Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13245.8 to 13198.0 points. This morning the index is traded at 13205.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13257.9 - 13263.7 points, the aim will be reaching and testing the zone 13326.5 - 13329.4. If it is successful, the upward trend will continue to 13377.6 - 13383.4 points. If the DAX drops below the support levels at 13144 - 13138.2, it will try to find next support at 13090 - 13087.1. In case of breaking down, the downward trend will continue to 13024.3 - 13018.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.95 USD to 17.01 USD. This morning it is trading at 16.99 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.11 - 17.12 USD, the aim will be reaching and testing the zone 17.21 - 17.22 USD. If it is successful, the upward trend will continue to 17.34 - 17.35 USD. If the precious metal drops below the support levels at 16.9 - 16.89 USD, it will try to find next support at 16.78 - 16.77 USD. In case of breaking down, the downward trend will continue to 16.68 - 16.67 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1463.39 USD to 1471.08 USD. This morning it is trading at 1469.31 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1476.73 - 1477.84 USD, the aim will be reaching and testing the zone 1482.37 - 1482.93 USD. If it is successful, the upward trend will continue to 1490.24 - 1491.35 USD. If the precious metal drops below the support levels at 1464.33 - 1463.22 USD, it will try to find next support at 1455.91 - 1455.35 USD. In case of breaking down, the downward trend will continue to 1450.82 - 1449.71 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 57.41 USD to 56.98 USD per barrel. This morning they are trading at 57.06 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.52 - 57.62 USD, the aim will be reaching and testing the zone 58.21 - 58.26 USD. If it is successful, the upward trend will continue to 58.6 - 58.7 USD. If the Crude Oil futures drop below the support levels at 56.54 - 56.44 USD, they will try to find next support at 56.1 - 56.05 USD. In case of breaking down, the downward trend will continue to 55.46 - 55.36 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3249 CAD to 1.3247 CAD. This morning the currency pair is trading at 1.3249 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.326 - 1.3263 CAD, the aim will be reaching and testing the zone 1.3278 - 1.3279 CAD. If it is successful, the upward trend will continue to 1.3286 - 1.3289 CAD. If USD drops below the support levels at 1.3237 - 1.3233 CAD, it will try to find next support at 1.3227 - 1.3225 CAD. In case of breaking down, the downward trend will continue to 1.321 - 1.3207 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6837 USD to 0.6786 USD. This morning the currency pair is trading at 0.6786 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6822 - 0.6828 USD, the aim will be reaching and testing the zone 0.6867 - 0.687 USD. If it is successful, the upward trend will continue to 0.6893 - 0.69 USD. If Australian dollar drops below the support levels at 0.6756 - 0.675 USD, it will try to find next support at 0.6726 - 0.6723 USD. In case of breaking down, the downward trend will continue to 0.6684 - 0.6678 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.81 JPY to 108.4060 JPY. This morning the currency pair is trading at 108.49 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.72 - 108.76 JPY, the aim will be reaching and testing the zone 109.1 - 109.12 JPY. If it is successful, the upward trend will continue to 109.34 - 109.39 JPY. If USD drops below the support levels at 108.14 - 108.1 JPY, it will try to find next support at 107.88 - 107.86 JPY. In case of breaking down, the downward trend will continue to 107.52 - 107.47 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2849 USD to 1.2880 USD. This morning the currency pair is trading at 1.2881 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2904 - 1.2912 USD, the aim will be reaching and testing the zone 1.2928 - 1.2932 USD. If it is successful, the upward trend will continue to 1.2967 - 1.2975 USD. If GBP drops below the support levels at 1.2848 - 1.284 USD, it will try to find next support at 1.2804 - 1.28 USD. In case of breaking down, the downward trend will continue to 1.2784 - 1.2776 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9898 CHF to 0.9876 CHF. This morning the currency pair is trading at 0.9887 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9895 - 0.9899 CHF, the aim will be reaching and testing the zone 0.992 - 0.9922 CHF. If it is successful, the upward trend will continue to 0.9933 - 0.9937 CHF. If USD drops below the support levels at 0.9861 - 0.9857 CHF, it will try to find next support at 0.9847 - 0.9845 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 1.1006 USD to 1.1021 USD. This morning the currency pair is trading at 1.1019 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1036 - 1.104 USD, the aim will be reaching and testing the zone 1.1051 - 1.1053 USD. If it is successful, the trend will continue to 1.1074 - 1.1079 USD. If euro drops below the support levels at 1.1001 - 1.0997 USD, it will try to find next support at 1.0976 - 1.0974 USD. In case of breaking down, the downward trend will continue to 1.0963 - 1.0959 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.