Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13305.7 to 13247.7 points. This morning the index is traded at 13250.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13293.7 - 13297.7 points, the aim will be reaching and testing the zone 13345.6 - 13347.6. If it is successful, the upward trend will continue to 13385.6 - 13389.6 points. If the DAX drops below the support levels at 13205.8 - 13201.8, it will try to find next support at 13163.8 - 13161.8. In case of breaking down, the downward trend will continue to 13113.9 - 13109.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.95 USD to 16.94 USD. This morning it is trading at 16.94 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.99 - 16.99 USD, the aim will be reaching and testing the zone 17.05 - 17.05 USD. If it is successful, the upward trend will continue to 17.09 - 17.1 USD. If the precious metal drops below the support levels at 16.89 - 16.88 USD, it will try to find next support at 16.85 - 16.84 USD. In case of breaking down, the downward trend will continue to 16.79 - 16.78 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1454.61 USD to 1455.81 USD. This morning it is trading at 1456.08 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1457.91 - 1458 USD, the aim will be reaching and testing the zone 1460.15 - 1460.2 USD. If it is successful, the upward trend will continue to 1462.1 - 1462.19 USD. If the precious metal drops below the support levels at 1453.81 - 1453.72 USD, it will try to find next support at 1451.82 - 1451.77 USD. In case of breaking down, the downward trend will continue to 1449.62 - 1449.53 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures raised their value from 58.08 USD to 58.22 USD per barrel. This morning they are trading at 58.06 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.46 - 58.55 USD, the aim will be reaching and testing the zone 58.69 - 58.74 USD. If it is successful, the upward trend will continue to 59.11 - 59.21 USD. If the Crude Oil futures drop below the support levels at 57.89 - 57.8 USD, they will try to find next support at 57.43 - 57.38 USD. In case of breaking down, the downward trend will continue to 57.24 - 57.14 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3280 CAD to 1.3281 CAD. This morning the currency pair is trading at 1.3279 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 1.3308 - 1.3309 CAD. If it is successful, the upward trend will continue to 1.3317 - 1.3319 CAD. If USD drops below the support levels at 1.3271 - 1.3269 CAD, it will try to find next support at 1.3261 - 1.326 CAD. In case of breaking down, the downward trend will continue to 1.3247 - 1.3245 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6776 USD to 0.6767 USD. This morning the currency pair is trading at 0.6767 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6776 - 0.6777 USD, the aim will be reaching and testing the zone 0.6787 - 0.6787 USD. If it is successful, the upward trend will continue to 0.6796 - 0.6796 USD. If Australian dollar drops below the support levels at 0.6758 - 0.6757 USD, it will try to find next support at 0.6749 - 0.6748 USD. In case of breaking down, the downward trend will continue to 0.6739 - 0.6738 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.53 JPY to 109.4980 JPY. This morning the currency pair is trading at 109.52 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.6 - 109.61 JPY, the aim will be reaching and testing the zone 109.7 - 109.71 JPY. If it is successful, the upward trend will continue to 109.83 - 109.85 JPY. If USD drops below the support levels at 109.38 - 109.36 JPY, it will try to find next support at 109.24 - 109.23 JPY. In case of breaking down, the downward trend will continue to 109.15 - 109.13 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2920 USD to 1.2905 USD. This morning the currency pair is trading at 1.2909 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2931 - 1.2938 USD, the aim will be reaching and testing the zone 1.2967 - 1.297 USD. If it is successful, the upward trend will continue to 1.2984 - 1.299 USD. If GBP drops below the support levels at 1.2885 - 1.2879 USD, it will try to find next support at 1.2866 - 1.2862 USD. In case of breaking down, the downward trend will continue to 1.2833 - 1.2827 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9987 CHF to 0.9983 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 0.9991 - 0.9992 CHF, the aim will be reaching and testing the zone 1.0001 - 1.0001 CHF. If it is successful, the upward trend will continue to 1.0007 - 1.0008 CHF. If USD drops below the support levels at 0.9977 - 0.9975 CHF, it will try to find next support at 0.997 - 0.997 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 1.0999 USD to 1.1006 USD. This morning the currency pair is trading at 1.1010 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1016 - 1.1017 USD, the aim will be reaching and testing the zone 1.1027 - 1.1027 USD. If it is successful, the trend will continue to 1.1037 - 1.1037 USD. If euro drops below the support levels at 1.0996 - 1.0995 USD, it will try to find next support at 1.0986 - 1.0986 USD. In case of breaking down, the downward trend will continue to 1.0975 - 1.0975 USD.

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