Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12092.6 to 12270.9 points. This morning the index is traded at 12277.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12396.1 - 12435.2 points, the aim will be reaching and testing the zone 12521.2 - 12540.8. If it is successful, the upward trend will continue to 12724.7 - 12763.8 points. If the DAX drops below the support levels at 12106.6 - 12067.5, it will try to find next support at 11883.6 - 11864. In case of breaking down, the downward trend will continue to 11778 - 11738.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.76 USD to 14.53 USD. This morning it is trading at 14.52 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.68 - 14.72 USD, the aim will be reaching and testing the zone 14.89 - 14.91 USD. If it is successful, the upward trend will continue to 14.97 - 15.01 USD. If the precious metal drops below the support levels at 14.42 - 14.38 USD, it will try to find next support at 14.31 - 14.29 USD. In case of breaking down, the downward trend will continue to 14.13 - 14.09 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1296.44 USD to 1286.44 USD. This morning it is trading at 1286.21 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1293.77 - 1295.38 USD, the aim will be reaching and testing the zone 1303.52 - 1304.33 USD. If it is successful, the upward trend will continue to 1308.42 - 1310.03 USD. If the precious metal drops below the support levels at 1280.73 - 1279.12 USD, it will try to find next support at 1275.03 - 1274.22 USD. In case of breaking down, the downward trend will continue to 1266.08 - 1264.47 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the May Crude Oil futures raised their value from 62.09 USD to 63.12 USD per barrel. This morning they are trading at 63.14 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 63.69 - 63.82 USD, the aim will be reaching and testing the zone 64.27 - 64.33 USD. If it is successful, the upward trend will continue to 65.08 - 65.21 USD. If the Crude Oil futures drop below the support levels at 62.43 - 62.3 USD, they will try to find next support at 61.55 - 61.49 USD. In case of breaking down, the downward trend will continue to 61.04 - 60.91 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3435 CAD to 1.3459 CAD. This morning the currency pair is trading at 1.3459 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3485 - 1.3494 CAD, the aim will be reaching and testing the zone 1.3512 - 1.3516 CAD. If it is successful, the upward trend will continue to 1.3554 - 1.3563 CAD. If USD drops below the support levels at 1.3425 - 1.3416 CAD, it will try to find next support at 1.3378 - 1.3374 CAD. In case of breaking down, the downward trend will continue to 1.3356 - 1.3347 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6926 USD to 0.6890 USD. This morning the currency pair is trading at 0.6891 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6913 - 0.692 USD, the aim will be reaching and testing the zone 0.6946 - 0.6949 USD. If it is successful, the upward trend will continue to 0.696 - 0.6966 USD. If Australian dollar drops below the support levels at 0.6873 - 0.6867 USD, it will try to find next support at 0.6856 - 0.6853 USD. In case of breaking down, the downward trend will continue to 0.6827 - 0.682 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.58 JPY to 109.8360 JPY. This morning the currency pair is trading at 109.85 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.09 - 110.15 JPY, the aim will be reaching and testing the zone 110.34 - 110.38 JPY. If it is successful, the upward trend will continue to 110.72 - 110.79 JPY. If USD drops below the support levels at 109.52 - 109.45 JPY, it will try to find next support at 109.11 - 109.07 JPY. In case of breaking down, the downward trend will continue to 108.88 - 108.82 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2841 USD to 1.2794 USD. This morning the currency pair is trading at 1.2794 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2826 - 1.2834 USD, the aim will be reaching and testing the zone 1.2871 - 1.2875 USD. If it is successful, the upward trend will continue to 1.289 - 1.2898 USD. If GBP drops below the support levels at 1.277 - 1.2762 USD, it will try to find next support at 1.2747 - 1.2743 USD. In case of breaking down, the downward trend will continue to 1.2706 - 1.2698 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0085 CHF to 1.0097 CHF. This morning the currency pair is trading at 1.0099 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0111 - 1.0114 CHF, the aim will be reaching and testing the zone 1.0126 - 1.0127 CHF. If it is successful, the upward trend will continue to 1.0145 - 1.0147 CHF. If USD drops below the support levels at 1.008 - 1.0078 CHF, it will try to find next support at 1.006 - 1.0059 CHF. In case of breaking down, the downward trend will continue to 1.0047 - 1.0044 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1201 USD to 1.1174 USD. This morning the currency pair is trading at 1.1172 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1202 - 1.1209 USD, the aim will be reaching and testing the zone 1.1242 - 1.1245 USD. If it is successful, the trend will continue to 1.126 - 1.1267 USD. If euro drops below the support levels at 1.1152 - 1.1145 USD, it will try to find next support at 1.113 - 1.1126 USD. In case of breaking down, the downward trend will continue to 1.1094 - 1.1087 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. 76% 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.
76% 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. 76% 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.
76% 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.