Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13186.3 to 13125.0 points. This morning the index is traded at 13114.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13192.5 - 13196.3 points, the aim will be reaching and testing the zone 13265.7 - 13267.5. If it is successful, the upward trend will continue to 13327.5 - 13331.3 points. If the DAX drops below the support levels at 13061.3 - 13057.5, it will try to find next support at 12997.5 - 12995.7. In case of breaking down, the downward trend will continue to 12926.3 - 12922.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.13 USD to 17.14 USD. This morning it is trading at 17.17 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.22 - 17.23 USD, the aim will be reaching and testing the zone 17.29 - 17.3 USD. If it is successful, the upward trend will continue to 17.39 - 17.4 USD. If the precious metal drops below the support levels at 17.05 - 17.04 USD, it will try to find next support at 16.95 - 16.95 USD. In case of breaking down, the downward trend will continue to 16.88 - 16.87 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1472.22 USD to 1471.21 USD. This morning it is trading at 1474.28 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1477.7 - 1478.05 USD, the aim will be reaching and testing the zone 1484.71 - 1484.88 USD. If it is successful, the upward trend will continue to 1490.67 - 1491.02 USD. If the precious metal drops below the support levels at 1465.08 - 1464.73 USD, it will try to find next support at 1458.94 - 1458.77 USD. In case of breaking down, the downward trend will continue to 1452.11 - 1451.76 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures raised their value from 55.23 USD to 57.07 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 58 - 58.33 USD, the aim will be reaching and testing the zone 58.94 - 59.1 USD. If it is successful, the upward trend will continue to 60.52 - 60.85 USD. If the Crude Oil futures drop below the support levels at 55.81 - 55.48 USD, they will try to find next support at 54.06 - 53.9 USD. In case of breaking down, the downward trend will continue to 53.29 - 52.96 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3267 CAD to 1.3302 CAD. This morning the currency pair is trading at 1.3304 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3333 - 1.3335 CAD, the aim will be reaching and testing the zone 1.3363 - 1.3364 CAD. If it is successful, the upward trend will continue to 1.3399 - 1.3402 CAD. If USD drops below the support levels at 1.3269 - 1.3266 CAD, it will try to find next support at 1.3231 - 1.323 CAD. In case of breaking down, the downward trend will continue to 1.3202 - 1.3199 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6826 USD to 0.6800 USD. This morning the currency pair is trading at 0.6797 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.682 - 0.6824 USD, the aim will be reaching and testing the zone 0.6846 - 0.6848 USD. If it is successful, the upward trend will continue to 0.6862 - 0.6865 USD. If Australian dollar drops below the support levels at 0.6782 - 0.6779 USD, it will try to find next support at 0.6765 - 0.6763 USD. In case of breaking down, the downward trend will continue to 0.6741 - 0.6737 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.53 JPY to 108.6010 JPY. This morning the currency pair is trading at 108.47 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.78 - 108.8 JPY, the aim will be reaching and testing the zone 108.95 - 108.96 JPY. If it is successful, the upward trend will continue to 109.17 - 109.19 JPY. If USD drops below the support levels at 108.41 - 108.38 JPY, it will try to find next support at 108.18 - 108.17 JPY. In case of breaking down, the downward trend will continue to 108.01 - 107.99 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2924 USD to 1.2922 USD. This morning the currency pair is trading at 1.2926 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2939 - 1.2944 USD, the aim will be reaching and testing the zone 1.2956 - 1.2959 USD. If it is successful, the upward trend will continue to 1.2983 - 1.2987 USD. If GBP drops below the support levels at 1.29 - 1.2895 USD, it will try to find next support at 1.2871 - 1.2869 USD. In case of breaking down, the downward trend will continue to 1.2856 - 1.2852 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9904 CHF to 0.9906 CHF. This morning the currency pair is trading at 0.9904 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9925 - 0.9928 CHF, the aim will be reaching and testing the zone 0.9949 - 0.9951 CHF. If it is successful, the upward trend will continue to 0.9963 - 0.9966 CHF. If USD drops below the support levels at 0.989 - 0.9887 CHF, it will try to find next support at 0.9875 - 0.9873 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 1.1077 USD to 1.1071 USD. This morning the currency pair is trading at 1.1078 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1084 - 1.1086 USD, the aim will be reaching and testing the zone 1.1097 - 1.1097 USD. If it is successful, the trend will continue to 1.1113 - 1.1114 USD. If euro drops below the support levels at 1.1057 - 1.1056 USD, it will try to find next support at 1.104 - 1.104 USD. In case of breaking down, the downward trend will continue to 1.1029 - 1.1027 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.