Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13384.6 to 13506.8 points. This morning the index is traded at 13520.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13560.8 - 13579.2 points, the aim will be reaching and testing the zone 13614.7 - 13623.9. If it is successful, the upward trend will continue to 13705.5 - 13723.9 points. If the DAX drops below the support levels at 13434.5 - 13416.1, it will try to find next support at 13334.5 - 13325.3. In case of breaking down, the downward trend will continue to 13289.8 - 13271.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.09 USD to 17.89 USD. This morning it is trading at 17.90 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.09 - 18.13 USD, the aim will be reaching and testing the zone 18.35 - 18.36 USD. If it is successful, the upward trend will continue to 18.5 - 18.53 USD. If the precious metal drops below the support levels at 17.72 - 17.69 USD, it will try to find next support at 17.55 - 17.53 USD. In case of breaking down, the downward trend will continue to 17.31 - 17.28 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1556.02 USD to 1551.82 USD. This morning it is trading at 1552.39 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1562.04 - 1562.42 USD, the aim will be reaching and testing the zone 1572.26 - 1572.45 USD. If it is successful, the upward trend will continue to 1583.24 - 1583.62 USD. If the precious metal drops below the support levels at 1541.22 - 1540.84 USD, it will try to find next support at 1530.05 - 1529.86 USD. In case of breaking down, the downward trend will continue to 1520.02 - 1519.64 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures lowered their value from 59.93 USD to 59.57 USD per barrel. This morning they are trading at 59.50 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.35 - 60.39 USD, the aim will be reaching and testing the zone 61.12 - 61.14 USD. If it is successful, the upward trend will continue to 61.98 - 62.02 USD. If the Crude Oil futures drop below the support levels at 58.76 - 58.72 USD, they will try to find next support at 57.88 - 57.86 USD. In case of breaking down, the downward trend will continue to 57.13 - 57.09 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3037 CAD to 1.3055 CAD. This morning the currency pair is trading at 1.3063 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3095 - 1.3098 CAD, the aim will be reaching and testing the zone 1.3139 - 1.314 CAD. If it is successful, the upward trend will continue to 1.3173 - 1.3177 CAD. If USD drops below the support levels at 1.3019 - 1.3016 CAD, it will try to find next support at 1.2983 - 1.2981 CAD. In case of breaking down, the downward trend will continue to 1.294 - 1.2937 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6865 USD to 0.6858 USD. This morning the currency pair is trading at 0.6853 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6873 - 0.6875 USD, the aim will be reaching and testing the zone 0.6892 - 0.6893 USD. If it is successful, the upward trend will continue to 0.6903 - 0.6906 USD. If Australian dollar drops below the support levels at 0.6845 - 0.6842 USD, it will try to find next support at 0.6832 - 0.6831 USD. In case of breaking down, the downward trend will continue to 0.6814 - 0.6812 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.10 JPY to 109.5040 JPY. This morning the currency pair is trading at 109.50 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.72 - 109.79 JPY, the aim will be reaching and testing the zone 109.93 - 109.97 JPY. If it is successful, the upward trend will continue to 110.29 - 110.36 JPY. If USD drops below the support levels at 109.22 - 109.15 JPY, it will try to find next support at 108.83 - 108.8 JPY. In case of breaking down, the downward trend will continue to 108.65 - 108.58 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3094 USD to 1.3065 USD. This morning the currency pair is trading at 1.3068 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.312 - 1.3121 USD, the aim will be reaching and testing the zone 1.3177 - 1.3178 USD. If it is successful, the upward trend will continue to 1.3231 - 1.3232 USD. If GBP drops below the support levels at 1.301 - 1.3009 USD, it will try to find next support at 1.2955 - 1.2955 USD. In case of breaking down, the downward trend will continue to 1.2899 - 1.2898 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9738 CHF to 0.9731 CHF. This morning the currency pair is trading at 0.9731 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9748 - 0.9749 CHF, the aim will be reaching and testing the zone 0.9766 - 0.9766 CHF. If it is successful, the upward trend will continue to 0.9785 - 0.9785 CHF. If USD drops below the support levels at 0.9712 - 0.9712 CHF, it will try to find next support at 0.9693 - 0.9693 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 1.1105 USD to 1.1105 USD. This morning the currency pair is trading at 1.1109 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1119 - 1.1119 USD, the aim will be reaching and testing the zone 1.1133 - 1.1134 USD. If it is successful, the trend will continue to 1.1146 - 1.1147 USD. If euro drops below the support levels at 1.1092 - 1.1091 USD, it will try to find next support at 1.1078 - 1.1078 USD. In case of breaking down, the downward trend will continue to 1.1064 - 1.1063 USD.

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