Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12641.4 to 12666.9 points. This morning the index is traded at 12663.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12718.4 - 12738.8 points, the aim will be reaching and testing the zone 12769.8 - 12780. If it is successful, the upward trend will continue to 12862.1 - 12882.5 points. If the DAX drops below the support levels at 12595.1 - 12574.7, it will try to find next support at 12492.6 - 12482.4. In case of breaking down, the downward trend will continue to 12451.4 - 12431 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.69 USD to 24.37 USD. This morning it is trading at 24.30 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 25.07 - 25.12 USD, the aim will be reaching and testing the zone 25.85 - 25.87 USD. If it is successful, the upward trend will continue to 26.48 - 26.53 USD. If the precious metal drops below the support levels at 23.71 - 23.67 USD, it will try to find next support at 23.06 - 23.03 USD. In case of breaking down, the downward trend will continue to 22.31 - 22.26 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1910.99 USD to 1899.89 USD. This morning it is trading at 1898.47 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1912.57 - 1914.96 USD, the aim will be reaching and testing the zone 1928.83 - 1930.02 USD. If it is successful, the upward trend will continue to 1937.92 - 1940.31 USD. If the precious metal drops below the support levels at 1889.61 - 1887.22 USD, it will try to find next support at 1879.32 - 1878.13 USD. In case of breaking down, the downward trend will continue to 1864.26 - 1861.87 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures lowered their value from 39.76 USD to 39.73 USD per barrel. This morning they are trading at 39.59 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.25 - 40.27 USD, the aim will be reaching and testing the zone 40.78 - 40.78 USD. If it is successful, the upward trend will continue to 41.32 - 41.34 USD. If the Crude Oil futures drop below the support levels at 39.2 - 39.18 USD, they will try to find next support at 38.64 - 38.64 USD. In case of breaking down, the downward trend will continue to 38.13 - 38.11 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3309 CAD to 1.3303 CAD. This morning the currency pair is trading at 1.3303 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3334 - 1.3338 CAD, the aim will be reaching and testing the zone 1.3371 - 1.3372 CAD. If it is successful, the upward trend will continue to 1.3396 - 1.34 CAD. If USD drops below the support levels at 1.3276 - 1.3272 CAD, it will try to find next support at 1.3248 - 1.3247 CAD. In case of breaking down, the downward trend will continue to 1.3214 - 1.321 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7223 USD to 0.7168 USD. This morning the currency pair is trading at 0.7170 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7209 - 0.7217 USD, the aim will be reaching and testing the zone 0.7262 - 0.7267 USD. If it is successful, the upward trend will continue to 0.729 - 0.7298 USD. If Australian dollar drops below the support levels at 0.7136 - 0.7128 USD, it will try to find next support at 0.7105 - 0.71 USD. In case of breaking down, the downward trend will continue to 0.7055 - 0.7047 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 104.64 JPY to 104.9240 JPY. This morning the currency pair is trading at 104.95 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.2 - 105.26 JPY, the aim will be reaching and testing the zone 105.47 - 105.5 JPY. If it is successful, the upward trend will continue to 105.87 - 105.93 JPY. If USD drops below the support levels at 104.59 - 104.53 JPY, it will try to find next support at 104.16 - 104.13 JPY. In case of breaking down, the downward trend will continue to 103.92 - 103.85 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2815 USD to 1.2724 USD. This morning the currency pair is trading at 1.2734 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2802 - 1.2823 USD, the aim will be reaching and testing the zone 1.2912 - 1.2923 USD. If it is successful, the upward trend will continue to 1.2958 - 1.2979 USD. If GBP drops below the support levels at 1.2667 - 1.2646 USD, it will try to find next support at 1.2611 - 1.26 USD. In case of breaking down, the downward trend will continue to 1.2511 - 1.249 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9144 CHF to 0.9197 CHF. This morning the currency pair is trading at 0.9199 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9227 - 0.9237 CHF, the aim will be reaching and testing the zone 0.9257 - 0.9262 CHF. If it is successful, the upward trend will continue to 0.9306 - 0.9316 CHF. If USD drops below the support levels at 0.9158 - 0.9148 CHF, it will try to find next support at 0.9104 - 0.9099 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 1.1771 USD to 1.1707 USD. This morning the currency pair is trading at 1.1707 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1748 - 1.1757 USD, the aim will be reaching and testing the zone 1.1802 - 1.1806 USD. If it is successful, the trend will continue to 1.1831 - 1.1839 USD. If euro drops below the support levels at 1.1674 - 1.1666 USD, it will try to find next support at 1.1642 - 1.1637 USD. In case of breaking down, the downward trend will continue to 1.1592 - 1.1584 USD.

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