Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12637.4 to 12548.5 points. This morning the index is traded at 12548.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12720.6 - 12735.4 points, the aim will be reaching and testing the zone 12892.7 - 12900.1. If it is successful, the upward trend will continue to 13094.3 - 13109.1 points. If the DAX drops below the support levels at 12361.7 - 12346.9, it will try to find next support at 12152.7 - 12145.3. In case of breaking down, the downward trend will continue to 11988 - 11973.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 23.14 USD to 22.85 USD. This morning it is trading at 23.04 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 23.28 - 23.28 USD, the aim will be reaching and testing the zone 23.71 - 23.71 USD. If it is successful, the upward trend will continue to 24.15 - 24.15 USD. If the precious metal drops below the support levels at 22.42 - 22.42 USD, it will try to find next support at 21.99 - 21.98 USD. In case of breaking down, the downward trend will continue to 21.56 - 21.55 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1868.23 USD to 1860.97 USD. This morning it is trading at 1864.76 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1872.35 - 1873.19 USD, the aim will be reaching and testing the zone 1884.99 - 1885.41 USD. If it is successful, the upward trend will continue to 1895.1 - 1895.94 USD. If the precious metal drops below the support levels at 1850.44 - 1849.6 USD, it will try to find next support at 1839.91 - 1839.49 USD. In case of breaking down, the downward trend will continue to 1827.69 - 1826.85 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the October Crude Oil futures lowered their value from 40.15 USD to 40.02 USD per barrel. This morning they are trading at 40.20 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.49 - 40.53 USD, the aim will be reaching and testing the zone 41.01 - 41.03 USD. If it is successful, the upward trend will continue to 41.42 - 41.46 USD. If the Crude Oil futures drop below the support levels at 39.6 - 39.56 USD, they will try to find next support at 39.17 - 39.15 USD. In case of breaking down, the downward trend will continue to 38.67 - 38.63 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3361 CAD to 1.3382 CAD. This morning the currency pair is trading at 1.3381 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3424 - 1.3428 CAD, the aim will be reaching and testing the zone 1.3466 - 1.3468 CAD. If it is successful, the upward trend will continue to 1.3515 - 1.3518 CAD. If USD drops below the support levels at 1.3337 - 1.3334 CAD, it will try to find next support at 1.3287 - 1.3285 CAD. In case of breaking down, the downward trend will continue to 1.3247 - 1.3243 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7044 USD to 0.7025 USD. This morning the currency pair is trading at 0.7040 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7066 - 0.7073 USD, the aim will be reaching and testing the zone 0.7117 - 0.712 USD. If it is successful, the upward trend will continue to 0.7147 - 0.7154 USD. If Australian dollar drops below the support levels at 0.6991 - 0.6984 USD, it will try to find next support at 0.6958 - 0.6954 USD. In case of breaking down, the downward trend will continue to 0.691 - 0.6903 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.40 JPY to 105.5600 JPY. This morning the currency pair is trading at 105.56 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.76 - 105.79 JPY, the aim will be reaching and testing the zone 105.96 - 105.98 JPY. If it is successful, the upward trend will continue to 106.22 - 106.26 JPY. If USD drops below the support levels at 105.33 - 105.3 JPY, it will try to find next support at 105.05 - 105.03 JPY. In case of breaking down, the downward trend will continue to 104.86 - 104.83 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2736 USD to 1.2740 USD. This morning the currency pair is trading at 1.2758 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2799 - 1.2801 USD, the aim will be reaching and testing the zone 1.2861 - 1.2862 USD. If it is successful, the upward trend will continue to 1.2917 - 1.2919 USD. If GBP drops below the support levels at 1.2683 - 1.2681 USD, it will try to find next support at 1.2626 - 1.2625 USD. In case of breaking down, the downward trend will continue to 1.2565 - 1.2563 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9266 CHF to 0.9288 CHF. This morning the currency pair is trading at 0.9283 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9306 - 0.9311 CHF, the aim will be reaching and testing the zone 0.9324 - 0.9326 CHF. If it is successful, the upward trend will continue to 0.9352 - 0.9356 CHF. If USD drops below the support levels at 0.9265 - 0.926 CHF, it will try to find next support at 0.9234 - 0.9232 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 1.1671 USD to 1.1629 USD. This morning the currency pair is trading at 1.1632 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1666 - 1.1672 USD, the aim will be reaching and testing the zone 1.1712 - 1.1715 USD. If it is successful, the trend will continue to 1.1739 - 1.1745 USD. If euro drops below the support levels at 1.1599 - 1.1593 USD, it will try to find next support at 1.1569 - 1.1566 USD. In case of breaking down, the downward trend will continue to 1.1526 - 1.152 USD.

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