Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13372.8 to 13267.0 points. This morning the index is traded at 13297.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13344.5 - 13356.2 points, the aim will be reaching and testing the zone 13439.5 - 13445.3. If it is successful, the upward trend will continue to 13499.5 - 13511.2 points. If the DAX drops below the support levels at 13201.2 - 13189.5, it will try to find next support at 13135.3 - 13129.5. In case of breaking down, the downward trend will continue to 13046.2 - 13034.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.95 USD to 16.95 USD. This morning it is trading at 17.00 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.10 - 17.12 USD, the aim will be reaching and testing the zone 17.28 - 17.29 USD. If it is successful, the upward trend will continue to 17.38 - 17.41 USD. If the precious metal drops below the support levels at 16.84 - 16.81 USD, it will try to find next support at 16.73 - 16.71 USD. In case of breaking down, the downward trend will continue to 16.56 - 16.53 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1312.22 USD to 1316.53 USD. This morning it is trading at 1318.14 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1326.30 - 1326.75 USD, the aim will be reaching and testing the zone 1336.74 - 1336.96 USD. If it is successful, the upward trend will continue to 1345.83 - 1346.28 USD. If the precious metal drops below the support levels at 1307.22 - 1306.77 USD, it will try to find next support at 1297.91 - 1297.68 USD. In case of breaking down, the downward trend will continue to 1287.69 - 1287.24 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 63.42 USD to 63.47 USD per barrel. This morning they are trading at 63.49 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 63.73 - 63.77 USD, the aim will be reaching and testing the zone 64.01 - 64.03 USD. If it is successful, the upward trend will continue to 64.34 - 64.38 USD. If the Crude Oil futures drop below the support levels at 63.17 - 63.13 USD, they will try to find next support at 62.81 - 62.78 USD. In case of breaking down, the downward trend will continue to 62.56 - 62.52 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2462 CAD to 1.2545 CAD. This morning the currency pair is trading at 1.2547 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2609 - 1.2623 CAD, the aim will be reaching and testing the zone 1.2674 - 1.2681 CAD. If it is successful, the upward trend will continue to 1.2765 - 1.2779 CAD. If USD drops below the support levels at 1.2467 - 1.2453 CAD, it will try to find next support at 1.2369 - 1.2362 CAD. In case of breaking down, the downward trend will continue to 1.2311 - 1.2298 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7823 USD to 0.7841 USD. This morning the currency pair is trading at 0.7872 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7869 - 0.7871 USD, the aim will be reaching and testing the zone 0.7898 - 0.7898 USD. If it is successful, the upward trend will continue to 0.7928 - 0.7931 USD. If Australian dollar drops below the support levels at 0.7811 - 0.7810 USD, it will try to find next support at 0.7781 - 0.7779 USD. In case of breaking down, the downward trend will continue to 0.7752 - 0.7751 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.63 JPY to 111.41 JPY. This morning the currency pair is trading at 111.81 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.18 - 112.38 JPY, the aim will be reaching and testing the zone 113.24 - 113.34 JPY. If it is successful, the upward trend will continue to 113.71 - 113.90 JPY. If USD drops below the support levels at 110.86 - 110.66 JPY, it will try to find next support at 110.29 - 110.19 JPY. In case of breaking down, the downward trend will continue to 109.33 - 109.13 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3537 USD to 1.3504 USD. This morning the currency pair is trading at 1.3491 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3544 - 1.3551 USD, the aim will be reaching and testing the zone 1.3593 - 1.3596 USD. If it is successful, the upward trend will continue to 1.3624 - 1.3630 USD. If GBP drops below the support levels at 1.3471 - 1.3464 USD, it will try to find next support at 1.3436 - 1.3433 USD. In case of breaking down, the downward trend will continue to 1.3390 - 1.3384 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9824 CHF to 0.9778 CHF. This morning the currency pair is trading at 0.9845 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9824 - 0.9831 CHF, the aim will be reaching and testing the zone 0.9880 - 0.9883 CHF. If it is successful, the upward trend will continue to 0.9915 - 0.9922 CHF. If USD drops below the support levels at 0.9741 - 0.9733 CHF, it will try to find next support at 0.9701 - 0.9697 CHF. In case of breaking down, the downward trend will continue to 0.9648 - 0.9641 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1935 USD to 1.1947 USD. This morning the currency pair is trading at 1.1946 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1994 - 1.2002 USD, the aim will be reaching and testing the zone 1.2053 - 1.2057 USD. If it is successful, the trend will continue to 1.2089 - 1.2097 USD. If euro drops below the support levels at 1.1907 - 1.1899 USD, it will try to find next support at 1.1867 - 1.1864 USD. In case of breaking down, the downward trend will continue to 1.1812 - 1.1804 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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