Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13137.3 to 13169.7 points. This morning the index is traded at 13164.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13215.5 - 13219.4 points, the aim will be reaching and testing the zone 13261.4 - 13263.3. If it is successful, the upward trend will continue to 13314.8 - 13318.7 points. If the DAX drops below the support levels at 13120.1 - 13116.2, it will try to find next support at 13064.7 - 13062.8. In case of breaking down, the downward trend will continue to 13020.8 - 13016.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.56 USD to 17.62 USD. This morning it is trading at 17.61 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.72 - 17.75 USD, the aim will be reaching and testing the zone 17.81 - 17.83 USD. If it is successful, the upward trend will continue to 17.98 - 18.02 USD. If the precious metal drops below the support levels at 17.49 - 17.45 USD, it will try to find next support at 17.3 - 17.28 USD. In case of breaking down, the downward trend will continue to 17.23 - 17.19 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1482.66 USD to 1490.18 USD. This morning it is trading at 1490.10 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1495.5 - 1496.19 USD, the aim will be reaching and testing the zone 1500.83 - 1501.17 USD. If it is successful, the upward trend will continue to 1507.51 - 1508.2 USD. If the precious metal drops below the support levels at 1484.18 - 1483.49 USD, it will try to find next support at 1477.15 - 1476.81 USD. In case of breaking down, the downward trend will continue to 1472.17 - 1471.48 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 57.21 USD to 56.37 USD per barrel. This morning they are trading at 56.30 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.23 - 57.43 USD, the aim will be reaching and testing the zone 58.39 - 58.48 USD. If it is successful, the upward trend will continue to 58.96 - 59.15 USD. If the Crude Oil futures drop below the support levels at 55.7 - 55.51 USD, they will try to find next support at 55.03 - 54.94 USD. In case of breaking down, the downward trend will continue to 53.98 - 53.78 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3155 CAD to 1.3180 CAD. This morning the currency pair is trading at 1.3185 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3201 - 1.3206 CAD, the aim will be reaching and testing the zone 1.3223 - 1.3225 CAD. If it is successful, the upward trend will continue to 1.3253 - 1.3258 CAD. If USD drops below the support levels at 1.3154 - 1.315 CAD, it will try to find next support at 1.3121 - 1.3119 CAD. In case of breaking down, the downward trend will continue to 1.3102 - 1.3098 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6892 USD to 0.6883 USD. This morning the currency pair is trading at 0.6877 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6903 - 0.6904 USD, the aim will be reaching and testing the zone 0.6924 - 0.6925 USD. If it is successful, the upward trend will continue to 0.6941 - 0.6943 USD. If Australian dollar drops below the support levels at 0.6865 - 0.6864 USD, it will try to find next support at 0.6847 - 0.6847 USD. In case of breaking down, the downward trend will continue to 0.6827 - 0.6825 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.13 JPY to 108.9660 JPY. This morning the currency pair is trading at 108.92 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.15 - 109.16 JPY, the aim will be reaching and testing the zone 109.35 - 109.35 JPY. If it is successful, the upward trend will continue to 109.52 - 109.53 JPY. If USD drops below the support levels at 108.79 - 108.78 JPY, it will try to find next support at 108.62 - 108.62 JPY. In case of breaking down, the downward trend will continue to 108.43 - 108.42 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2881 USD to 1.2854 USD. This morning the currency pair is trading at 1.2855 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.288 - 1.2886 USD, the aim will be reaching and testing the zone 1.2915 - 1.2918 USD. If it is successful, the upward trend will continue to 1.2934 - 1.2939 USD. If GBP drops below the support levels at 1.2832 - 1.2827 USD, it will try to find next support at 1.2811 - 1.2808 USD. In case of breaking down, the downward trend will continue to 1.2779 - 1.2773 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9926 CHF to 0.9927 CHF. This morning the currency pair is trading at 0.9924 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9939 - 0.9939 CHF, the aim will be reaching and testing the zone 0.9951 - 0.9951 CHF. If it is successful, the upward trend will continue to 0.9963 - 0.9963 CHF. If USD drops below the support levels at 0.9914 - 0.9914 CHF, it will try to find next support at 0.9902 - 0.9902 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 1.1074 USD to 1.1065 USD. This morning the currency pair is trading at 1.1070 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1079 - 1.1084 USD, the aim will be reaching and testing the zone 1.11 - 1.1102 USD. If it is successful, the trend will continue to 1.1107 - 1.1112 USD. If euro drops below the support levels at 1.1055 - 1.1051 USD, it will try to find next support at 1.1046 - 1.1044 USD. In case of breaking down, the downward trend will continue to 1.1027 - 1.1023 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.