Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13636.4 to 13772.4 points. This morning the index is traded at 13738.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13834.4 - 13860 points, the aim will be reaching and testing the zone 13896.5 - 13909.2. If it is successful, the upward trend will continue to 14009.5 - 14035.1 points. If the DAX drops below the support levels at 13684.9 - 13659.3, it will try to find next support at 13559 - 13546.3. In case of breaking down, the downward trend will continue to 13509.8 - 13484.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.64 USD to 17.47 USD. This morning it is trading at 17.51 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.58 - 17.6 USD, the aim will be reaching and testing the zone 17.72 - 17.74 USD. If it is successful, the upward trend will continue to 17.78 - 17.81 USD. If the precious metal drops below the support levels at 17.4 - 17.37 USD, it will try to find next support at 17.32 - 17.31 USD. In case of breaking down, the downward trend will continue to 17.19 - 17.16 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1567.85 USD to 1565.91 USD. This morning it is trading at 1569.63 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1570.24 - 1570.29 USD, the aim will be reaching and testing the zone 1574.65 - 1574.68 USD. If it is successful, the upward trend will continue to 1578.9 - 1578.95 USD. If the precious metal drops below the support levels at 1561.63 - 1561.58 USD, it will try to find next support at 1557.36 - 1557.33 USD. In case of breaking down, the downward trend will continue to 1552.97 - 1552.92 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 49.97 USD to 51.66 USD per barrel. This morning they are trading at 51.46 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.25 - 52.53 USD, the aim will be reaching and testing the zone 52.85 - 52.99 USD. If it is successful, the upward trend will continue to 53.99 - 54.27 USD. If the Crude Oil futures drop below the support levels at 50.79 - 50.51 USD, they will try to find next support at 49.51 - 49.37 USD. In case of breaking down, the downward trend will continue to 49.05 - 48.77 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3284 CAD to 1.3248 CAD. This morning the currency pair is trading at 1.3257 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3278 - 1.3283 CAD, the aim will be reaching and testing the zone 1.3316 - 1.3319 CAD. If it is successful, the upward trend will continue to 1.3337 - 1.3343 CAD. If USD drops below the support levels at 1.3224 - 1.3218 CAD, it will try to find next support at 1.32 - 1.3197 CAD. In case of breaking down, the downward trend will continue to 1.3164 - 1.3158 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6713 USD to 0.6736 USD. This morning the currency pair is trading at 0.6712 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6753 - 0.6756 USD, the aim will be reaching and testing the zone 0.6771 - 0.6772 USD. If it is successful, the upward trend will continue to 0.6792 - 0.6794 USD. If Australian dollar drops below the support levels at 0.6717 - 0.6715 USD, it will try to find next support at 0.6695 - 0.6694 USD. In case of breaking down, the downward trend will continue to 0.6679 - 0.6677 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.78 JPY to 110.0850 JPY. This morning the currency pair is trading at 109.87 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.23 - 110.27 JPY, the aim will be reaching and testing the zone 110.37 - 110.39 JPY. If it is successful, the upward trend will continue to 110.6 - 110.65 JPY. If USD drops below the support levels at 109.9 - 109.85 JPY, it will try to find next support at 109.64 - 109.62 JPY. In case of breaking down, the downward trend will continue to 109.52 - 109.48 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2951 USD to 1.2958 USD. This morning the currency pair is trading at 1.2957 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2982 - 1.2985 USD, the aim will be reaching and testing the zone 1.301 - 1.3011 USD. If it is successful, the upward trend will continue to 1.3028 - 1.3031 USD. If GBP drops below the support levels at 1.2938 - 1.2935 USD, it will try to find next support at 1.2918 - 1.2916 USD. In case of breaking down, the downward trend will continue to 1.2891 - 1.2888 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9758 CHF to 0.9780 CHF. This morning the currency pair is trading at 0.9776 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9796 - 0.9802 CHF, the aim will be reaching and testing the zone 0.9812 - 0.9815 CHF. If it is successful, the upward trend will continue to 0.984 - 0.9846 CHF. If USD drops below the support levels at 0.9758 - 0.9752 CHF, it will try to find next support at 0.9727 - 0.9724 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 1.0915 USD to 1.0872 USD. This morning the currency pair is trading at 1.0875 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0902 - 1.091 USD, the aim will be reaching and testing the zone 1.0944 - 1.0948 USD. If it is successful, the trend will continue to 1.0963 - 1.097 USD. If euro drops below the support levels at 1.085 - 1.0842 USD, it will try to find next support at 1.0827 - 1.0823 USD. In case of breaking down, the downward trend will continue to 1.0789 - 1.0782 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.

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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.