Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12990.6 to 13053.9 points. This morning the index is traded at 13057.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13118.9 - 13134.7 points, the aim will be reaching and testing the zone 13183.8 - 13191.7. If it is successful, the upward trend will continue to 13280.4 - 13296.2 points. If the DAX drops below the support levels at 12973.2 - 12957.4, it will try to find next support at 12868.7 - 12860.8. In case of breaking down, the downward trend will continue to 12811.7 - 12795.9 points.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1462.12 USD to 1477.35 USD. This morning it is trading at 1476.41 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1486.17 - 1488.38 USD, the aim will be reaching and testing the zone 1494.98 - 1496.09 USD. If it is successful, the upward trend will continue to 1508.22 - 1510.43 USD. If the precious metal drops below the support levels at 1466.33 - 1464.12 USD, it will try to find next support at 1451.99 - 1450.88 USD. In case of breaking down, the downward trend will continue to 1444.28 - 1442.07 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures raised their value from 55.94 USD to 56.29 USD per barrel. This morning they are trading at 56.40 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 56.93 - 57.01 USD, the aim will be reaching and testing the zone 57.57 - 57.61 USD. If it is successful, the upward trend will continue to 58.37 - 58.45 USD. If the Crude Oil futures drop below the support levels at 55.57 - 55.49 USD, they will try to find next support at 54.73 - 54.69 USD. In case of breaking down, the downward trend will continue to 54.13 - 54.05 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3307 CAD to 1.3295 CAD. This morning the currency pair is trading at 1.3290 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3314 - 1.3316 CAD, the aim will be reaching and testing the zone 1.3336 - 1.3337 CAD. If it is successful, the upward trend will continue to 1.3351 - 1.3353 CAD. If USD drops below the support levels at 1.3278 - 1.3276 CAD, it will try to find next support at 1.3262 - 1.3261 CAD. In case of breaking down, the downward trend will continue to 1.3241 - 1.3239 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6817 USD to 0.6846 USD. This morning the currency pair is trading at 0.6850 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6867 - 0.6869 USD, the aim will be reaching and testing the zone 0.6888 - 0.6889 USD. If it is successful, the upward trend will continue to 0.6914 - 0.6917 USD. If Australian dollar drops below the support levels at 0.6822 - 0.6819 USD, it will try to find next support at 0.6794 - 0.6793 USD. In case of breaking down, the downward trend will continue to 0.6774 - 0.6772 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.97 JPY to 108.6280 JPY. This morning the currency pair is trading at 108.67 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.99 - 109.06 JPY, the aim will be reaching and testing the zone 109.46 - 109.49 JPY. If it is successful, the upward trend will continue to 109.71 - 109.79 JPY. If USD drops below the support levels at 108.34 - 108.27 JPY, it will try to find next support at 108.05 - 108.01 JPY. In case of breaking down, the downward trend will continue to 107.61 - 107.54 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2938 USD to 1.2993 USD. This morning the currency pair is trading at 1.2995 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3026 - 1.3034 USD, the aim will be reaching and testing the zone 1.3059 - 1.3063 USD. If it is successful, the upward trend will continue to 1.3108 - 1.3116 USD. If GBP drops below the support levels at 1.2952 - 1.2944 USD, it will try to find next support at 1.29 - 1.2896 USD. In case of breaking down, the downward trend will continue to 1.287 - 1.2863 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9912 CHF to 0.9869 CHF. This morning the currency pair is trading at 0.9873 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9904 - 0.9911 CHF, the aim will be reaching and testing the zone 0.9949 - 0.9953 CHF. If it is successful, the upward trend will continue to 0.9973 - 0.998 CHF. If USD drops below the support levels at 0.9842 - 0.9835 CHF, it will try to find next support at 0.9815 - 0.9811 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 1.1079 USD to 1.1079 USD. This morning the currency pair is trading at 1.1081 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1093 - 1.1093 USD, the aim will be reaching and testing the zone 1.1107 - 1.1107 USD. If it is successful, the trend will continue to 1.1121 - 1.1121 USD. If euro drops below the support levels at 1.1065 - 1.1065 USD, it will try to find next support at 1.1052 - 1.1052 USD. In case of breaking down, the downward trend will continue to 1.1038 - 1.1038 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.