Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13256.1 to 13294.1 points. This morning the index is traded at 13264.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13334.5 - 13343.5 points, the aim will be reaching and testing the zone 13374.9 - 13379.4. If it is successful, the upward trend will continue to 13433.3 - 13442.3 points. If the DAX drops below the support levels at 13244.7 - 13235.7, it will try to find next support at 13181.8 - 13177.3. In case of breaking down, the downward trend will continue to 13145.9 - 13136.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.07 USD to 16.94 USD. This morning it is trading at 16.98 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.02 - 17.04 USD, the aim will be reaching and testing the zone 17.13 - 17.14 USD. If it is successful, the upward trend will continue to 17.18 - 17.2 USD. If the precious metal drops below the support levels at 16.88 - 16.86 USD, it will try to find next support at 16.82 - 16.81 USD. In case of breaking down, the downward trend will continue to 16.72 - 16.7 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1461.24 USD to 1454.12 USD. This morning it is trading at 1456.80 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1458.92 - 1459.96 USD, the aim will be reaching and testing the zone 1465.27 - 1465.79 USD. If it is successful, the upward trend will continue to 1468.51 - 1469.55 USD. If the precious metal drops below the support levels at 1450.37 - 1449.33 USD, it will try to find next support at 1446.61 - 1446.09 USD. In case of breaking down, the downward trend will continue to 1440.78 - 1439.74 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 58.25 USD to 58.13 USD per barrel. This morning they are trading at 57.95 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.68 - 58.7 USD, the aim will be reaching and testing the zone 59.24 - 59.25 USD. If it is successful, the upward trend will continue to 59.83 - 59.85 USD. If the Crude Oil futures drop below the support levels at 57.55 - 57.53 USD, they will try to find next support at 56.95 - 56.94 USD. In case of breaking down, the downward trend will continue to 56.4 - 56.38 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3270 CAD to 1.3281 CAD. This morning the currency pair is trading at 1.3285 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3293 - 1.3295 CAD, the aim will be reaching and testing the zone 1.3306 - 1.3307 CAD. If it is successful, the upward trend will continue to 1.3322 - 1.3325 CAD. If USD drops below the support levels at 1.3266 - 1.3264 CAD, it will try to find next support at 1.3248 - 1.3247 CAD. In case of breaking down, the downward trend will continue to 1.3236 - 1.3234 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6786 USD to 0.6775 USD. This morning the currency pair is trading at 0.6768 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6785 - 0.6787 USD, the aim will be reaching and testing the zone 0.6797 - 0.6798 USD. If it is successful, the upward trend will continue to 0.6804 - 0.6806 USD. If Australian dollar drops below the support levels at 0.6767 - 0.6765 USD, it will try to find next support at 0.6759 - 0.6758 USD. In case of breaking down, the downward trend will continue to 0.6748 - 0.6746 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.02 JPY to 109.5380 JPY. This morning the currency pair is trading at 109.37 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.77 - 109.85 JPY, the aim will be reaching and testing the zone 110 - 110.04 JPY. If it is successful, the upward trend will continue to 110.39 - 110.47 JPY. If USD drops below the support levels at 109.23 - 109.15 JPY, it will try to find next support at 108.8 - 108.76 JPY. In case of breaking down, the downward trend will continue to 108.61 - 108.53 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2864 USD to 1.2916 USD. This morning the currency pair is trading at 1.2929 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2948 - 1.2963 USD, the aim will be reaching and testing the zone 1.2981 - 1.2988 USD. If it is successful, the upward trend will continue to 1.3042 - 1.3056 USD. If GBP drops below the support levels at 1.2869 - 1.2855 USD, it will try to find next support at 1.2801 - 1.2794 USD. In case of breaking down, the downward trend will continue to 1.2775 - 1.2761 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9970 CHF to 0.9989 CHF. This morning the currency pair is trading at 0.9985 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0003 - 1.0005 CHF, the aim will be reaching and testing the zone 1.0018 - 1.0019 CHF. If it is successful, the upward trend will continue to 1.0036 - 1.0038 CHF. If USD drops below the support levels at 0.9972 - 0.997 CHF, it will try to find next support at 0.9953 - 0.9952 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 1.1020 USD to 1.0999 USD. This morning the currency pair is trading at 1.1005 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1015 - 1.1018 USD, the aim will be reaching and testing the zone 1.1035 - 1.1037 USD. If it is successful, the trend will continue to 1.1047 - 1.105 USD. If euro drops below the support levels at 1.0986 - 1.0983 USD, it will try to find next support at 1.0973 - 1.0971 USD. In case of breaking down, the downward trend will continue to 1.0953 - 1.095 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.