Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 10809.7 to 10716.4 points. This morning the index is traded at 10705.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 10839.8 - 10865.5 points, the aim will be reaching and testing the zone 11001.8 - 11014.7. If it is successful, the upward trend will continue to 11086.5 - 11112.2 points. If the DAX drops below the support levels at 10618.8 - 10593.1, it will try to find next support at 10521.3 - 10508.4. In case of breaking down, the downward trend will continue to 10372.1 - 10346.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.55 USD to 14.64 USD. This morning it is trading at 14.65 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.71 - 14.72 USD, the aim will be reaching and testing the zone 14.78 - 14.79 USD. If it is successful, the upward trend will continue to 14.88 - 14.89 USD. If the precious metal drops below the support levels at 14.55 - 14.54 USD, it will try to find next support at 14.45 - 14.44 USD. In case of breaking down, the downward trend will continue to 14.38 - 14.37 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1236.21 USD to 1245.36 USD. This morning it is trading at 1246.66 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1250.41 - 1251.62 USD, the aim will be reaching and testing the zone 1255.45 - 1256.06 USD. If it is successful, the upward trend will continue to 1262.93 - 1264.14 USD. If the precious metal drops below the support levels at 1239.10 - 1237.89 USD, it will try to find next support at 1231.02 - 1230.41 USD. In case of breaking down, the downward trend will continue to 1226.58 - 1225.37 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 51.54 USD to 49.44 USD per barrel. This morning they are trading at 49.27 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 50.84 - 51.27 USD, the aim will be reaching and testing the zone 52.89 - 53.11 USD. If it is successful, the upward trend will continue to 53.65 - 54.08 USD. If the Crude Oil futures drop below the support levels at 48.47 - 48.04 USD, they will try to find next support at 47.49 - 47.28 USD. In case of breaking down, the downward trend will continue to 45.66 - 45.23 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3381 CAD to 1.3405 CAD. This morning the currency pair is trading at 1.3394 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3426 - 1.3429 CAD, the aim will be reaching and testing the zone 1.3447 - 1.3448 CAD. If it is successful, the upward trend will continue to 1.3474 - 1.3477 CAD. If USD drops below the support levels at 1.3381 - 1.3378 CAD, it will try to find next support at 1.3352 - 1.3351 CAD. In case of breaking down, the downward trend will continue to 1.3333 - 1.3330 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7170 USD to 0.7175 USD. This morning the currency pair is trading at 0.7189 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7184 - 0.7185 USD, the aim will be reaching and testing the zone 0.7195 - 0.7195 USD. If it is successful, the upward trend will continue to 0.7203 - 0.7204 USD. If Australian dollar drops below the support levels at 0.7166 - 0.7165 USD, it will try to find next support at 0.7157 - 0.7155 USD. In case of breaking down, the downward trend will continue to 0.7147 - 0.7145 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 113.35 JPY to 112.81 JPY. This morning the currency pair is trading at 112.59 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.24 - 113.33 JPY, the aim will be reaching and testing the zone 113.79 - 113.84 JPY. If it is successful, the upward trend will continue to 114.08 - 114.17 JPY. If USD drops below the support levels at 112.49 - 112.39 JPY, it will try to find next support at 112.16 - 112.11 JPY. In case of breaking down, the downward trend will continue to 111.65 - 111.55 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2598 USD to 1.2615 USD. This morning the currency pair is trading at 1.2627 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2653 - 1.2656 USD, the aim will be reaching and testing the zone 1.2690 - 1.2692 USD. If it is successful, the upward trend will continue to 1.2734 - 1.2738 USD. If GBP drops below the support levels at 1.2574 - 1.2571 USD, it will try to find next support at 1.2528 - 1.2527 USD. In case of breaking down, the downward trend will continue to 1.2492 - 1.2489 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9959 CHF to 0.9929 CHF. This morning the currency pair is trading at 0.9930 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9962 - 0.9970 CHF, the aim will be reaching and testing the zone 1.0007 - 1.0011 CHF. If it is successful, the upward trend will continue to 1.0030 - 1.0038 CHF. If USD drops below the support levels at 0.9902 - 0.9895 CHF, it will try to find next support at 0.9875 - 0.9872 CHF. In case of breaking down, the downward trend will continue to 0.9834 - 0.9827 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1302 USD to 1.1347 USD. This morning the currency pair is trading at 1.1342 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1371 - 1.1377 USD, the aim will be reaching and testing the zone 1.1394 - 1.1398 USD. If it is successful, the trend will continue to 1.1431 - 1.1438 USD. If euro drops below the support levels at 1.1316 - 1.1310 USD, it will try to find next support at 1.1276 - 1.1273 USD. In case of breaking down, the downward trend will continue to 1.1255 - 1.1249 USD.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1302 USD to 1.1347 USD. This morning the currency pair is trading at 1.1342 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1371 - 1.1377 USD, the aim will be reaching and testing the zone 1.1394 - 1.1398 USD. If it is successful, the trend will continue to 1.1431 - 1.1438 USD. If euro drops below the support levels at 1.1316 - 1.1310 USD, it will try to find next support at 1.1276 - 1.1273 USD. In case of breaking down, the downward trend will continue to 1.1255 - 1.1249 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. 80% 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.
80% 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. 80% 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.
80% 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.