Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12104.4 to 12050.3 points. This morning the index is traded at 12043.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12093.7 - 12104.6 points, the aim will be reaching and testing the zone 12153.4 - 12158.8. If it is successful, the upward trend will continue to 12180.5 - 12191.4 points. If the DAX drops below the support levels at 12017.8 - 12006.9, it will try to find next support at 11985.2 - 11979.8. In case of breaking down, the downward trend will continue to 11931 - 11920.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.04 USD to 14.14 USD. This morning it is trading at 14.12 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.24 - 14.24 USD, the aim will be reaching and testing the zone 14.33 - 14.33 USD. If it is successful, the upward trend will continue to 14.44 - 14.45 USD. If the precious metal drops below the support levels at 14.04 - 14.03 USD, it will try to find next support at 13.92 - 13.91 USD. In case of breaking down, the downward trend will continue to 13.83 - 13.82 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1194.15 USD to 1200.95 USD. This morning it is trading at 1198.24 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1206.21 - 1206.96 USD, the aim will be reaching and testing the zone 1211.48 - 1211.85 USD. If it is successful, the upward trend will continue to 1218.22 - 1218.97 USD. If the precious metal drops below the support levels at 1194.95 - 1194.2 USD, it will try to find next support at 1187.83 - 1187.46 USD. In case of breaking down, the downward trend will continue to 1182.94 - 1182.19 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures lowered their value from 68.77 USD to 68.50 USD per barrel. This morning they are trading at 68.33 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 69.09 - 69.21 USD, the aim will be reaching and testing the zone 69.87 - 69.93 USD. If it is successful, the upward trend will continue to 70.27 - 70.39 USD. If the Crude Oil futures drop below the support levels at 68.03 - 67.91 USD, they will try to find next support at 67.57 - 67.51 USD. In case of breaking down, the downward trend will continue to 66.85 - 66.73 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3032 CAD to 1.3041 CAD. This morning the currency pair is trading at 1.3043 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3058 - 1.3063 CAD, the aim will be reaching and testing the zone 1.3075 - 1.3078 CAD. If it is successful, the upward trend will continue to 1.3103 - 1.3109 CAD. If USD drops below the support levels at 1.3018 - 1.3013 CAD, it will try to find next support at 1.2988 - 1.2985 CAD. In case of breaking down, the downward trend will continue to 1.2973 - 1.2968 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7154 USD to 0.7180 USD. This morning the currency pair is trading at 0.7196 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7203 - 0.7207 USD, the aim will be reaching and testing the zone 0.7227 - 0.7229 USD. If it is successful, the upward trend will continue to 0.7258 - 0.7262 USD. If Australian dollar drops below the support levels at 0.7152 - 0.7148 USD, it will try to find next support at 0.7119 - 0.7117 USD. In case of breaking down, the downward trend will continue to 0.7097 - 0.7094 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.01 JPY to 111.8290 JPY. This morning the currency pair is trading at 111.99 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.01 - 112.04 JPY, the aim will be reaching and testing the zone 112.24 - 112.26 JPY. If it is successful, the upward trend will continue to 112.37 - 112.41 JPY. If USD drops below the support levels at 111.68 - 111.65 JPY, it will try to find next support at 111.54 - 111.52 JPY. In case of breaking down, the downward trend will continue to 111.32 - 111.29 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3067 USD to 1.3155 USD. This morning the currency pair is trading at 1.3153 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.319 - 1.3203 USD, the aim will be reaching and testing the zone 1.3226 - 1.3233 USD. If it is successful, the upward trend will continue to 1.3288 - 1.3301 USD. If GBP drops below the support levels at 1.3106 - 1.3093 USD, it will try to find next support at 1.3038 - 1.3031 USD. In case of breaking down, the downward trend will continue to 1.3008 - 1.2995 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9673 CHF to 0.9624 CHF. This morning the currency pair is trading at 0.9620 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9658 - 0.9665 CHF, the aim will be reaching and testing the zone 0.9702 - 0.9706 CHF. If it is successful, the upward trend will continue to 0.9726 - 0.9733 CHF. If USD drops below the support levels at 0.9597 - 0.959 CHF, it will try to find next support at 0.957 - 0.9567 CHF. In case of breaking down, the downward trend will continue to 0.9529 - 0.9522 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1623 USD to 1.1682 USD. This morning the currency pair is trading at 1.1689 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1714 - 1.1722 USD, the aim will be reaching and testing the zone 1.1746 - 1.175 USD. If it is successful, the trend will continue to 1.1794 - 1.1802 USD. If euro drops below the support levels at 1.1642 - 1.1634 USD, it will try to find next support at 1.159 - 1.1586 USD. In case of breaking down, the downward trend will continue to 1.1562 - 1.1554 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 accepts no responsibility 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 his or her own risk. Please be advised that trading CFDs involves a significant risk of loss.

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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.