Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13103.7 to 13133.6 points. This morning the index is traded at 13134.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13183 - 13194 points, the aim will be reaching and testing the zone 13232.4 - 13237.9. If it is successful, the upward trend will continue to 13303.7 - 13314.7 points. If the DAX drops below the support levels at 13073.3 - 13062.3, it will try to find next support at 12996.5 - 12991. In case of breaking down, the downward trend will continue to 12952.6 - 12941.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.76 USD to 24.47 USD. This morning it is trading at 24.48 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.7 - 24.73 USD, the aim will be reaching and testing the zone 24.97 - 24.99 USD. If it is successful, the upward trend will continue to 25.14 - 25.17 USD. If the precious metal drops below the support levels at 24.29 - 24.25 USD, it will try to find next support at 24.1 - 24.08 USD. In case of breaking down, the downward trend will continue to 23.85 - 23.81 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1888.15 USD to 1879.89 USD. This morning it is trading at 1882.21 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1888.25 - 1889.93 USD, the aim will be reaching and testing the zone 1899.13 - 1899.96 USD. If it is successful, the upward trend will continue to 1904.97 - 1906.65 USD. If the precious metal drops below the support levels at 1873.21 - 1871.53 USD, it will try to find next support at 1866.52 - 1865.69 USD. In case of breaking down, the downward trend will continue to 1856.49 - 1854.81 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 41.41 USD to 41.33 USD per barrel. This morning they are trading at 41.24 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.82 - 41.89 USD, the aim will be reaching and testing the zone 42.3 - 42.34 USD. If it is successful, the upward trend will continue to 42.94 - 43.01 USD. If the Crude Oil futures drop below the support levels at 40.77 - 40.7 USD, they will try to find next support at 40.1 - 40.06 USD. In case of breaking down, the downward trend will continue to 39.65 - 39.57 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3074 CAD to 1.3106 CAD. This morning the currency pair is trading at 1.3105 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3127 - 1.3132 CAD, the aim will be reaching and testing the zone 1.3148 - 1.3151 CAD. If it is successful, the upward trend will continue to 1.318 - 1.3185 CAD. If USD drops below the support levels at 1.3079 - 1.3074 CAD, it will try to find next support at 1.3044 - 1.3042 CAD. In case of breaking down, the downward trend will continue to 1.3026 - 1.3021 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7319 USD to 0.7297 USD. This morning the currency pair is trading at 0.7296 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7322 - 0.7328 USD, the aim will be reaching and testing the zone 0.7356 - 0.7359 USD. If it is successful, the upward trend will continue to 0.7373 - 0.7379 USD. If Australian dollar drops below the support levels at 0.7277 - 0.7272 USD, it will try to find next support at 0.7257 - 0.7255 USD. In case of breaking down, the downward trend will continue to 0.7226 - 0.7221 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 104.58 JPY to 104.1860 JPY. This morning the currency pair is trading at 104.17 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.46 - 104.51 JPY, the aim will be reaching and testing the zone 104.8 - 104.83 JPY. If it is successful, the upward trend will continue to 105 - 105.05 JPY. If USD drops below the support levels at 103.96 - 103.92 JPY, it will try to find next support at 103.74 - 103.72 JPY. In case of breaking down, the downward trend will continue to 103.42 - 103.37 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3190 USD to 1.3244 USD. This morning the currency pair is trading at 1.3258 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3287 - 1.3294 USD, the aim will be reaching and testing the zone 1.3329 - 1.3333 USD. If it is successful, the upward trend will continue to 1.3387 - 1.3394 USD. If GBP drops below the support levels at 1.3194 - 1.3187 USD, it will try to find next support at 1.3133 - 1.3129 USD. In case of breaking down, the downward trend will continue to 1.3094 - 1.3087 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9124 CHF to 0.9116 CHF. This morning the currency pair is trading at 0.9112 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9133 - 0.9136 CHF, the aim will be reaching and testing the zone 0.9151 - 0.9153 CHF. If it is successful, the upward trend will continue to 0.9174 - 0.9177 CHF. If USD drops below the support levels at 0.9095 - 0.9093 CHF, it will try to find next support at 0.9071 - 0.907 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 1.1850 USD to 1.1861 USD. This morning the currency pair is trading at 1.1864 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1886 - 1.1889 USD, the aim will be reaching and testing the zone 1.1915 - 1.1917 USD. If it is successful, the trend will continue to 1.1937 - 1.194 USD. If euro drops below the support levels at 1.1837 - 1.1835 USD, it will try to find next support at 1.1814 - 1.1813 USD. In case of breaking down, the downward trend will continue to 1.1786 - 1.1784 USD.

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