Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13470.0 to 13467.8 points. This morning the index is traded at 13497.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13530.9 - 13531.8 points, the aim will be reaching and testing the zone 13593.9 - 13594.4. If it is successful, the upward trend will continue to 13658.8 - 13659.7 points. If the DAX drops below the support levels at 13403.9 - 13403, it will try to find next support at 13338.6 - 13338.1. In case of breaking down, the downward trend will continue to 13276 - 13275.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.07 USD to 17.95 USD. This morning it is trading at 17.92 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.03 - 18.05 USD, the aim will be reaching and testing the zone 18.14 - 18.15 USD. If it is successful, the upward trend will continue to 18.2 - 18.21 USD. If the precious metal drops below the support levels at 17.88 - 17.86 USD, it will try to find next support at 17.81 - 17.8 USD. In case of breaking down, the downward trend will continue to 17.71 - 17.7 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1559.53 USD to 1547.74 USD. This morning it is trading at 1545.19 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1555.29 - 1557.33 USD, the aim will be reaching and testing the zone 1565.9 - 1566.91 USD. If it is successful, the upward trend will continue to 1570.39 - 1572.43 USD. If the precious metal drops below the support levels at 1542.23 - 1540.19 USD, it will try to find next support at 1536.71 - 1535.7 USD. In case of breaking down, the downward trend will continue to 1527.13 - 1525.09 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures lowered their value from 58.60 USD to 58.07 USD per barrel. This morning they are trading at 58.09 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.74 - 58.91 USD, the aim will be reaching and testing the zone 59.67 - 59.75 USD. If it is successful, the upward trend will continue to 60.09 - 60.26 USD. If the Crude Oil futures drop below the support levels at 57.56 - 57.39 USD, they will try to find next support at 57.05 - 56.97 USD. In case of breaking down, the downward trend will continue to 56.21 - 56.04 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3051 CAD to 1.3053 CAD. This morning the currency pair is trading at 1.3056 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.307 - 1.3071 CAD, the aim will be reaching and testing the zone 1.3087 - 1.3087 CAD. If it is successful, the upward trend will continue to 1.3106 - 1.3108 CAD. If USD drops below the support levels at 1.3035 - 1.3034 CAD, it will try to find next support at 1.3015 - 1.3014 CAD. In case of breaking down, the downward trend will continue to 1.2999 - 1.2998 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6896 USD to 0.6902 USD. This morning the currency pair is trading at 0.6897 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6915 - 0.6917 USD, the aim will be reaching and testing the zone 0.6931 - 0.6931 USD. If it is successful, the upward trend will continue to 0.6942 - 0.6943 USD. If Australian dollar drops below the support levels at 0.689 - 0.6889 USD, it will try to find next support at 0.6878 - 0.6878 USD. In case of breaking down, the downward trend will continue to 0.6864 - 0.6862 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.53 JPY to 109.9390 JPY. This morning the currency pair is trading at 110.00 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.09 - 110.16 JPY, the aim will be reaching and testing the zone 110.24 - 110.27 JPY. If it is successful, the upward trend will continue to 110.53 - 110.6 JPY. If USD drops below the support levels at 109.72 - 109.65 JPY, it will try to find next support at 109.39 - 109.36 JPY. In case of breaking down, the downward trend will continue to 109.28 - 109.21 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3035 USD to 1.2989 USD. This morning the currency pair is trading at 1.2985 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3031 - 1.3035 USD, the aim will be reaching and testing the zone 1.308 - 1.3082 USD. If it is successful, the upward trend will continue to 1.3115 - 1.312 USD. If GBP drops below the support levels at 1.2951 - 1.2946 USD, it will try to find next support at 1.2913 - 1.2911 USD. In case of breaking down, the downward trend will continue to 1.2866 - 1.2862 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9721 CHF to 0.9706 CHF. This morning the currency pair is trading at 0.9709 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9727 - 0.973 CHF, the aim will be reaching and testing the zone 0.9753 - 0.9754 CHF. If it is successful, the upward trend will continue to 0.977 - 0.9773 CHF. If USD drops below the support levels at 0.9688 - 0.9685 CHF, it will try to find next support at 0.9669 - 0.9668 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 1.1116 USD to 1.1133 USD. This morning the currency pair is trading at 1.1134 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1149 - 1.1151 USD, the aim will be reaching and testing the zone 1.1165 - 1.1166 USD. If it is successful, the trend will continue to 1.1184 - 1.1185 USD. If euro drops below the support levels at 1.1116 - 1.1115 USD, it will try to find next support at 1.1097 - 1.1096 USD. In case of breaking down, the downward trend will continue to 1.1082 - 1.108 USD.

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