Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11506.0 to 11529.5 points. This morning the index is traded at 11365.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11635.9 - 11649.8 points, the aim will be reaching and testing the zone 11763.2 - 11770.2. If it is successful, the upward trend will continue to 11848.6 - 11862.5 points. If the DAX drops below the support levels at 11437.1 - 11423.2, it will try to find next support at 11344.8 - 11337.8. In case of breaking down, the downward trend will continue to 11224.4 - 11210.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.60 USD to 14.54 USD. This morning it is trading at 14.50 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.62 - 14.64 USD, the aim will be reaching and testing the zone 14.73 - 14.74 USD. If it is successful, the upward trend will continue to 14.8 - 14.82 USD. If the precious metal drops below the support levels at 14.46 - 14.45 USD, it will try to find next support at 14.39 - 14.38 USD. In case of breaking down, the downward trend will continue to 14.28 - 14.27 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1227.21 USD to 1221.82 USD. This morning it is trading at 1223.95 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1226.57 - 1227.52 USD, the aim will be reaching and testing the zone 1232.74 - 1233.21 USD. If it is successful, the upward trend will continue to 1236.06 - 1237.01 USD. If the precious metal drops below the support levels at 1218.03 - 1217.08 USD, it will try to find next support at 1214.23 - 1213.76 USD. In case of breaking down, the downward trend will continue to 1208.54 - 1207.59 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures were in a range 68.44 - 69.81 USD per barrel. This morning they are trading at 69.05 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 70.06 - 70.19 USD, the aim will be reaching and testing the zone 70.62 - 70.68 USD. If it is successful, the upward trend will continue to 71.43 - 71.56 USD. If the Crude Oil futures drop below the support levels at 68.82 - 68.69 USD, they will try to find next support at 67.94 - 67.88 USD. In case of breaking down, the downward trend will continue to 67.45 - 67.32 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3090 CAD to 1.3099 CAD. This morning the currency pair is trading at 1.3111 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3123 - 1.3124 CAD, the aim will be reaching and testing the zone 1.3147 - 1.3148 CAD. If it is successful, the upward trend will continue to 1.3169 - 1.317 CAD. If USD drops below the support levels at 1.3077 - 1.3076 CAD, it will try to find next support at 1.3054 - 1.3054 CAD. In case of breaking down, the downward trend will continue to 1.303 - 1.3029 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7115 USD to 0.7080 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 0.7104 - 0.7111 USD, the aim will be reaching and testing the zone 0.7139 - 0.7142 USD. If it is successful, the upward trend will continue to 0.7154 - 0.7161 USD. If Australian dollar drops below the support levels at 0.7061 - 0.7055 USD, it will try to find next support at 0.7043 - 0.704 USD. In case of breaking down, the downward trend will continue to 0.7011 - 0.7005 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 112.58 JPY to 112.8070 JPY. This morning the currency pair is trading at 112.46 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.01 - 113.08 JPY, the aim will be reaching and testing the zone 113.21 - 113.25 JPY. If it is successful, the upward trend will continue to 113.55 - 113.61 JPY. If USD drops below the support levels at 112.54 - 112.47 JPY, it will try to find next support at 112.17 - 112.14 JPY. In case of breaking down, the downward trend will continue to 112 - 111.94 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3071 USD to 1.2964 USD. This morning the currency pair is trading at 1.2941 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3031 - 1.305 USD, the aim will be reaching and testing the zone 1.3127 - 1.3136 USD. If it is successful, the upward trend will continue to 1.3164 - 1.3184 USD. If GBP drops below the support levels at 1.2917 - 1.2897 USD, it will try to find next support at 1.2869 - 1.286 USD. In case of breaking down, the downward trend will continue to 1.2783 - 1.2763 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99391 - 0.99794 CHF. This morning the currency pair is trading at 0.9965 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9979 - 0.9979 CHF, the aim will be reaching and testing the zone 0.9999 - 0.9999 CHF. If it is successful, the upward trend will continue to 1.0019 - 1.0019 CHF. If USD drops below the support levels at 0.9939 - 0.9938 CHF, it will try to find next support at 0.9919 - 0.9919 CHF. In case of breaking down, the downward trend will continue to 0.9898 - 0.9898 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1515 USD to 1.1463 USD. This morning the currency pair is trading at 1.1441 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.151 - 1.1523 USD, the aim will be reaching and testing the zone 1.1577 - 1.1584 USD. If it is successful, the trend will continue to 1.1605 - 1.1618 USD. If euro drops below the support levels at 1.1429 - 1.1416 USD, it will try to find next support at 1.1395 - 1.1388 USD. In case of breaking down, the downward trend will continue to 1.1335 - 1.1322 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.

Don't have an account yet?

Trading may not be suitable for everyone and can result in the loss of all your invested capital.

Icons/ic_chatCreated with Sketch.
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.
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.