Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12417.5 to 12426.2 points. This morning the index is traded at 12433.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12483 - 12488.3 points, the aim will be reaching and testing the zone 12539.9 - 12542.5. If it is successful, the upward trend will continue to 12607.2 - 12612.5 points. If the DAX drops below the support levels at 12364.1 - 12358.8, it will try to find next support at 12294.1 - 12291.5. In case of breaking down, the downward trend will continue to 12239.9 - 12234.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 17.74 USD to 17.78 USD. This morning it is trading at 17.76 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.94 - 17.95 USD, the aim will be reaching and testing the zone 18.11 - 18.11 USD. If it is successful, the upward trend will continue to 18.29 - 18.29 USD. If the precious metal drops below the support levels at 17.6 - 17.6 USD, it will try to find next support at 17.42 - 17.42 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 raised its value from 1492.63 USD to 1498.76 USD. This morning it is trading at 1498.04 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1505.83 - 1506.54 USD, the aim will be reaching and testing the zone 1512.9 - 1513.25 USD. If it is successful, the upward trend will continue to 1521.38 - 1522.09 USD. If the precious metal drops below the support levels at 1490.99 - 1490.28 USD, it will try to find next support at 1482.15 - 1481.8 USD. In case of breaking down, the downward trend will continue to 1475.44 - 1474.73 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures raised their value from 58.17 USD to 58.61 USD per barrel. This morning they are trading at 58.61 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 59.34 - 59.38 USD, the aim will be reaching and testing the zone 60.13 - 60.15 USD. If it is successful, the upward trend will continue to 60.8 - 60.84 USD. If the Crude Oil futures drop below the support levels at 57.92 - 57.88 USD, they will try to find next support at 57.23 - 57.21 USD. In case of breaking down, the downward trend will continue to 56.46 - 56.42 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3286 CAD to 1.3262 CAD. This morning the currency pair is trading at 1.3256 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3295 - 1.3299 CAD, the aim will be reaching and testing the zone 1.3333 - 1.3335 CAD. If it is successful, the upward trend will continue to 1.336 - 1.3364 CAD. If USD drops below the support levels at 1.3233 - 1.323 CAD, it will try to find next support at 1.3205 - 1.3203 CAD. In case of breaking down, the downward trend will continue to 1.3168 - 1.3164 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6826 USD to 0.6790 USD. This morning the currency pair is trading at 0.6795 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6816 - 0.6821 USD, the aim will be reaching and testing the zone 0.6849 - 0.6851 USD. If it is successful, the upward trend will continue to 0.6867 - 0.6872 USD. If Australian dollar drops below the support levels at 0.6769 - 0.6764 USD, it will try to find next support at 0.6749 - 0.6746 USD. In case of breaking down, the downward trend will continue to 0.6718 - 0.6713 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.44 JPY to 107.9940 JPY. This morning the currency pair is trading at 108.02 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.34 - 108.38 JPY, the aim will be reaching and testing the zone 108.74 - 108.77 JPY. If it is successful, the upward trend will continue to 109.02 - 109.06 JPY. If USD drops below the support levels at 107.7 - 107.65 JPY, it will try to find next support at 107.4 - 107.38 JPY. In case of breaking down, the downward trend will continue to 107.01 - 106.97 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2471 USD to 1.2520 USD. This morning the currency pair is trading at 1.2523 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2574 - 1.2581 USD, the aim will be reaching and testing the zone 1.2628 - 1.2631 USD. If it is successful, the upward trend will continue to 1.2696 - 1.2703 USD. If GBP drops below the support levels at 1.2458 - 1.2451 USD, it will try to find next support at 1.2387 - 1.2383 USD. In case of breaking down, the downward trend will continue to 1.2336 - 1.2329 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9972 CHF to 0.9926 CHF. This morning the currency pair is trading at 0.9927 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9968 - 0.9973 CHF, the aim will be reaching and testing the zone 1.0017 - 1.0019 CHF. If it is successful, the upward trend will continue to 1.0051 - 1.0056 CHF. If USD drops below the support levels at 0.9889 - 0.9885 CHF, it will try to find next support at 0.9852 - 0.985 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 1.1029 USD to 1.1040 USD. This morning the currency pair is trading at 1.1045 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1065 - 1.1068 USD, the aim will be reaching and testing the zone 1.1095 - 1.1096 USD. If it is successful, the trend will continue to 1.1116 - 1.1119 USD. If euro drops below the support levels at 1.1017 - 1.1015 USD, it will try to find next support at 1.0995 - 1.0993 USD. In case of breaking down, the downward trend will continue to 1.0967 - 1.0964 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.