Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 9756.8 to 9362.1 points. This morning the index is traded at 9369.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 9583.1 - 9643.8 points, the aim will be reaching and testing the zone 9895.1 - 9925.5. If it is successful, the upward trend will continue to 10025 - 10085.7 points. If the DAX drops below the support levels at 9201.9 - 9141.2, it will try to find next support at 9041.7 - 9011.3. In case of breaking down, the downward trend will continue to 8760 - 8699.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 13.94 USD to 13.96 USD. This morning it is trading at 14.02 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.12 - 14.12 USD, the aim will be reaching and testing the zone 14.29 - 14.29 USD. If it is successful, the upward trend will continue to 14.44 - 14.45 USD. If the precious metal drops below the support levels at 13.8 - 13.79 USD, it will try to find next support at 13.64 - 13.64 USD. In case of breaking down, the downward trend will continue to 13.47 - 13.47 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1572.34 USD to 1588.33 USD. This morning it is trading at 1589.86 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1602.77 - 1605.21 USD, the aim will be reaching and testing the zone 1617.2 - 1618.43 USD. If it is successful, the upward trend will continue to 1636.53 - 1638.97 USD. If the precious metal drops below the support levels at 1571.45 - 1569.01 USD, it will try to find next support at 1550.91 - 1549.68 USD. In case of breaking down, the downward trend will continue to 1537.69 - 1535.25 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures raised their value from 20.05 USD to 21.18 USD per barrel. This morning they are trading at 21.23 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 21.84 - 22 USD, the aim will be reaching and testing the zone 22.5 - 22.58 USD. If it is successful, the upward trend will continue to 23.48 - 23.64 USD. If the Crude Oil futures drop below the support levels at 20.36 - 20.2 USD, they will try to find next support at 19.31 - 19.23 USD. In case of breaking down, the downward trend will continue to 18.73 - 18.57 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.4062 CAD to 1.4186 CAD. This morning the currency pair is trading at 1.4158 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.4286 - 1.4294 CAD, the aim will be reaching and testing the zone 1.4387 - 1.4391 CAD. If it is successful, the upward trend will continue to 1.4502 - 1.451 CAD. If USD drops below the support levels at 1.4078 - 1.407 CAD, it will try to find next support at 1.3959 - 1.3955 CAD. In case of breaking down, the downward trend will continue to 1.3862 - 1.3854 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6134 USD to 0.6068 USD. This morning the currency pair is trading at 0.6081 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6141 - 0.6156 USD, the aim will be reaching and testing the zone 0.6236 - 0.6243 USD. If it is successful, the upward trend will continue to 0.6288 - 0.6302 USD. If Australian dollar drops below the support levels at 0.6009 - 0.5994 USD, it will try to find next support at 0.595 - 0.5943 USD. In case of breaking down, the downward trend will continue to 0.5862 - 0.5848 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 107.52 JPY to 107.1510 JPY. This morning the currency pair is trading at 107.20 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.66 - 107.75 JPY, the aim will be reaching and testing the zone 108.31 - 108.36 JPY. If it is successful, the upward trend will continue to 108.68 - 108.77 JPY. If USD drops below the support levels at 106.73 - 106.64 JPY, it will try to find next support at 106.32 - 106.27 JPY. In case of breaking down, the downward trend will continue to 105.71 - 105.62 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2422 USD to 1.2368 USD. This morning the currency pair is trading at 1.2395 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2426 - 1.2432 USD, the aim will be reaching and testing the zone 1.2492 - 1.2495 USD. If it is successful, the upward trend will continue to 1.254 - 1.2546 USD. If GBP drops below the support levels at 1.2317 - 1.2311 USD, it will try to find next support at 1.2266 - 1.2263 USD. In case of breaking down, the downward trend will continue to 1.2202 - 1.2196 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9606 CHF to 0.9656 CHF. This morning the currency pair is trading at 0.9659 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9698 - 0.9702 CHF, the aim will be reaching and testing the zone 0.974 - 0.9742 CHF. If it is successful, the upward trend will continue to 0.979 - 0.9794 CHF. If USD drops below the support levels at 0.961 - 0.9606 CHF, it will try to find next support at 0.9559 - 0.9557 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 1.1030 USD to 1.0962 USD. This morning the currency pair is trading at 1.0954 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.103 - 1.1033 USD, the aim will be reaching and testing the zone 1.1103 - 1.1104 USD. If it is successful, the trend will continue to 1.1167 - 1.1169 USD. If euro drops below the support levels at 1.0897 - 1.0894 USD, it will try to find next support at 1.0831 - 1.083 USD. In case of breaking down, the downward trend will continue to 1.076 - 1.0758 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.