crude Oil futures drop below the support levels at 57.24 - 57.02 USD, they will try to find next support at 56.12 - 56.01 USD. In case of breaking down, the downward trend will continue to 55.67 - 55.45 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3174 CAD to 1.3167 CAD. This morning the currency pair is trading at 1.3166 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3183 - 1.3186 CAD, the aim will be reaching and testing the zone 1.32 - 1.3202 CAD. If it is successful, the upward trend will continue to 1.3223 - 1.3225 CAD. If USD drops below the support levels at 1.3147 - 1.3144 CAD, it will try to find next support at 1.3123 - 1.3122 CAD. In case of breaking down, the downward trend will continue to 1.3108 - 1.3105 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6838 USD to 0.6859 USD. This morning the currency pair is trading at 0.6864 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6877 - 0.6878 USD, the aim will be reaching and testing the zone 0.6896 - 0.6896 USD. If it is successful, the upward trend will continue to 0.6916 - 0.6917 USD. If Australian dollar drops below the support levels at 0.6839 - 0.6838 USD, it will try to find next support at 0.6818 - 0.6818 USD. In case of breaking down, the downward trend will continue to 0.68 - 0.6799 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 106.79 JPY to 107.2260 JPY. This morning the currency pair is trading at 107.21 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.41 - 107.48 JPY, the aim will be reaching and testing the zone 107.6 - 107.63 JPY. If it is successful, the upward trend will continue to 107.92 - 107.99 JPY. If USD drops below the support levels at 106.97 - 106.9 JPY, it will try to find next support at 106.61 - 106.57 JPY. In case of breaking down, the downward trend will continue to 106.46 - 106.39 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2269 USD to 1.2340 USD. This morning the currency pair is trading at 1.2345 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2405 - 1.2416 USD, the aim will be reaching and testing the zone 1.247 - 1.2475 USD. If it is successful, the upward trend will continue to 1.2556 - 1.2567 USD. If GBP drops below the support levels at 1.2265 - 1.2254 USD, it will try to find next support at 1.2173 - 1.2168 USD. In case of breaking down, the downward trend will continue to 1.2114 - 1.2103 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9875 CHF to 0.9920 CHF. This morning the currency pair is trading at 0.9920 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9938 - 0.9946 CHF, the aim will be reaching and testing the zone 0.9956 - 0.996 CHF. If it is successful, the upward trend will continue to 0.999 - 0.9998 CHF. If USD drops below the support levels at 0.9894 - 0.9886 CHF, it will try to find next support at 0.9856 - 0.9852 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 raised its value from 1.1024 USD to 1.1047 USD. This morning the currency pair is trading at 1.1049 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1071 - 1.1073 USD, the aim will be reaching and testing the zone 1.1096 - 1.1097 USD. If it is successful, the trend will continue to 1.1124 - 1.1126 USD. If euro drops below the support levels at 1.102 - 1.1018 USD, it will try to find next support at 1.0991 - 1.099 USD. In case of breaking down, the downward trend will continue to 1.0967 - 1.0966 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.