Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13236.3 to 12996.1 points. This morning the index is traded at 12980.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13189.4 - 13239.3 points, the aim will be reaching and testing the zone 13457.6 - 13482.6. If it is successful, the upward trend will continue to 13576 - 13625.9 points. If the DAX drops below the support levels at 12852.7 - 12802.8, it will try to find next support at 12709.4 - 12684.4. In case of breaking down, the downward trend will continue to 12466.1 - 12416.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.99 USD to 16.90 USD. This morning it is trading at 16.91 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.99 - 17 USD, the aim will be reaching and testing the zone 17.1 - 17.1 USD. If it is successful, the upward trend will continue to 17.18 - 17.19 USD. If the precious metal drops below the support levels at 16.81 - 16.8 USD, it will try to find next support at 16.72 - 16.71 USD. In case of breaking down, the downward trend will continue to 16.62 - 16.61 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1463.94 USD to 1462.06 USD. This morning it is trading at 1462.54 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1466.96 - 1467.8 USD, the aim will be reaching and testing the zone 1471.87 - 1472.29 USD. If it is successful, the upward trend will continue to 1478.44 - 1479.28 USD. If the precious metal drops below the support levels at 1456.32 - 1455.48 USD, it will try to find next support at 1449.33 - 1448.91 USD. In case of breaking down, the downward trend will continue to 1444.84 - 1444 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures raised their value from 55.47 USD to 55.96 USD per barrel. This morning they are trading at 56.02 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 56.58 - 56.6 USD, the aim will be reaching and testing the zone 57.23 - 57.25 USD. If it is successful, the upward trend will continue to 57.82 - 57.84 USD. If the Crude Oil futures drop below the support levels at 55.37 - 55.34 USD, they will try to find next support at 54.77 - 54.76 USD. In case of breaking down, the downward trend will continue to 54.13 - 54.11 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3272 CAD to 1.3308 CAD. This morning the currency pair is trading at 1.3306 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3321 - 1.3327 CAD, the aim will be reaching and testing the zone 1.3334 - 1.3338 CAD. If it is successful, the upward trend will continue to 1.336 - 1.3366 CAD. If USD drops below the support levels at 1.3288 - 1.3282 CAD, it will try to find next support at 1.3259 - 1.3256 CAD. In case of breaking down, the downward trend will continue to 1.3249 - 1.3243 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6767 USD to 0.6818 USD. This morning the currency pair is trading at 0.6817 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6842 - 0.685 USD, the aim will be reaching and testing the zone 0.6866 - 0.687 USD. If it is successful, the upward trend will continue to 0.6906 - 0.6915 USD. If Australian dollar drops below the support levels at 0.6785 - 0.6777 USD, it will try to find next support at 0.6741 - 0.6737 USD. In case of breaking down, the downward trend will continue to 0.6721 - 0.6713 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.52 JPY to 108.9790 JPY. This morning the currency pair is trading at 109.02 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.38 - 109.5 JPY, the aim will be reaching and testing the zone 109.95 - 110.01 JPY. If it is successful, the upward trend will continue to 110.18 - 110.3 JPY. If USD drops below the support levels at 108.69 - 108.58 JPY, it will try to find next support at 108.41 - 108.35 JPY. In case of breaking down, the downward trend will continue to 107.89 - 107.77 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2909 USD to 1.2939 USD. This morning the currency pair is trading at 1.2939 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2959 - 1.2965 USD, the aim will be reaching and testing the zone 1.298 - 1.2983 USD. If it is successful, the upward trend will continue to 1.3012 - 1.3018 USD. If GBP drops below the support levels at 1.2912 - 1.2907 USD, it will try to find next support at 1.2877 - 1.2875 USD. In case of breaking down, the downward trend will continue to 1.2859 - 1.2854 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9998 CHF to 0.9911 CHF. This morning the currency pair is trading at 0.9914 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.996 - 0.9976 CHF, the aim will be reaching and testing the zone 1.0032 - 1.004 CHF. If it is successful, the upward trend will continue to 1.0057 - 1.0073 CHF. If USD drops below the support levels at 0.9879 - 0.9863 CHF, it will try to find next support at 0.9846 - 0.9838 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 1.1024 USD to 1.1078 USD. This morning the currency pair is trading at 1.1075 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1111 - 1.1122 USD, the aim will be reaching and testing the zone 1.1144 - 1.1149 USD. If it is successful, the trend will continue to 1.1198 - 1.1209 USD. If euro drops below the support levels at 1.1034 - 1.1024 USD, it will try to find next support at 1.0975 - 1.0969 USD. In case of breaking down, the downward trend will continue to 1.0947 - 1.0936 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.