Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13286.4 to 13267.5 points. This morning the index is traded at 13267.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13379 - 13398.9 points, the aim will be reaching and testing the zone 13520.3 - 13530.2. If it is successful, the upward trend will continue to 13602 - 13621.9 points. If the DAX drops below the support levels at 13175.9 - 13156, it will try to find next support at 13084.2 - 13074.3. In case of breaking down, the downward trend will continue to 12952.9 - 12933 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 22.66 USD to 22.62 USD. This morning it is trading at 22.65 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 22.94 - 23.04 USD, the aim will be reaching and testing the zone 23.26 - 23.31 USD. If it is successful, the upward trend will continue to 23.79 - 23.9 USD. If the precious metal drops below the support levels at 22.19 - 22.09 USD, it will try to find next support at 21.61 - 21.55 USD. In case of breaking down, the downward trend will continue to 21.34 - 21.23 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1788.10 USD to 1776.36 USD. This morning it is trading at 1778.56 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1789.26 - 1789.3 USD, the aim will be reaching and testing the zone 1802.22 - 1802.25 USD. If it is successful, the upward trend will continue to 1815.05 - 1815.09 USD. If the precious metal drops below the support levels at 1763.51 - 1763.47 USD, it will try to find next support at 1750.67 - 1750.64 USD. In case of breaking down, the downward trend will continue to 1737.72 - 1737.68 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 45.28 USD to 45.01 USD per barrel. This morning they are trading at 45.17 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 45.71 - 45.73 USD, the aim will be reaching and testing the zone 46.44 - 46.45 USD. If it is successful, the upward trend will continue to 47.11 - 47.13 USD. If the Crude Oil futures drop below the support levels at 44.32 - 44.3 USD, they will try to find next support at 43.64 - 43.63 USD. In case of breaking down, the downward trend will continue to 42.92 - 42.9 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.2991 CAD to 1.2984 CAD. This morning the currency pair is trading at 1.2991 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3021 - 1.3027 CAD, the aim will be reaching and testing the zone 1.3059 - 1.3062 CAD. If it is successful, the upward trend will continue to 1.3109 - 1.3115 CAD. If USD drops below the support levels at 1.294 - 1.2934 CAD, it will try to find next support at 1.2888 - 1.2885 CAD. In case of breaking down, the downward trend will continue to 1.2853 - 1.2847 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7383 USD to 0.7339 USD. This morning the currency pair is trading at 0.7359 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7373 - 0.7384 USD, the aim will be reaching and testing the zone 0.7424 - 0.743 USD. If it is successful, the upward trend will continue to 0.7442 - 0.7453 USD. If Australian dollar drops below the support levels at 0.7315 - 0.7304 USD, it will try to find next support at 0.7292 - 0.7287 USD. In case of breaking down, the downward trend will continue to 0.7247 - 0.7235 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 103.99 JPY to 104.2800 JPY. This morning the currency pair is trading at 104.29 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.52 - 104.57 JPY, the aim will be reaching and testing the zone 104.75 - 104.78 JPY. If it is successful, the upward trend will continue to 105.1 - 105.15 JPY. If USD drops below the support levels at 103.99 - 103.93 JPY, it will try to find next support at 103.61 - 103.59 JPY. In case of breaking down, the downward trend will continue to 103.41 - 103.35 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3327 USD to 1.3318 USD. This morning the currency pair is trading at 1.3336 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3374 - 1.3377 USD, the aim will be reaching and testing the zone 1.3434 - 1.3436 USD. If it is successful, the upward trend will continue to 1.3485 - 1.3488 USD. If GBP drops below the support levels at 1.3266 - 1.3262 USD, it will try to find next support at 1.3213 - 1.3212 USD. In case of breaking down, the downward trend will continue to 1.3154 - 1.3151 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9032 CHF to 0.9082 CHF. This morning the currency pair is trading at 0.9082 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.911 - 0.9119 CHF, the aim will be reaching and testing the zone 0.9138 - 0.9143 CHF. If it is successful, the upward trend will continue to 0.9184 - 0.9193 CHF. If USD drops below the support levels at 0.9045 - 0.9036 CHF, it will try to find next support at 0.8995 - 0.899 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 1.1957 USD to 1.1922 USD. This morning the currency pair is trading at 1.1937 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1963 - 1.1977 USD, the aim will be reaching and testing the zone 1.2024 - 1.2031 USD. If it is successful, the trend will continue to 1.2045 - 1.2059 USD. If euro drops below the support levels at 1.1895 - 1.1881 USD, it will try to find next support at 1.1867 - 1.186 USD. In case of breaking down, the downward trend will continue to 1.1813 - 1.1799 USD.

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