Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13203.6 to 13194.5 points. This morning the index is traded at 13174.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13295.5 - 13322 points, the aim will be reaching and testing the zone 13436.2 - 13449.4. If it is successful, the upward trend will continue to 13497.4 - 13523.9 points. If the DAX drops below the support levels at 13120.1 - 13093.6, it will try to find next support at 13045.6 - 13032.4. In case of breaking down, the downward trend will continue to 12918.2 - 12891.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.02 USD to 17.14 USD. This morning it is trading at 17.16 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.22 - 17.25 USD, the aim will be reaching and testing the zone 17.31 - 17.32 USD. If it is successful, the upward trend will continue to 17.44 - 17.46 USD. If the precious metal drops below the support levels at 17.03 - 17.01 USD, it will try to find next support at 16.89 - 16.87 USD. In case of breaking down, the downward trend will continue to 16.81 - 16.79 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1471.24 USD to 1472.10 USD. This morning it is trading at 1474.48 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1476.72 - 1477.43 USD, the aim will be reaching and testing the zone 1481.34 - 1481.7 USD. If it is successful, the upward trend will continue to 1487.38 - 1488.09 USD. If the precious metal drops below the support levels at 1466.77 - 1466.06 USD, it will try to find next support at 1460.38 - 1460.02 USD. In case of breaking down, the downward trend will continue to 1456.11 - 1455.4 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 56.97 USD to 55.24 USD per barrel. This morning they are trading at 55.33 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 56.26 - 56.56 USD, the aim will be reaching and testing the zone 57.74 - 57.89 USD. If it is successful, the upward trend will continue to 58.3 - 58.6 USD. If the Crude Oil futures drop below the support levels at 54.52 - 54.22 USD, they will try to find next support at 53.81 - 53.66 USD. In case of breaking down, the downward trend will continue to 52.48 - 52.18 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3204 CAD to 1.3266 CAD. This morning the currency pair is trading at 1.3271 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3296 - 1.3308 CAD, the aim will be reaching and testing the zone 1.3325 - 1.3331 CAD. If it is successful, the upward trend will continue to 1.3378 - 1.339 CAD. If USD drops below the support levels at 1.3225 - 1.3213 CAD, it will try to find next support at 1.3166 - 1.316 CAD. In case of breaking down, the downward trend will continue to 1.3143 - 1.3131 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6809 USD to 0.6827 USD. This morning the currency pair is trading at 0.6824 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6846 - 0.6852 USD, the aim will be reaching and testing the zone 0.6865 - 0.6868 USD. If it is successful, the upward trend will continue to 0.6896 - 0.6902 USD. If Australian dollar drops below the support levels at 0.6802 - 0.6796 USD, it will try to find next support at 0.6768 - 0.6765 USD. In case of breaking down, the downward trend will continue to 0.6752 - 0.6746 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.67 JPY to 108.5330 JPY. This morning the currency pair is trading at 108.47 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.73 - 108.76 JPY, the aim will be reaching and testing the zone 108.97 - 108.99 JPY. If it is successful, the upward trend will continue to 109.11 - 109.15 JPY. If USD drops below the support levels at 108.38 - 108.34 JPY, it will try to find next support at 108.22 - 108.2 JPY. In case of breaking down, the downward trend will continue to 107.99 - 107.96 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2950 USD to 1.2924 USD. This morning the currency pair is trading at 1.2928 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2954 - 1.2959 USD, the aim will be reaching and testing the zone 1.2992 - 1.2994 USD. If it is successful, the upward trend will continue to 1.3014 - 1.3019 USD. If GBP drops below the support levels at 1.2899 - 1.2894 USD, it will try to find next support at 1.2874 - 1.2872 USD. In case of breaking down, the downward trend will continue to 1.2839 - 1.2834 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9894 CHF to 0.9904 CHF. This morning the currency pair is trading at 0.9904 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.992 - 0.9922 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 0.9957 - 0.9958 CHF. If USD drops below the support levels at 0.9885 - 0.9884 CHF, it will try to find next support at 0.9865 - 0.9865 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 1.1071 USD to 1.1078 USD. This morning the currency pair is trading at 1.1078 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1087 - 1.1088 USD, the aim will be reaching and testing the zone 1.1096 - 1.1097 USD. If it is successful, the trend will continue to 1.1108 - 1.111 USD. If euro drops below the support levels at 1.1067 - 1.1065 USD, it will try to find next support at 1.1054 - 1.1053 USD. In case of breaking down, the downward trend will continue to 1.1045 - 1.1044 USD.

This information is not to be interpreted as an investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 takes no responsibility and is not to be held accountable for any use that may be made of the information provided and for any consequences that may result therefrom. No express warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please be advised that trading CFDs involves a significant risk of loss.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning
Icons/ic_arrow_downCreated with Sketch.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.