Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12658.7 to 12518.6 points. This morning the index is traded at 12516.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12671 - 12716.7 points, the aim will be reaching and testing the zone 12891.9 - 12914.7. If it is successful, the upward trend will continue to 12975.7 - 13021.4 points. If the DAX drops below the support levels at 12412 - 12366.3, it will try to find next support at 12305.3 - 12282.5. In case of breaking down, the downward trend will continue to 12107.3 - 12061.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.36 USD to 22.75 USD. This morning it is trading at 22.44 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 23.7 - 23.95 USD, the aim will be reaching and testing the zone 25.02 - 25.15 USD. If it is successful, the upward trend will continue to 25.58 - 25.84 USD. If the precious metal drops below the support levels at 22.07 - 21.81 USD, it will try to find next support at 21.38 - 21.25 USD. In case of breaking down, the downward trend will continue to 20.18 - 19.93 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1898.47 USD to 1862.83 USD. This morning it is trading at 1857.88 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1887.6 - 1893.38 USD, the aim will be reaching and testing the zone 1921.04 - 1923.93 USD. If it is successful, the upward trend will continue to 1937.14 - 1942.92 USD. If the precious metal drops below the support levels at 1843.84 - 1838.06 USD, it will try to find next support at 1824.85 - 1821.96 USD. In case of breaking down, the downward trend will continue to 1794.3 - 1788.52 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures lowered their value from 39.71 USD to 39.55 USD per barrel. This morning they are trading at 39.45 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.29 - 40.43 USD, the aim will be reaching and testing the zone 41.24 - 41.31 USD. If it is successful, the upward trend will continue to 41.77 - 41.91 USD. If the Crude Oil futures drop below the support levels at 38.95 - 38.81 USD, they will try to find next support at 38.35 - 38.28 USD. In case of breaking down, the downward trend will continue to 37.47 - 37.33 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3303 CAD to 1.3386 CAD. This morning the currency pair is trading at 1.3381 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3417 - 1.3433 CAD, the aim will be reaching and testing the zone 1.3449 - 1.3456 CAD. If it is successful, the upward trend will continue to 1.351 - 1.3526 CAD. If USD drops below the support levels at 1.334 - 1.3324 CAD, it will try to find next support at 1.327 - 1.3263 CAD. In case of breaking down, the downward trend will continue to 1.3247 - 1.3231 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7168 USD to 0.7071 USD. This morning the currency pair is trading at 0.7074 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7126 - 0.7143 USD, the aim will be reaching and testing the zone 0.7206 - 0.7215 USD. If it is successful, the upward trend will continue to 0.7235 - 0.7252 USD. If Australian dollar drops below the support levels at 0.7034 - 0.7017 USD, it will try to find next support at 0.6996 - 0.6988 USD. In case of breaking down, the downward trend will continue to 0.6924 - 0.6907 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 104.92 JPY to 105.3820 JPY. This morning the currency pair is trading at 105.35 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.64 - 105.72 JPY, the aim will be reaching and testing the zone 105.9 - 105.94 JPY. If it is successful, the upward trend will continue to 106.32 - 106.4 JPY. If USD drops below the support levels at 105.04 - 104.97 JPY, it will try to find next support at 104.59 - 104.55 JPY. In case of breaking down, the downward trend will continue to 104.37 - 104.29 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2728 USD to 1.2723 USD. This morning the currency pair is trading at 1.2724 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2774 - 1.2775 USD, the aim will be reaching and testing the zone 1.2827 - 1.2827 USD. If it is successful, the upward trend will continue to 1.2877 - 1.2877 USD. If GBP drops below the support levels at 1.2673 - 1.2672 USD, it will try to find next support at 1.2622 - 1.2622 USD. In case of breaking down, the downward trend will continue to 1.2571 - 1.257 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9197 CHF to 0.9240 CHF. This morning the currency pair is trading at 0.9240 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9262 - 0.9271 CHF, the aim will be reaching and testing the zone 0.9284 - 0.9288 CHF. If it is successful, the upward trend will continue to 0.9324 - 0.9334 CHF. If USD drops below the support levels at 0.9209 - 0.9199 CHF, it will try to find next support at 0.9163 - 0.9159 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 1.1707 USD to 1.1660 USD. This morning the currency pair is trading at 1.1662 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1694 - 1.1702 USD, the aim will be reaching and testing the zone 1.174 - 1.1744 USD. If it is successful, the trend will continue to 1.1761 - 1.1769 USD. If euro drops below the support levels at 1.1634 - 1.1626 USD, it will try to find next support at 1.1609 - 1.1605 USD. In case of breaking down, the downward trend will continue to 1.1567 - 1.1558 USD.

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