Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX raised its value from 13270.2 to 13356.5 points. This morning the index is traded at 13356.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13400.4 - 13420.8 points, the aim will be reaching and testing the zone 13444.2 - 13454.5. If it is successful, the upward trend will continue to 13529 - 13549.4 points. If the DAX drops below the support levels at 13292.2 - 13271.8, it will try to find next support at 13197.3 - 13187. In case of breaking down, the downward trend will continue to 13163.6 - 13143.2 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver lowered its value from 23.31 USD to 22.65 USD. This morning it is trading at 22.63 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 23.14 - 23.2 USD, the aim will be reaching and testing the zone 23.72 - 23.75 USD. If it is successful, the upward trend will continue to 24.13 - 24.19 USD. If the precious metal drops below the support levels at 22.21 - 22.16 USD, it will try to find next support at 21.77 - 21.74 USD. In case of breaking down, the downward trend will continue to 21.22 - 21.17 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold lowered its value from 1809.16 USD to 1785.80 USD. This morning it is trading at 1786.06 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1805.57 - 1808.21 USD, the aim will be reaching and testing the zone 1829.29 - 1830.61 USD. If it is successful, the upward trend will continue to 1845.1 - 1847.74 USD. If the precious metal drops below the support levels at 1768.68 - 1766.04 USD, it will try to find next support at 1751.55 - 1750.23 USD. In case of breaking down, the downward trend will continue to 1729.15 - 1726.51 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the December Crude Oil futures raised their value from 44.85 USD to 45.42 USD per barrel. This morning they are trading at 45.12 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 45.89 - 46.01 USD, the aim will be reaching and testing the zone 46.36 - 46.42 USD. If it is successful, the upward trend will continue to 47.07 - 47.19 USD. If the Crude Oil futures drop below the support levels at 44.83 - 44.71 USD, they will try to find next support at 44.06 - 44 USD. In case of breaking down, the downward trend will continue to 43.66 - 43.54 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3012 CAD to 1.2980 CAD. This morning the currency pair is trading at 1.2982 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3007 - 1.3013 CAD, the aim will be reaching and testing the zone 1.3042 - 1.3045 CAD. If it is successful, the upward trend will continue to 1.306 - 1.3066 CAD. If USD drops below the support levels at 1.2959 - 1.2953 CAD, it will try to find next support at 1.2939 - 1.2936 CAD. In case of breaking down, the downward trend will continue to 1.2906 - 1.29 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.7355 USD to 0.7378 USD. This morning the currency pair is trading at 0.7401 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7402 - 0.7403 USD, the aim will be reaching and testing the zone 0.7426 - 0.7426 USD. If it is successful, the upward trend will continue to 0.7453 - 0.7454 USD. If Australian dollar drops below the support levels at 0.7352 - 0.735 USD, it will try to find next support at 0.7324 - 0.7323 USD. In case of breaking down, the downward trend will continue to 0.7301 - 0.7299 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 104.22 JPY to 104.0570 JPY. This morning the currency pair is trading at 104.10 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.26 - 104.27 JPY, the aim will be reaching and testing the zone 104.48 - 104.49 JPY. If it is successful, the upward trend will continue to 104.66 - 104.68 JPY. If USD drops below the support levels at 103.87 - 103.86 JPY, it will try to find next support at 103.68 - 103.68 JPY. In case of breaking down, the downward trend will continue to 103.47 - 103.45 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound lowered its value from 1.3352 USD to 1.3307 USD. This morning the currency pair is trading at 1.3332 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3359 - 1.3366 USD, the aim will be reaching and testing the zone 1.3421 - 1.3425 USD. If it is successful, the upward trend will continue to 1.3462 - 1.3469 USD. If GBP drops below the support levels at 1.3263 - 1.3256 USD, it will try to find next support at 1.3219 - 1.3215 USD. In case of breaking down, the downward trend will continue to 1.316 - 1.3153 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 0.9058 CHF to 0.9042 CHF. This morning the currency pair is trading at 0.9042 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9066 - 0.9071 CHF, the aim will be reaching and testing the zone 0.9097 - 0.91 CHF. If it is successful, the upward trend will continue to 0.9112 - 0.9118 CHF. If USD drops below the support levels at 0.9025 - 0.9019 CHF, it will try to find next support at 0.9007 - 0.9004 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 on Friday, the euro raised its value from 1.1912 USD to 1.1963 USD. This morning the currency pair is trading at 1.1970 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1983 - 1.1993 USD, the aim will be reaching and testing the zone 1.2003 - 1.2008 USD. If it is successful, the trend will continue to 1.2043 - 1.2053 USD. If euro drops below the support levels at 1.1932 - 1.1923 USD, it will try to find next support at 1.1887 - 1.1883 USD. In case of breaking down, the downward trend will continue to 1.1872 - 1.1862 USD.

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