Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12558.1 to 12708.0 points. This morning the index is traded at 12553.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12788.4 - 12815.3 points, the aim will be reaching and testing the zone 12868.7 - 12882.2. If it is successful, the upward trend will continue to 13003.1 - 13029.9 points. If the DAX drops below the support levels at 12600.7 - 12573.8, it will try to find next support at 12453.1 - 12439.5. In case of breaking down, the downward trend will continue to 12386.1 - 12359.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.77 USD to 15.55 USD. This morning it is trading at 15.58 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.71 - 15.76 USD, the aim will be reaching and testing the zone 15.94 - 15.96 USD. If it is successful, the upward trend will continue to 16.03 - 16.08 USD. If the precious metal drops below the support levels at 15.44 - 15.39 USD, it will try to find next support at 15.32 - 15.30 USD. In case of breaking down, the downward trend will continue to 15.12 - 15.07 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1240.27 USD to 1227.47 USD. This morning it is trading at 1227.04 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1236.88 - 1239.52 USD, the aim will be reaching and testing the zone 1250.25 - 1251.57 USD. If it is successful, the upward trend will continue to 1255.69 - 1258.33 USD. If the precious metal drops below the support levels at 1220.71 - 1218.07 USD, it will try to find next support at 1213.95 - 1212.63 USD. In case of breaking down, the downward trend will continue to 1201.91 - 1199.26 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures lowered their value from 67.08 USD to 66.65 USD per barrel. This morning they are trading at 66.90 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 67.26 - 67.37 USD, the aim will be reaching and testing the zone 68.04 - 68.09 USD. If it is successful, the upward trend will continue to 68.50 - 68.61 USD. If the Crude Oil futures drop below the support levels at 66.13 - 66.03 USD, they will try to find next support at 65.62 - 65.57 USD. In case of breaking down, the downward trend will continue to 64.91 - 64.79 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3132 CAD to 1.3188 CAD. This morning the currency pair is trading at 1.3210 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3234 - 1.3242 CAD, the aim will be reaching and testing the zone 1.3281 - 1.3284 CAD. If it is successful, the upward trend will continue to 1.3343 - 1.3351 CAD. If USD drops below the support levels at 1.3134 - 1.3126 CAD, it will try to find next support at 1.3068 - 1.3064 CAD. In case of breaking down, the downward trend will continue to 1.3026 - 1.3018 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7417 USD to 0.7388 USD. This morning the currency pair is trading at 0.7376 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7419 - 0.7425 USD, the aim will be reaching and testing the zone 0.7459 - 0.7463 USD. If it is successful, the upward trend will continue to 0.7481 - 0.7487 USD. If Australian dollar drops below the support levels at 0.7363 - 0.7357 USD, it will try to find next support at 0.7338 - 0.7335 USD. In case of breaking down, the downward trend will continue to 0.7301 - 0.7295 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 112.27 JPY to 112.86 JPY. This morning the currency pair is trading at 112.99 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.12 - 113.22 JPY, the aim will be reaching and testing the zone 113.37 - 113.42 JPY. If it is successful, the upward trend will continue to 113.82 - 113.92 JPY. If USD drops below the support levels at 112.51 - 112.41 JPY, it will try to find next support at 112.01 - 111.96 JPY. In case of breaking down, the downward trend will continue to 111.81 - 111.71 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3232 USD to 1.3113 USD. This morning the currency pair is trading at 1.3104 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3213 - 1.3232 USD, the aim will be reaching and testing the zone 1.3341 - 1.3351 USD. If it is successful, the upward trend will continue to 1.3413 - 1.3431 USD. If GBP drops below the support levels at 1.3032 - 1.3014 USD, it will try to find next support at 1.2950 - 1.2941 USD. In case of breaking down, the downward trend will continue to 1.2832 - 1.2814 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9964 CHF to 1.0000 CHF. This morning the currency pair is trading at 1.0014 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0025 - 1.0037 CHF, the aim will be reaching and testing the zone 1.0051 - 1.0056 CHF. If it is successful, the upward trend will continue to 1.0101 - 1.0112 CHF. If USD drops below the support levels at 0.9963 - 0.9951 CHF, it will try to find next support at 0.9907 - 0.9901 CHF. In case of breaking down, the downward trend will continue to 0.9888 - 0.9876 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1709 USD to 1.1660 USD. This morning the currency pair is trading at 1.1643 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1707 - 1.1720 USD, the aim will be reaching and testing the zone 1.1773 - 1.1779 USD. If it is successful, the trend will continue to 1.1802 - 1.1815 USD. If euro drops below the support levels at 1.1625 - 1.1612 USD, it will try to find next support at 1.1589 - 1.1583 USD. In case of breaking down, the downward trend will continue to 1.1531 - 1.1517 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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Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.
Risk warning
Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.