Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13174.3 to 13269.8 points. This morning the index is traded at 13280.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13327.5 - 13340.4 points, the aim will be reaching and testing the zone 13385.1 - 13391.6. If it is successful, the upward trend will continue to 13468.7 - 13481.6 points. If the DAX drops below the support levels at 13199.2 - 13186.3, it will try to find next support at 13109.2 - 13102.7. In case of breaking down, the downward trend will continue to 13058 - 13045.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.61 USD to 17.10 USD. This morning it is trading at 17.11 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.46 - 17.52 USD, the aim will be reaching and testing the zone 17.91 - 17.95 USD. If it is successful, the upward trend will continue to 18.17 - 18.23 USD. If the precious metal drops below the support levels at 16.81 - 16.75 USD, it will try to find next support at 16.53 - 16.49 USD. In case of breaking down, the downward trend will continue to 16.1 - 16.04 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1489.75 USD to 1468.11 USD. This morning it is trading at 1468.57 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1483.97 - 1486.69 USD, the aim will be reaching and testing the zone 1503.91 - 1505.28 USD. If it is successful, the upward trend will continue to 1515.68 - 1518.4 USD. If the precious metal drops below the support levels at 1454.98 - 1452.26 USD, it will try to find next support at 1441.86 - 1440.49 USD. In case of breaking down, the downward trend will continue to 1423.27 - 1420.55 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 56.36 USD to 57.05 USD per barrel. This morning they are trading at 56.94 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.84 - 57.85 USD, the aim will be reaching and testing the zone 58.64 - 58.64 USD. If it is successful, the upward trend will continue to 59.43 - 59.44 USD. If the Crude Oil futures drop below the support levels at 56.26 - 56.25 USD, they will try to find next support at 55.46 - 55.46 USD. In case of breaking down, the downward trend will continue to 54.67 - 54.66 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3180 CAD to 1.3173 CAD. This morning the currency pair is trading at 1.3174 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3192 - 1.3194 CAD, the aim will be reaching and testing the zone 1.3213 - 1.3214 CAD. If it is successful, the upward trend will continue to 1.3229 - 1.3231 CAD. If USD drops below the support levels at 1.3156 - 1.3155 CAD, it will try to find next support at 1.3139 - 1.3138 CAD. In case of breaking down, the downward trend will continue to 1.3119 - 1.3117 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6882 USD to 0.6897 USD. This morning the currency pair is trading at 0.6899 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6919 - 0.6923 USD, the aim will be reaching and testing the zone 0.6942 - 0.6944 USD. If it is successful, the upward trend will continue to 0.6971 - 0.6974 USD. If Australian dollar drops below the support levels at 0.6871 - 0.6867 USD, it will try to find next support at 0.684 - 0.6838 USD. In case of breaking down, the downward trend will continue to 0.6819 - 0.6816 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.96 JPY to 109.2730 JPY. This morning the currency pair is trading at 109.27 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.62 - 109.69 JPY, the aim will be reaching and testing the zone 109.97 - 110.01 JPY. If it is successful, the upward trend will continue to 110.46 - 110.53 JPY. If USD drops below the support levels at 108.85 - 108.78 JPY, it will try to find next support at 108.33 - 108.29 JPY. In case of breaking down, the downward trend will continue to 108.01 - 107.94 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2853 USD to 1.2809 USD. This morning the currency pair is trading at 1.2820 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2851 - 1.286 USD, the aim will be reaching and testing the zone 1.2906 - 1.2911 USD. If it is successful, the upward trend will continue to 1.2935 - 1.2944 USD. If GBP drops below the support levels at 1.2775 - 1.2766 USD, it will try to find next support at 1.2742 - 1.2738 USD. In case of breaking down, the downward trend will continue to 1.2691 - 1.2682 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9925 CHF to 0.9945 CHF. This morning the currency pair is trading at 0.9947 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9976 - 0.9976 CHF, the aim will be reaching and testing the zone 1.0007 - 1.0007 CHF. If it is successful, the upward trend will continue to 1.0039 - 1.004 CHF. If USD drops below the support levels at 0.9913 - 0.9912 CHF, it will try to find next support at 0.988 - 0.9879 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 1.1063 USD to 1.1049 USD. This morning the currency pair is trading at 1.1052 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1077 - 1.1082 USD, the aim will be reaching and testing the zone 1.1112 - 1.1114 USD. If it is successful, the trend will continue to 1.1133 - 1.1138 USD. If euro drops below the support levels at 1.1026 - 1.1021 USD, it will try to find next support at 1.1003 - 1.1 USD. In case of breaking down, the downward trend will continue to 1.097 - 1.0965 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.