Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11926.5 to 11512.0 points. This morning the index is traded at 11511.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11765.8 - 11827 points, the aim will be reaching and testing the zone 12111.4 - 12142.1. If it is successful, the upward trend will continue to 12273.3 - 12334.5 points. If the DAX drops below the support levels at 11319.5 - 11258.3, it will try to find next support at 11127.1 - 11096.4. In case of breaking down, the downward trend will continue to 10812 - 10750.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.36 USD to 23.37 USD. This morning it is trading at 23.43 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.15 - 24.29 USD, the aim will be reaching and testing the zone 25.13 - 25.2 USD. If it is successful, the upward trend will continue to 25.7 - 25.84 USD. If the precious metal drops below the support levels at 22.74 - 22.6 USD, it will try to find next support at 22.1 - 22.03 USD. In case of breaking down, the downward trend will continue to 21.18 - 21.04 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1906.66 USD to 1876.66 USD. This morning it is trading at 1879.47 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1897.32 - 1901.7 USD, the aim will be reaching and testing the zone 1924.55 - 1926.75 USD. If it is successful, the upward trend will continue to 1938.63 - 1943.01 USD. If the precious metal drops below the support levels at 1860.39 - 1856.01 USD, it will try to find next support at 1844.13 - 1841.93 USD. In case of breaking down, the downward trend will continue to 1819.08 - 1814.7 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 38.89 USD to 37.35 USD per barrel. This morning they are trading at 37.61 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 38.38 - 38.58 USD, the aim will be reaching and testing the zone 39.71 - 39.81 USD. If it is successful, the upward trend will continue to 40.42 - 40.63 USD. If the Crude Oil futures drop below the support levels at 36.53 - 36.33 USD, they will try to find next support at 35.71 - 35.61 USD. In case of breaking down, the downward trend will continue to 34.48 - 34.28 USD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7123 USD to 0.7046 USD. This morning the currency pair is trading at 0.7054 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7105 - 0.7123 USD, the aim will be reaching and testing the zone 0.7191 - 0.7199 USD. If it is successful, the upward trend will continue to 0.7225 - 0.7242 USD. If Australian dollar drops below the support levels at 0.7003 - 0.6986 USD, it will try to find next support at 0.6961 - 0.6952 USD. In case of breaking down, the downward trend will continue to 0.6884 - 0.6867 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 104.46 JPY to 104.3070 JPY. This morning the currency pair is trading at 104.31 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 104.53 - 104.54 JPY, the aim will be reaching and testing the zone 104.76 - 104.77 JPY. If it is successful, the upward trend will continue to 104.97 - 104.98 JPY. If USD drops below the support levels at 104.09 - 104.08 JPY, it will try to find next support at 103.88 - 103.87 JPY. In case of breaking down, the downward trend will continue to 103.65 - 103.64 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3040 USD to 1.2983 USD. This morning the currency pair is trading at 1.2988 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3057 - 1.3059 USD, the aim will be reaching and testing the zone 1.3133 - 1.3134 USD. If it is successful, the upward trend will continue to 1.3203 - 1.3205 USD. If GBP drops below the support levels at 1.2912 - 1.291 USD, it will try to find next support at 1.2841 - 1.284 USD. In case of breaking down, the downward trend will continue to 1.2765 - 1.2763 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9088 CHF to 0.9104 CHF. This morning the currency pair is trading at 0.9107 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9126 - 0.9126 CHF, the aim will be reaching and testing the zone 0.9148 - 0.9148 CHF. If it is successful, the upward trend will continue to 0.9169 - 0.9169 CHF. If USD drops below the support levels at 0.9083 - 0.9083 CHF, it will try to find next support at 0.9062 - 0.9062 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 1.1787 USD to 1.1745 USD. This morning the currency pair is trading at 1.1747 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.178 - 1.1783 USD, the aim will be reaching and testing the zone 1.1819 - 1.182 USD. If it is successful, the trend will continue to 1.1851 - 1.1853 USD. If euro drops below the support levels at 1.1712 - 1.171 USD, it will try to find next support at 1.168 - 1.1678 USD. In case of breaking down, the downward trend will continue to 1.1642 - 1.164 USD.

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