Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11744.9 to 11612.3 points. This morning the index is traded at 11734.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11692.6 - 11710.6 points, the aim will be reaching and testing the zone 11799.9 - 11808.9. If it is successful, the upward trend will continue to 11853.2 - 11871.2 points. If the DAX drops below the support levels at 11550 - 11532, it will try to find next support at 11487.7 - 11478.7. In case of breaking down, the downward trend will continue to 11389.4 - 11371.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.34 USD to 15.45 USD. This morning it is trading at 15.34 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.57 - 15.59 USD, the aim will be reaching and testing the zone 15.7 - 15.71 USD. If it is successful, the upward trend will continue to 15.86 - 15.88 USD. If the precious metal drops below the support levels at 15.3 - 15.28 USD, it will try to find next support at 15.13 - 15.12 USD. In case of breaking down, the downward trend will continue to 15.02 - 15 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1305.30 USD to 1312.15 USD. This morning it is trading at 1306.04 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1319.84 - 1321.32 USD, the aim will be reaching and testing the zone 1327.52 - 1328.27 USD. If it is successful, the upward trend will continue to 1338.18 - 1339.66 USD. If the precious metal drops below the support levels at 1302.98 - 1301.5 USD, it will try to find next support at 1291.59 - 1290.84 USD. In case of breaking down, the downward trend will continue to 1284.64 - 1283.16 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures raised their value from 59.27 USD to 59.97 USD per barrel. This morning they are trading at 59.19 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.63 - 60.83 USD, the aim will be reaching and testing the zone 61.3 - 61.39 USD. If it is successful, the upward trend will continue to 62.34 - 62.54 USD. If the Crude Oil futures drop below the support levels at 59.12 - 58.92 USD, they will try to find next support at 57.97 - 57.88 USD. In case of breaking down, the downward trend will continue to 57.41 - 57.21 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3323 CAD to 1.3297 CAD. This morning the currency pair is trading at 1.3324 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3341 - 1.3343 CAD, the aim will be reaching and testing the zone 1.3389 - 1.339 CAD. If it is successful, the upward trend will continue to 1.3431 - 1.3433 CAD. If USD drops below the support levels at 1.3253 - 1.3252 CAD, it will try to find next support at 1.321 - 1.3209 CAD. In case of breaking down, the downward trend will continue to 1.3164 - 1.3162 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7086 USD to 0.7126 USD. This morning the currency pair is trading at 0.7085 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7164 - 0.7172 USD, the aim will be reaching and testing the zone 0.7203 - 0.7207 USD. If it is successful, the upward trend will continue to 0.7258 - 0.7265 USD. If Australian dollar drops below the support levels at 0.7079 - 0.7071 USD, it will try to find next support at 0.702 - 0.7016 USD. In case of breaking down, the downward trend will continue to 0.6986 - 0.6978 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.40 JPY to 110.6220 JPY. This morning the currency pair is trading at 111.41 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.2 - 111.36 JPY, the aim will be reaching and testing the zone 112.02 - 112.1 JPY. If it is successful, the upward trend will continue to 112.36 - 112.52 JPY. If USD drops below the support levels at 110.2 - 110.04 JPY, it will try to find next support at 109.78 - 109.7 JPY. In case of breaking down, the downward trend will continue to 109.04 - 108.88 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3263 USD to 1.3192 USD. This morning the currency pair is trading at 1.3267 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3255 - 1.3261 USD, the aim will be reaching and testing the zone 1.3327 - 1.3329 USD. If it is successful, the upward trend will continue to 1.3382 - 1.3387 USD. If GBP drops below the support levels at 1.3135 - 1.3129 USD, it will try to find next support at 1.3077 - 1.3074 USD. In case of breaking down, the downward trend will continue to 1.3008 - 1.3003 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9993 CHF to 0.9910 CHF. This morning the currency pair is trading at 0.9989 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9968 - 0.9982 CHF, the aim will be reaching and testing the zone 1.0046 - 1.0053 CHF. If it is successful, the upward trend will continue to 1.0083 - 1.0097 CHF. If USD drops below the support levels at 0.9866 - 0.9852 CHF, it will try to find next support at 0.9822 - 0.9815 CHF. In case of breaking down, the downward trend will continue to 0.9751 - 0.9737 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1349 USD to 1.1423 USD. This morning the currency pair is trading at 1.1353 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1469 - 1.148 USD, the aim will be reaching and testing the zone 1.1515 - 1.152 USD. If it is successful, the trend will continue to 1.1581 - 1.1592 USD. If euro drops below the support levels at 1.1367 - 1.1356 USD, it will try to find next support at 1.1295 - 1.129 USD. In case of breaking down, the downward trend will continue to 1.1255 - 1.1244 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. 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.
80% 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. 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.
80% 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.