Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13475.3 to 13445.3 points. This morning the index is traded at 13430.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13514 - 13518 points, the aim will be reaching and testing the zone 13582.7 - 13584.7. If it is successful, the upward trend will continue to 13659.3 - 13663.3 points. If the DAX drops below the support levels at 13372.7 - 13368.7, it will try to find next support at 13294.1 - 13292.1. In case of breaking down, the downward trend will continue to 13227.4 - 13223.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.95 USD to 17.79 USD. This morning it is trading at 17.82 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.93 - 17.94 USD, the aim will be reaching and testing the zone 18.09 - 18.09 USD. If it is successful, the upward trend will continue to 18.22 - 18.23 USD. If the precious metal drops below the support levels at 17.65 - 17.64 USD, it will try to find next support at 17.52 - 17.51 USD. In case of breaking down, the downward trend will continue to 17.36 - 17.35 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1548.20 USD to 1546.11 USD. This morning it is trading at 1549.40 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1551.34 - 1552.6 USD, the aim will be reaching and testing the zone 1556.57 - 1557.2 USD. If it is successful, the upward trend will continue to 1564.32 - 1565.58 USD. If the precious metal drops below the support levels at 1539.62 - 1538.36 USD, it will try to find next support at 1531.24 - 1530.61 USD. In case of breaking down, the downward trend will continue to 1526.64 - 1525.38 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures raised their value from 58.08 USD to 58.11 USD per barrel. This morning they are trading at 58.06 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.6 - 58.63 USD, the aim will be reaching and testing the zone 59.14 - 59.16 USD. If it is successful, the upward trend will continue to 59.59 - 59.62 USD. If the Crude Oil futures drop below the support levels at 57.64 - 57.61 USD, they will try to find next support at 57.18 - 57.16 USD. In case of breaking down, the downward trend will continue to 56.65 - 56.62 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3056 CAD to 1.3061 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 1.3077 - 1.3078 CAD, the aim will be reaching and testing the zone 1.3095 - 1.3095 CAD. If it is successful, the upward trend will continue to 1.311 - 1.3111 CAD. If USD drops below the support levels at 1.3045 - 1.3044 CAD, it will try to find next support at 1.3029 - 1.3029 CAD. In case of breaking down, the downward trend will continue to 1.3012 - 1.3011 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6902 USD to 0.6901 USD. This morning the currency pair is trading at 0.6894 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6912 - 0.6913 USD, the aim will be reaching and testing the zone 0.6923 - 0.6924 USD. If it is successful, the upward trend will continue to 0.6937 - 0.6938 USD. If Australian dollar drops below the support levels at 0.6888 - 0.6887 USD, it will try to find next support at 0.6874 - 0.6873 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 109.94 JPY to 109.9760 JPY. This morning the currency pair is trading at 109.85 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.16 - 110.17 JPY, the aim will be reaching and testing the zone 110.36 - 110.37 JPY. If it is successful, the upward trend will continue to 110.52 - 110.53 JPY. If USD drops below the support levels at 109.81 - 109.8 JPY, it will try to find next support at 109.65 - 109.64 JPY. In case of breaking down, the downward trend will continue to 109.45 - 109.44 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2985 USD to 1.3016 USD. This morning the currency pair is trading at 1.3020 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3048 - 1.3056 USD, the aim will be reaching and testing the zone 1.308 - 1.3084 USD. If it is successful, the upward trend will continue to 1.3127 - 1.3135 USD. If GBP drops below the support levels at 1.2976 - 1.2969 USD, it will try to find next support at 1.2925 - 1.2921 USD. In case of breaking down, the downward trend will continue to 1.2897 - 1.289 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9704 CHF to 0.9672 CHF. This morning the currency pair is trading at 0.9671 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9696 - 0.9701 CHF, the aim will be reaching and testing the zone 0.9728 - 0.9731 CHF. If it is successful, the upward trend will continue to 0.9743 - 0.9749 CHF. If USD drops below the support levels at 0.9654 - 0.9648 CHF, it will try to find next support at 0.9635 - 0.9633 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 lowered its value from 1.1133 USD to 1.1127 USD. This morning the currency pair is trading at 1.1127 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1146 - 1.1147 USD, the aim will be reaching and testing the zone 1.1165 - 1.1166 USD. If it is successful, the trend will continue to 1.1187 - 1.1188 USD. If euro drops below the support levels at 1.1107 - 1.1106 USD, it will try to find next support at 1.1085 - 1.1085 USD. In case of breaking down, the downward trend will continue to 1.1067 - 1.1066 USD.

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