Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13227.3 to 13202.6 points. This morning the index is traded at 13197.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13277.3 - 13279.9 points, the aim will be reaching and testing the zone 13355.8 - 13357.1. If it is successful, the upward trend will continue to 13426.6 - 13429.2 points. If the DAX drops below the support levels at 13130.6 - 13128, it will try to find next support at 13058.5 - 13057.2. In case of breaking down, the downward trend will continue to 12981.3 - 12978.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.97 USD to 17.03 USD. This morning it is trading at 17.03 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.14 - 17.19 USD, the aim will be reaching and testing the zone 17.25 - 17.27 USD. If it is successful, the upward trend will continue to 17.45 - 17.5 USD. If the precious metal drops below the support levels at 16.87 - 16.83 USD, it will try to find next support at 16.65 - 16.62 USD. In case of breaking down, the downward trend will continue to 16.56 - 16.51 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1467.72 USD to 1471.02 USD. This morning it is trading at 1471.62 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1477.88 - 1479.87 USD, the aim will be reaching and testing the zone 1484.74 - 1485.73 USD. If it is successful, the upward trend will continue to 1495.57 - 1497.56 USD. If the precious metal drops below the support levels at 1462.18 - 1460.19 USD, it will try to find next support at 1450.35 - 1449.36 USD. In case of breaking down, the downward trend will continue to 1444.49 - 1442.5 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 57.90 USD to 56.95 USD per barrel. This morning they are trading at 56.99 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.71 - 57.85 USD, the aim will be reaching and testing the zone 58.69 - 58.76 USD. If it is successful, the upward trend will continue to 59.23 - 59.37 USD. If the Crude Oil futures drop below the support levels at 56.33 - 56.19 USD, they will try to find next support at 55.72 - 55.65 USD. In case of breaking down, the downward trend will continue to 54.81 - 54.67 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3222 CAD to 1.3204 CAD. This morning the currency pair is trading at 1.3207 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3222 - 1.3226 CAD, the aim will be reaching and testing the zone 1.3246 - 1.3248 CAD. If it is successful, the upward trend will continue to 1.3258 - 1.3262 CAD. If USD drops below the support levels at 1.3191 - 1.3187 CAD, it will try to find next support at 1.3177 - 1.3175 CAD. In case of breaking down, the downward trend will continue to 1.3155 - 1.3151 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6815 USD to 0.6808 USD. This morning the currency pair is trading at 0.6804 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6819 - 0.682 USD, the aim will be reaching and testing the zone 0.6833 - 0.6833 USD. If it is successful, the upward trend will continue to 0.6843 - 0.6844 USD. If Australian dollar drops below the support levels at 0.6796 - 0.6796 USD, it will try to find next support at 0.6785 - 0.6785 USD. In case of breaking down, the downward trend will continue to 0.6773 - 0.6772 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.77 JPY to 108.6700 JPY. This morning the currency pair is trading at 108.66 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.95 - 108.99 JPY, the aim will be reaching and testing the zone 109.29 - 109.31 JPY. If it is successful, the upward trend will continue to 109.51 - 109.55 JPY. If USD drops below the support levels at 108.43 - 108.39 JPY, it will try to find next support at 108.19 - 108.17 JPY. In case of breaking down, the downward trend will continue to 107.87 - 107.83 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2921 USD to 1.2952 USD. This morning the currency pair is trading at 1.2948 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2988 - 1.299 USD, the aim will be reaching and testing the zone 1.3025 - 1.3025 USD. If it is successful, the upward trend will continue to 1.3065 - 1.3066 USD. If GBP drops below the support levels at 1.2913 - 1.2911 USD, it will try to find next support at 1.2872 - 1.2871 USD. In case of breaking down, the downward trend will continue to 1.2837 - 1.2835 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9891 CHF to 0.9895 CHF. This morning the currency pair is trading at 0.9893 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9916 - 0.9918 CHF, the aim will be reaching and testing the zone 0.9937 - 0.9938 CHF. If it is successful, the upward trend will continue to 0.9962 - 0.9963 CHF. If USD drops below the support levels at 0.9872 - 0.9871 CHF, it will try to find next support at 0.9847 - 0.9847 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 1.1051 USD to 1.1071 USD. This morning the currency pair is trading at 1.1072 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1091 - 1.1092 USD, the aim will be reaching and testing the zone 1.1112 - 1.1112 USD. If it is successful, the trend will continue to 1.1134 - 1.1134 USD. If euro drops below the support levels at 1.105 - 1.1049 USD, it will try to find next support at 1.1027 - 1.1027 USD. In case of breaking down, the downward trend will continue to 1.1007 - 1.1007 USD.

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