Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12991.9 to 12949.4 points. This morning the index is traded at 12949.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13007.8 - 13022 points, the aim will be reaching and testing the zone 13087.5 - 13094.7. If it is successful, the upward trend will continue to 13124.5 - 13138.7 points. If the DAX drops below the support levels at 12905.3 - 12891.1, it will try to find next support at 12861.3 - 12854.1. In case of breaking down, the downward trend will continue to 12788.6 - 12774.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 24.13 USD to 24.25 USD. This morning it is trading at 24.21 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.63 - 24.63 USD, the aim will be reaching and testing the zone 25 - 25.01 USD. If it is successful, the upward trend will continue to 25.39 - 25.39 USD. If the precious metal drops below the support levels at 23.87 - 23.86 USD, it will try to find next support at 23.48 - 23.48 USD. In case of breaking down, the downward trend will continue to 23.11 - 23.1 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1890.92 USD to 1901.43 USD. This morning it is trading at 1898.88 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1915.31 - 1916.64 USD, the aim will be reaching and testing the zone 1929.19 - 1929.85 USD. If it is successful, the upward trend will continue to 1945.72 - 1947.05 USD. If the precious metal drops below the support levels at 1886.23 - 1884.9 USD, it will try to find next support at 1869.03 - 1868.37 USD. In case of breaking down, the downward trend will continue to 1855.82 - 1854.49 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures raised their value from 40.13 USD to 41.07 USD per barrel. This morning they are trading at 41.26 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.54 - 41.74 USD, the aim will be reaching and testing the zone 42 - 42.11 USD. If it is successful, the upward trend will continue to 42.88 - 43.08 USD. If the Crude Oil futures drop below the support levels at 40.4 - 40.2 USD, they will try to find next support at 39.43 - 39.32 USD. In case of breaking down, the downward trend will continue to 39.06 - 38.86 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3136 CAD to 1.3139 CAD. This morning the currency pair is trading at 1.3151 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3162 - 1.3163 CAD, the aim will be reaching and testing the zone 1.3186 - 1.3186 CAD. If it is successful, the upward trend will continue to 1.3209 - 1.3209 CAD. If USD drops below the support levels at 1.3116 - 1.3116 CAD, it will try to find next support at 1.3092 - 1.3092 CAD. In case of breaking down, the downward trend will continue to 1.3069 - 1.3069 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7159 USD to 0.7162 USD. This morning the currency pair is trading at 0.7134 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7181 - 0.7184 USD, the aim will be reaching and testing the zone 0.7205 - 0.7207 USD. If it is successful, the upward trend will continue to 0.722 - 0.7223 USD. If Australian dollar drops below the support levels at 0.7145 - 0.7142 USD, it will try to find next support at 0.7129 - 0.7128 USD. In case of breaking down, the downward trend will continue to 0.7107 - 0.7104 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 105.47 JPY to 105.1590 JPY. This morning the currency pair is trading at 105.19 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.4 - 105.44 JPY, the aim will be reaching and testing the zone 105.7 - 105.72 JPY. If it is successful, the upward trend will continue to 105.88 - 105.92 JPY. If USD drops below the support levels at 104.95 - 104.92 JPY, it will try to find next support at 104.75 - 104.73 JPY. In case of breaking down, the downward trend will continue to 104.47 - 104.43 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2932 USD to 1.3012 USD. This morning the currency pair is trading at 1.3007 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3096 - 1.3113 USD, the aim will be reaching and testing the zone 1.3181 - 1.3189 USD. If it is successful, the upward trend will continue to 1.3298 - 1.3314 USD. If GBP drops below the support levels at 1.2911 - 1.2895 USD, it will try to find next support at 1.2786 - 1.2778 USD. In case of breaking down, the downward trend will continue to 1.271 - 1.2694 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9146 CHF to 0.9135 CHF. This morning the currency pair is trading at 0.9135 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.916 - 0.9161 CHF, the aim will be reaching and testing the zone 0.9186 - 0.9186 CHF. If it is successful, the upward trend will continue to 0.921 - 0.921 CHF. If USD drops below the support levels at 0.9111 - 0.911 CHF, it will try to find next support at 0.9087 - 0.9087 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 1.1742 USD to 1.1745 USD. This morning the currency pair is trading at 1.1742 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.177 - 1.177 USD, the aim will be reaching and testing the zone 1.1796 - 1.1796 USD. If it is successful, the trend will continue to 1.1821 - 1.1821 USD. If euro drops below the support levels at 1.1719 - 1.1719 USD, it will try to find next support at 1.1694 - 1.1694 USD. In case of breaking down, the downward trend will continue to 1.1668 - 1.1668 USD.

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