Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12980.5 to 12723.5 points. This morning the index is traded at 12723.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12924.1 - 12942.9 points, the aim will be reaching and testing the zone 13152.8 - 13162.2. If it is successful, the upward trend will continue to 13325.2 - 13344 points. If the DAX drops below the support levels at 12541.8 - 12523, it will try to find next support at 12360 - 12350.6. In case of breaking down, the downward trend will continue to 12140.7 - 12121.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 24.26 USD to 24.29 USD. This morning it is trading at 24.26 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.54 - 24.66 USD, the aim will be reaching and testing the zone 24.8 - 24.86 USD. If it is successful, the upward trend will continue to 25.29 - 25.4 USD. If the precious metal drops below the support levels at 23.92 - 23.8 USD, it will try to find next support at 23.37 - 23.31 USD. In case of breaking down, the downward trend will continue to 23.18 - 23.06 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1901.22 USD to 1908.40 USD. This morning it is trading at 1907.37 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1914.92 - 1918.04 USD, the aim will be reaching and testing the zone 1921.44 - 1923 USD. If it is successful, the upward trend will continue to 1934.2 - 1937.32 USD. If the precious metal drops below the support levels at 1898.76 - 1895.64 USD, it will try to find next support at 1884.44 - 1882.88 USD. In case of breaking down, the downward trend will continue to 1879.48 - 1876.36 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures lowered their value from 41.12 USD to 40.90 USD per barrel. This morning they are trading at 40.79 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.71 - 41.94 USD, the aim will be reaching and testing the zone 42.53 - 42.64 USD. If it is successful, the upward trend will continue to 43.78 - 44.01 USD. If the Crude Oil futures drop below the support levels at 39.87 - 39.64 USD, they will try to find next support at 38.5 - 38.39 USD. In case of breaking down, the downward trend will continue to 37.8 - 37.57 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3140 CAD to 1.3218 CAD. This morning the currency pair is trading at 1.3225 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3273 - 1.328 CAD, the aim will be reaching and testing the zone 1.3328 - 1.3331 CAD. If it is successful, the upward trend will continue to 1.3397 - 1.3404 CAD. If USD drops below the support levels at 1.3156 - 1.3149 CAD, it will try to find next support at 1.3084 - 1.308 CAD. In case of breaking down, the downward trend will continue to 1.3033 - 1.3025 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7162 USD to 0.7093 USD. This morning the currency pair is trading at 0.7088 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.715 - 0.7157 USD, the aim will be reaching and testing the zone 0.7217 - 0.722 USD. If it is successful, the upward trend will continue to 0.7264 - 0.7271 USD. If Australian dollar drops below the support levels at 0.7042 - 0.7036 USD, it will try to find next support at 0.6992 - 0.6988 USD. In case of breaking down, the downward trend will continue to 0.6928 - 0.6921 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.16 JPY to 105.4410 JPY. This morning the currency pair is trading at 105.38 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.6 - 105.66 JPY, the aim will be reaching and testing the zone 105.76 - 105.79 JPY. If it is successful, the upward trend will continue to 106.03 - 106.09 JPY. If USD drops below the support levels at 105.22 - 105.17 JPY, it will try to find next support at 104.92 - 104.9 JPY. In case of breaking down, the downward trend will continue to 104.79 - 104.74 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3012 USD to 1.2902 USD. This morning the currency pair is trading at 1.2900 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2972 - 1.2991 USD, the aim will be reaching and testing the zone 1.307 - 1.308 USD. If it is successful, the upward trend will continue to 1.3111 - 1.313 USD. If GBP drops below the support levels at 1.2852 - 1.2833 USD, it will try to find next support at 1.2801 - 1.2791 USD. In case of breaking down, the downward trend will continue to 1.2712 - 1.2693 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9137 CHF to 0.9142 CHF. This morning the currency pair is trading at 0.9146 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9156 - 0.9157 CHF, the aim will be reaching and testing the zone 0.917 - 0.9171 CHF. If it is successful, the upward trend will continue to 0.9186 - 0.9186 CHF. If USD drops below the support levels at 0.9128 - 0.9127 CHF, it will try to find next support at 0.9112 - 0.9112 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 1.1745 USD to 1.1707 USD. This morning the currency pair is trading at 1.1705 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1741 - 1.1747 USD, the aim will be reaching and testing the zone 1.1784 - 1.1787 USD. If it is successful, the trend will continue to 1.1811 - 1.1816 USD. If euro drops below the support levels at 1.1677 - 1.1672 USD, it will try to find next support at 1.1648 - 1.1645 USD. In case of breaking down, the downward trend will continue to 1.1608 - 1.1603 USD.

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