Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12983.6 to 12618.2 points. This morning the index is traded at 12718.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12893 - 12981.9 points, the aim will be reaching and testing the zone 13301.1 - 13345.5. If it is successful, the upward trend will continue to 13442.5 - 13531.4 points. If the DAX drops below the support levels at 12432.4 - 12343.5, it will try to find next support at 12246.5 - 12202.1. In case of breaking down, the downward trend will continue to 11882.9 - 11794 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.65 USD to 17.99 USD. This morning it is trading at 18.05 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.39 - 18.48 USD, the aim will be reaching and testing the zone 18.92 - 18.97 USD. If it is successful, the upward trend will continue to 19.19 - 19.28 USD. If the precious metal drops below the support levels at 17.67 - 17.58 USD, it will try to find next support at 17.36 - 17.32 USD. In case of breaking down, the downward trend will continue to 16.87 - 16.78 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1660.45 USD to 1634.53 USD. This morning it is trading at 1639.67 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1653.89 - 1657.18 USD, the aim will be reaching and testing the zone 1678.19 - 1679.84 USD. If it is successful, the upward trend will continue to 1692.61 - 1695.9 USD. If the precious metal drops below the support levels at 1618.46 - 1615.17 USD, it will try to find next support at 1602.4 - 1600.75 USD. In case of breaking down, the downward trend will continue to 1579.74 - 1576.45 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the March Crude Oil futures lowered their value from 51.33 USD to 50.10 USD per barrel. This morning they are trading at 51.26 - 51.5 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.78 - 52.91 USD, the aim will be reaching and testing the zone 53.58 - 53.82 USD. If it is successful, the upward trend will continue to 49.18 - 48.94 USD. If the Crude Oil futures drop below the support levels at 49.18 - 48.94 USD, they will try to find next support at 48.27 - 48.14 USD. In case of breaking down, the downward trend will continue to 46.86 - 46.62 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3293 CAD to 1.3278 CAD. This morning the currency pair is trading at 1.3279 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3297 - 1.33 CAD, the aim will be reaching and testing the zone 1.332 - 1.3321 CAD. If it is successful, the upward trend will continue to 1.3335 - 1.3338 CAD. If USD drops below the support levels at 1.3262 - 1.3259 CAD, it will try to find next support at 1.3245 - 1.3244 CAD. In case of breaking down, the downward trend will continue to 1.3224 - 1.3221 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6602 USD to 0.6601 USD. This morning the currency pair is trading at 0.6604 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6619 - 0.662 USD, the aim will be reaching and testing the zone 0.6639 - 0.6639 USD. If it is successful, the upward trend will continue to 0.6656 - 0.6657 USD. If Australian dollar drops below the support levels at 0.6584 - 0.6583 USD, it will try to find next support at 0.6567 - 0.6566 USD. In case of breaking down, the downward trend will continue to 0.6548 - 0.6547 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.71 JPY to 110.1960 JPY. This morning the currency pair is trading at 110.29 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.77 - 110.86 JPY, the aim will be reaching and testing the zone 111.48 - 111.52 JPY. If it is successful, the upward trend will continue to 111.92 - 112.01 JPY. If USD drops below the support levels at 109.71 - 109.62 JPY, it will try to find next support at 109.22 - 109.18 JPY. In case of breaking down, the downward trend will continue to 108.56 - 108.47 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2925 USD to 1.3004 USD. This morning the currency pair is trading at 1.3001 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3043 - 1.3056 USD, the aim will be reaching and testing the zone 1.3082 - 1.3089 USD. If it is successful, the upward trend will continue to 1.3147 - 1.316 USD. If GBP drops below the support levels at 1.2952 - 1.2939 USD, it will try to find next support at 1.288 - 1.2874 USD. In case of breaking down, the downward trend will continue to 1.2847 - 1.2835 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9787 CHF to 0.9760 CHF. This morning the currency pair is trading at 0.9761 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9786 - 0.9792 CHF, the aim will be reaching and testing the zone 0.9822 - 0.9825 CHF. If it is successful, the upward trend will continue to 0.984 - 0.9846 CHF. If USD drops below the support levels at 0.9739 - 0.9733 CHF, it will try to find next support at 0.9718 - 0.9715 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 1.0852 USD to 1.0881 USD. This morning the currency pair is trading at 1.0879 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0904 - 1.0911 USD, the aim will be reaching and testing the zone 1.0927 - 1.0931 USD. If it is successful, the trend will continue to 1.0964 - 1.0971 USD. If euro drops below the support levels at 1.0851 - 1.0844 USD, it will try to find next support at 1.081 - 1.0806 USD. In case of breaking down, the downward trend will continue to 1.079 - 1.0783 USD.

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