Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13784.7 to 13732.0 points. This morning the index is traded at 13720.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13827 - 13842.2 points, the aim will be reaching and testing the zone 13922 - 13929.6. If it is successful, the upward trend will continue to 14047.3 - 14062.5 points. If the DAX drops below the support levels at 13621.9 - 13606.7, it will try to find next support at 13489 - 13481.4. In case of breaking down, the downward trend will continue to 13401.6 - 13386.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.48 USD to 17.63 USD. This morning it is trading at 17.65 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.75 - 17.77 USD, the aim will be reaching and testing the zone 17.87 - 17.88 USD. If it is successful, the upward trend will continue to 18.02 - 18.03 USD. If the precious metal drops below the support levels at 17.5 - 17.49 USD, it will try to find next support at 17.35 - 17.34 USD. In case of breaking down, the downward trend will continue to 17.24 - 17.23 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1565.90 USD to 1575.64 USD. This morning it is trading at 1577.17 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1580.81 - 1582.08 USD, the aim will be reaching and testing the zone 1585.98 - 1586.61 USD. If it is successful, the upward trend will continue to 1593.68 - 1594.95 USD. If the precious metal drops below the support levels at 1569.21 - 1567.94 USD, it will try to find next support at 1560.87 - 1560.24 USD. In case of breaking down, the downward trend will continue to 1556.34 - 1555.07 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures lowered their value from 51.70 USD to 51.52 USD per barrel. This morning they are trading at 51.40 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.11 - 52.19 USD, the aim will be reaching and testing the zone 52.7 - 52.74 USD. If it is successful, the upward trend will continue to 53.46 - 53.54 USD. If the Crude Oil futures drop below the support levels at 50.84 - 50.76 USD, they will try to find next support at 50.04 - 50 USD. In case of breaking down, the downward trend will continue to 49.49 - 49.41 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3249 CAD to 1.3266 CAD. This morning the currency pair is trading at 1.3265 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3278 - 1.3281 CAD, the aim will be reaching and testing the zone 1.3289 - 1.3291 CAD. If it is successful, the upward trend will continue to 1.3308 - 1.3312 CAD. If USD drops below the support levels at 1.325 - 1.3247 CAD, it will try to find next support at 1.3229 - 1.3228 CAD. In case of breaking down, the downward trend will continue to 1.3219 - 1.3216 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6737 USD to 0.6718 USD. This morning the currency pair is trading at 0.6719 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6737 - 0.674 USD, the aim will be reaching and testing the zone 0.676 - 0.6761 USD. If it is successful, the upward trend will continue to 0.6776 - 0.6778 USD. If Australian dollar drops below the support levels at 0.6701 - 0.6699 USD, it will try to find next support at 0.6685 - 0.6683 USD. In case of breaking down, the downward trend will continue to 0.6663 - 0.6661 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.08 JPY to 109.8090 JPY. This morning the currency pair is trading at 109.77 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.05 - 110.06 JPY, the aim will be reaching and testing the zone 110.31 - 110.31 JPY. If it is successful, the upward trend will continue to 110.52 - 110.54 JPY. If USD drops below the support levels at 109.59 - 109.57 JPY, it will try to find next support at 109.36 - 109.36 JPY. In case of breaking down, the downward trend will continue to 109.11 - 109.1 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2956 USD to 1.3038 USD. This morning the currency pair is trading at 1.3045 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.309 - 1.3101 USD, the aim will be reaching and testing the zone 1.3143 - 1.3148 USD. If it is successful, the upward trend will continue to 1.3216 - 1.3227 USD. If GBP drops below the support levels at 1.2975 - 1.2965 USD, it will try to find next support at 1.2896 - 1.2891 USD. In case of breaking down, the downward trend will continue to 1.2849 - 1.2839 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9780 CHF to 0.9792 CHF. This morning the currency pair is trading at 0.9790 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9804 - 0.9809 CHF, the aim will be reaching and testing the zone 0.9817 - 0.982 CHF. If it is successful, the upward trend will continue to 0.9839 - 0.9844 CHF. If USD drops below the support levels at 0.9774 - 0.9769 CHF, it will try to find next support at 0.975 - 0.9747 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 1.0873 USD to 1.0839 USD. This morning the currency pair is trading at 1.0841 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0866 - 1.0874 USD, the aim will be reaching and testing the zone 1.0905 - 1.0909 USD. If it is successful, the trend will continue to 1.0921 - 1.0929 USD. If euro drops below the support levels at 1.0819 - 1.0811 USD, it will try to find next support at 1.0798 - 1.0795 USD. In case of breaking down, the downward trend will continue to 1.0763 - 1.0756 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.