Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12386.2 to 12390.5 points. This morning the index is traded at 12407.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12433.8 - 12440 points, the aim will be reaching and testing the zone 12477.2 - 12480.3. If it is successful, the upward trend will continue to 12532.8 - 12539 points. If the DAX drops below the support levels at 12341 - 12334.8, it will try to find next support at 12282.3 - 12279.2. In case of breaking down, the downward trend will continue to 12242 - 12235.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.72 USD to 17.84 USD. This morning it is trading at 17.85 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.02 - 18.03 USD, the aim will be reaching and testing the zone 18.2 - 18.2 USD. If it is successful, the upward trend will continue to 18.4 - 18.41 USD. If the precious metal drops below the support levels at 17.65 - 17.63 USD, it will try to find next support at 17.43 - 17.43 USD. In case of breaking down, the downward trend will continue to 17.26 - 17.25 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1503.72 USD to 1498.13 USD. This morning it is trading at 1498.99 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1506.25 - 1508.16 USD, the aim will be reaching and testing the zone 1517.24 - 1518.2 USD. If it is successful, the upward trend will continue to 1522.48 - 1524.39 USD. If the precious metal drops below the support levels at 1491.93 - 1490.02 USD, it will try to find next support at 1485.74 - 1484.78 USD. In case of breaking down, the downward trend will continue to 1475.7 - 1473.79 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 59.15 USD to 61.63 USD per barrel. This morning they are trading at 61.72 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 63.48 - 63.67 USD, the aim will be reaching and testing the zone 65.33 - 65.43 USD. If it is successful, the upward trend will continue to 67.57 - 67.76 USD. If the Crude Oil futures drop below the support levels at 59.58 - 59.39 USD, they will try to find next support at 57.25 - 57.15 USD. In case of breaking down, the downward trend will continue to 55.49 - 55.3 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3220 CAD to 1.3239 CAD. This morning the currency pair is trading at 1.3237 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.327 - 1.327 CAD, the aim will be reaching and testing the zone 1.33 - 1.33 CAD. If it is successful, the upward trend will continue to 1.333 - 1.3331 CAD. If USD drops below the support levels at 1.3209 - 1.3209 CAD, it will try to find next support at 1.3179 - 1.3179 CAD. In case of breaking down, the downward trend will continue to 1.3148 - 1.3148 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6862 USD to 0.6863 USD. This morning the currency pair is trading at 0.6868 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6878 - 0.688 USD, the aim will be reaching and testing the zone 0.6896 - 0.6896 USD. If it is successful, the upward trend will continue to 0.6908 - 0.691 USD. If Australian dollar drops below the support levels at 0.685 - 0.6848 USD, it will try to find next support at 0.6836 - 0.6835 USD. In case of breaking down, the downward trend will continue to 0.6819 - 0.6818 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 107.52 JPY to 108.0860 JPY. This morning the currency pair is trading at 108.12 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.34 - 108.42 JPY, the aim will be reaching and testing the zone 108.58 - 108.63 JPY. If it is successful, the upward trend will continue to 109.01 - 109.09 JPY. If USD drops below the support levels at 107.75 - 107.67 JPY, it will try to find next support at 107.29 - 107.24 JPY. In case of breaking down, the downward trend will continue to 107.08 - 107 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2474 USD to 1.2428 USD. This morning the currency pair is trading at 1.2427 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.248 - 1.2487 USD, the aim will be reaching and testing the zone 1.2543 - 1.2547 USD. If it is successful, the upward trend will continue to 1.2584 - 1.2591 USD. If GBP drops below the support levels at 1.2383 - 1.2376 USD, it will try to find next support at 1.2339 - 1.2335 USD. In case of breaking down, the downward trend will continue to 1.2279 - 1.2272 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9873 CHF to 0.9926 CHF. This morning the currency pair is trading at 0.9928 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9955 - 0.9963 CHF, the aim will be reaching and testing the zone 0.9984 - 0.9988 CHF. If it is successful, the upward trend will continue to 1.003 - 1.0038 CHF. If USD drops below the support levels at 0.9888 - 0.988 CHF, it will try to find next support at 0.9839 - 0.9835 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 1.1073 USD to 1.1001 USD. This morning the currency pair is trading at 1.1005 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1048 - 1.1061 USD, the aim will be reaching and testing the zone 1.1114 - 1.112 USD. If it is successful, the trend will continue to 1.1141 - 1.1154 USD. If euro drops below the support levels at 1.0967 - 1.0954 USD, it will try to find next support at 1.0933 - 1.0927 USD. In case of breaking down, the downward trend will continue to 1.0874 - 1.0861 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.