Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13462.1 to 13404.3 points. This morning the index is traded at 13429.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13441.8 - 13448.6 points, the aim will be reaching and testing the zone 13489.5 - 13492.8. If it is successful, the upward trend will continue to 13516.8 - 13523.6 points. If the DAX drops below the support levels at 13373.6 - 13366.8, it will try to find next support at 13342.8 - 13339.5. In case of breaking down, the downward trend will continue to 13298.6 - 13291.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.78 USD to 17.99 USD. This morning it is trading at 18.01 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.1 - 18.14 USD, the aim will be reaching and testing the zone 18.21 - 18.23 USD. If it is successful, the upward trend will continue to 18.39 - 18.43 USD. If the precious metal drops below the support levels at 17.85 - 17.81 USD, it will try to find next support at 17.65 - 17.63 USD. In case of breaking down, the downward trend will continue to 17.56 - 17.52 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1545.87 USD to 1556.14 USD. This morning it is trading at 1556.15 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1560.91 - 1562.31 USD, the aim will be reaching and testing the zone 1565.69 - 1566.38 USD. If it is successful, the upward trend will continue to 1573.24 - 1574.64 USD. If the precious metal drops below the support levels at 1549.98 - 1548.58 USD, it will try to find next support at 1541.72 - 1541.03 USD. In case of breaking down, the downward trend will continue to 1537.65 - 1536.25 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures lowered their value from 58.15 USD to 58.07 USD per barrel. This morning they are trading at 58.08 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.49 - 58.57 USD, the aim will be reaching and testing the zone 58.92 - 58.96 USD. If it is successful, the upward trend will continue to 59.5 - 59.58 USD. If the Crude Oil futures drop below the support levels at 57.57 - 57.49 USD, they will try to find next support at 56.95 - 56.91 USD. In case of breaking down, the downward trend will continue to 56.57 - 56.49 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3061 CAD to 1.3061 CAD. This morning the currency pair is trading at 1.3039 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3062 - 1.3067 CAD, the aim will be reaching and testing the zone 1.3091 - 1.3094 CAD. If it is successful, the upward trend will continue to 1.3105 - 1.3111 CAD. If USD drops below the support levels at 1.3024 - 1.3019 CAD, it will try to find next support at 1.3008 - 1.3005 CAD. In case of breaking down, the downward trend will continue to 1.2981 - 1.2976 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6900 USD to 0.6900 USD. This morning the currency pair is trading at 0.6907 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6919 - 0.692 USD, the aim will be reaching and testing the zone 0.6938 - 0.6938 USD. If it is successful, the upward trend will continue to 0.6959 - 0.696 USD. If Australian dollar drops below the support levels at 0.688 - 0.6879 USD, it will try to find next support at 0.6858 - 0.6858 USD. In case of breaking down, the downward trend will continue to 0.684 - 0.6839 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 109.97 JPY to 109.8890 JPY. This morning the currency pair is trading at 109.88 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110 - 110 JPY, the aim will be reaching and testing the zone 110.12 - 110.12 JPY. If it is successful, the upward trend will continue to 110.22 - 110.23 JPY. If USD drops below the support levels at 109.78 - 109.78 JPY, it will try to find next support at 109.67 - 109.67 JPY. In case of breaking down, the downward trend will continue to 109.56 - 109.55 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3016 USD to 1.3037 USD. This morning the currency pair is trading at 1.3040 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3058 - 1.3066 USD, the aim will be reaching and testing the zone 1.3079 - 1.3083 USD. If it is successful, the upward trend will continue to 1.3116 - 1.3124 USD. If GBP drops below the support levels at 1.3008 - 1.3 USD, it will try to find next support at 1.2967 - 1.2963 USD. In case of breaking down, the downward trend will continue to 1.2949 - 1.2941 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9669 CHF to 0.9638 CHF. This morning the currency pair is trading at 0.9637 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9663 - 0.9669 CHF, the aim will be reaching and testing the zone 0.9696 - 0.9699 CHF. If it is successful, the upward trend will continue to 0.9713 - 0.9718 CHF. If USD drops below the support levels at 0.9619 - 0.9614 CHF, it will try to find next support at 0.96 - 0.9597 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 1.1126 USD to 1.1126 USD. This morning the currency pair is trading at 1.1152 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1169 - 1.1171 USD, the aim will be reaching and testing the zone 1.1188 - 1.119 USD. If it is successful, the trend will continue to 1.1214 - 1.1216 USD. If euro drops below the support levels at 1.1126 - 1.1124 USD, it will try to find next support at 1.11 - 1.1098 USD. In case of breaking down, the downward trend will continue to 1.1081 - 1.1079 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.

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.
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.