Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13292.4 to 13264.5 points. This morning the index is traded at 13264.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13307.8 - 13313.5 points, the aim will be reaching and testing the zone 13359.7 - 13362.6. If it is successful, the upward trend will continue to 13394.4 - 13400.1 points. If the DAX drops below the support levels at 13226.9 - 13221.2, it will try to find next support at 13189.4 - 13186.5. In case of breaking down, the downward trend will continue to 13140.3 - 13134.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 23.33 USD to 23.30 USD. This morning it is trading at 23.18 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 23.45 - 23.45 USD, the aim will be reaching and testing the zone 23.6 - 23.6 USD. If it is successful, the upward trend will continue to 23.75 - 23.75 USD. If the precious metal drops below the support levels at 23.16 - 23.15 USD, it will try to find next support at 23.01 - 23.01 USD. In case of breaking down, the downward trend will continue to 22.86 - 22.86 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1806.39 USD to 1809.50 USD. This morning it is trading at 1808.78 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1815.89 - 1816.56 USD, the aim will be reaching and testing the zone 1823.28 - 1823.61 USD. If it is successful, the upward trend will continue to 1828.67 - 1829.34 USD. If the precious metal drops below the support levels at 1803.78 - 1803.11 USD, it will try to find next support at 1798.05 - 1797.72 USD. In case of breaking down, the downward trend will continue to 1791 - 1790.33 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 45.85 USD to 44.92 USD per barrel. This morning they are trading at 44.93 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 45.61 - 45.76 USD, the aim will be reaching and testing the zone 46.52 - 46.6 USD. If it is successful, the upward trend will continue to 47.01 - 47.15 USD. If the Crude Oil futures drop below the support levels at 44.36 - 44.22 USD, they will try to find next support at 43.81 - 43.74 USD. In case of breaking down, the downward trend will continue to 42.97 - 42.83 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3006 CAD to 1.3011 CAD. This morning the currency pair is trading at 1.3020 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3027 - 1.3029 CAD, the aim will be reaching and testing the zone 1.3042 - 1.3043 CAD. If it is successful, the upward trend will continue to 1.3062 - 1.3064 CAD. If USD drops below the support levels at 1.2994 - 1.2992 CAD, it will try to find next support at 1.2973 - 1.2972 CAD. In case of breaking down, the downward trend will continue to 1.2959 - 1.2956 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7361 USD to 0.7355 USD. This morning the currency pair is trading at 0.7356 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7369 - 0.7371 USD, the aim will be reaching and testing the zone 0.7386 - 0.7387 USD. If it is successful, the upward trend will continue to 0.7398 - 0.7399 USD. If Australian dollar drops below the support levels at 0.7342 - 0.7341 USD, it will try to find next support at 0.733 - 0.7329 USD. In case of breaking down, the downward trend will continue to 0.7314 - 0.7312 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 104.43 JPY to 104.2170 JPY. This morning the currency pair is trading at 104.25 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.35 - 104.39 JPY, the aim will be reaching and testing the zone 104.55 - 104.57 JPY. If it is successful, the upward trend will continue to 104.62 - 104.66 JPY. If USD drops below the support levels at 104.12 - 104.08 JPY, it will try to find next support at 104.03 - 104.01 JPY. In case of breaking down, the downward trend will continue to 103.86 - 103.82 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3365 USD to 1.3353 USD. This morning the currency pair is trading at 1.3352 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3391 - 1.3393 USD, the aim will be reaching and testing the zone 1.3432 - 1.3433 USD. If it is successful, the upward trend will continue to 1.3467 - 1.3469 USD. If GBP drops below the support levels at 1.3317 - 1.3315 USD, it will try to find next support at 1.3281 - 1.328 USD. In case of breaking down, the downward trend will continue to 1.3241 - 1.3239 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9073 CHF to 0.9057 CHF. This morning the currency pair is trading at 0.9065 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9075 - 0.9081 CHF, the aim will be reaching and testing the zone 0.9103 - 0.9106 CHF. If it is successful, the upward trend will continue to 0.9113 - 0.9119 CHF. If USD drops below the support levels at 0.9044 - 0.9038 CHF, it will try to find next support at 0.9031 - 0.9028 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 1.1910 USD to 1.1911 USD. This morning the currency pair is trading at 1.1910 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1939 - 1.1939 USD, the aim will be reaching and testing the zone 1.1967 - 1.1968 USD. If it is successful, the trend will continue to 1.1995 - 1.1995 USD. If euro drops below the support levels at 1.1883 - 1.1883 USD, it will try to find next support at 1.1856 - 1.1856 USD. In case of breaking down, the downward trend will continue to 1.1828 - 1.1827 USD.

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