Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX lowered its value from 13512.8 to 13452.6 points. This morning the index is traded at 13457.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13512.8 - 13525 points, the aim will be reaching and testing the zone 13591.3 - 13597.3. If it is successful, the upward trend will continue to 13633.2 - 13645.4 points. If the DAX drops below the support levels at 13404.6 - 13392.4, it will try to find next support at 13356.5 - 13350.5. In case of breaking down, the downward trend will continue to 13284.2 - 13272 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 17.89 USD to 18.11 USD. This morning it is trading at 18.05 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.22 - 18.26 USD, the aim will be reaching and testing the zone 18.33 - 18.35 USD. If it is successful, the upward trend will continue to 18.53 - 18.56 USD. If the precious metal drops below the support levels at 17.95 - 17.91 USD, it will try to find next support at 17.74 - 17.72 USD. In case of breaking down, the downward trend will continue to 17.65 - 17.61 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold raised its value from 1552.02 USD to 1561.85 USD. This morning it is trading at 1559.14 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1568.07 - 1570.58 USD, the aim will be reaching and testing the zone 1574.29 - 1575.54 USD. If it is successful, the upward trend will continue to 1585.52 - 1588.03 USD. If the precious metal drops below the support levels at 1553.13 - 1550.62 USD, it will try to find next support at 1540.64 - 1539.39 USD. In case of breaking down, the downward trend will continue to 1535.68 - 1533.17 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the January Crude Oil futures lowered their value from 59.60 USD to 59.10 USD per barrel. This morning they are trading at 59.10 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 59.56 - 59.62 USD, the aim will be reaching and testing the zone 60.12 - 60.15 USD. If it is successful, the upward trend will continue to 60.49 - 60.55 USD. If the Crude Oil futures drop below the support levels at 58.69 - 58.63 USD, they will try to find next support at 58.29 - 58.26 USD. In case of breaking down, the downward trend will continue to 57.76 - 57.7 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3054 CAD to 1.3047 CAD. This morning the currency pair is trading at 1.3067 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.307 - 1.3072 CAD, the aim will be reaching and testing the zone 1.3096 - 1.3097 CAD. If it is successful, the upward trend will continue to 1.3117 - 1.3118 CAD. If USD drops below the support levels at 1.3025 - 1.3024 CAD, it will try to find next support at 1.3004 - 1.3003 CAD. In case of breaking down, the downward trend will continue to 1.2979 - 1.2977 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.6858 USD to 0.6898 USD. This morning the currency pair is trading at 0.6898 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6923 - 0.6928 USD, the aim will be reaching and testing the zone 0.6947 - 0.695 USD. If it is successful, the upward trend will continue to 0.6983 - 0.6989 USD. If Australian dollar drops below the support levels at 0.6868 - 0.6862 USD, it will try to find next support at 0.6829 - 0.6826 USD. In case of breaking down, the downward trend will continue to 0.6807 - 0.6801 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 109.51 JPY to 109.4240 JPY. This morning the currency pair is trading at 109.55 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.56 - 109.6 JPY, the aim will be reaching and testing the zone 109.75 - 109.77 JPY. If it is successful, the upward trend will continue to 109.82 - 109.86 JPY. If USD drops below the support levels at 109.34 - 109.29 JPY, it will try to find next support at 109.25 - 109.23 JPY. In case of breaking down, the downward trend will continue to 109.07 - 109.03 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound lowered its value from 1.3065 USD to 1.3058 USD. This morning the currency pair is trading at 1.3042 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3085 - 1.3089 USD, the aim will be reaching and testing the zone 1.3118 - 1.312 USD. If it is successful, the upward trend will continue to 1.3141 - 1.3144 USD. If GBP drops below the support levels at 1.3034 - 1.303 USD, it will try to find next support at 1.301 - 1.3008 USD. In case of breaking down, the downward trend will continue to 1.2978 - 1.2975 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 0.9730 CHF to 0.9723 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 0.9744 - 0.975 CHF, the aim will be reaching and testing the zone 0.9774 - 0.9777 CHF. If it is successful, the upward trend will continue to 0.9786 - 0.9792 CHF. If USD drops below the support levels at 0.9708 - 0.9702 CHF, it will try to find next support at 0.9692 - 0.9689 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 on Friday, the euro raised its value from 1.1105 USD to 1.1116 USD. This morning the currency pair is trading at 1.1115 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1135 - 1.1138 USD, the aim will be reaching and testing the zone 1.1154 - 1.1155 USD. If it is successful, the trend will continue to 1.1179 - 1.1182 USD. If euro drops below the support levels at 1.1093 - 1.109 USD, it will try to find next support at 1.1067 - 1.1065 USD. In case of breaking down, the downward trend will continue to 1.1049 - 1.1046 USD.

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