Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 10724.8 to 10807.0 points. This morning the index is traded at 10882.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 10901.7 - 10909.7 points, the aim will be reaching and testing the zone 10996.4 - 11000.4. If it is successful, the upward trend will continue to 11107.1 - 11115.3 points. If the DAX drops below the support levels at 10704.4 - 10696.4, it will try to find next support at 10589.8 - 10585.8. In case of breaking down, the downward trend will continue to 10499.1 - 10491.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.51 USD to 14.54 USD. This morning it is trading at 14.58 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.64 - 14.66 USD, the aim will be reaching and testing the zone 14.77 - 14.78 USD. If it is successful, the upward trend will continue to 14.85 - 14.87 USD. If the precious metal drops below the support levels at 14.45 - 14.43 USD, it will try to find next support at 14.37 - 14.36 USD. In case of breaking down, the downward trend will continue to 14.24 - 14.23 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1244.23 USD to 1242.80 USD. This morning it is trading at 1244.93 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1247.03 - 1247.81 USD, the aim will be reaching and testing the zone 1252.42 - 1252.81 USD. If it is successful, the upward trend will continue to 1255.49 - 1256.26 USD. If the precious metal drops below the support levels at 1239.34 - 1238.57 USD, it will try to find next support at 1235.89 - 1235.51 USD. In case of breaking down, the downward trend will continue to 1230.88 - 1230.11 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the January Crude Oil futures raised their value from 51.11 USD to 52.12 USD per barrel. This morning they are trading at 52.32 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.84 - 52.97 USD, the aim will be reaching and testing the zone 53.57 - 53.63 USD. If it is successful, the upward trend will continue to 54.55 - 54.68 USD. If the Crude Oil futures drop below the support levels at 51.26 - 51.13 USD, they will try to find next support at 50.21 - 50.15 USD. In case of breaking down, the downward trend will continue to 49.55 - 49.42 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3396 CAD to 1.3389 CAD. This morning the currency pair is trading at 1.3374 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3412 - 1.3416 CAD, the aim will be reaching and testing the zone 1.3440 - 1.3442 CAD. If it is successful, the upward trend will continue to 1.3458 - 1.3461 CAD. If USD drops below the support levels at 1.3371 - 1.3366 CAD, it will try to find next support at 1.3352 - 1.3349 CAD. In case of breaking down, the downward trend will continue to 1.3324 - 1.3320 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7187 USD to 0.7201 USD. This morning the currency pair is trading at 0.7215 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7223 - 0.7223 USD, the aim will be reaching and testing the zone 0.7245 - 0.7245 USD. If it is successful, the upward trend will continue to 0.7267 - 0.7267 USD. If Australian dollar drops below the support levels at 0.7179 - 0.7179 USD, it will try to find next support at 0.7158 - 0.7157 USD. In case of breaking down, the downward trend will continue to 0.7135 - 0.7135 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 113.32 JPY to 113.35 JPY. This morning the currency pair is trading at 113.42 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.54 - 113.59 JPY, the aim will be reaching and testing the zone 113.73 - 113.75 JPY. If it is successful, the upward trend will continue to 114.01 - 114.05 JPY. If USD drops below the support levels at 113.12 - 113.08 JPY, it will try to find next support at 112.83 - 112.81 JPY. In case of breaking down, the downward trend will continue to 112.66 - 112.62 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2557 USD to 1.2484 USD. This morning the currency pair is trading at 1.2506 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2563 - 1.2588 USD, the aim will be reaching and testing the zone 1.2679 - 1.2692 USD. If it is successful, the upward trend will continue to 1.2721 - 1.2746 USD. If GBP drops below the support levels at 1.2431 - 1.2405 USD, it will try to find next support at 1.2375 - 1.2363 USD. In case of breaking down, the downward trend will continue to 1.2271 - 1.2247 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9902 CHF to 0.9931 CHF. This morning the currency pair is trading at 0.9925 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9959 - 0.9969 CHF, the aim will be reaching and testing the zone 0.9986 - 0.9991 CHF. If it is successful, the upward trend will continue to 1.0034 - 1.0044 CHF. If USD drops below the support levels at 0.9894 - 0.9883 CHF, it will try to find next support at 0.9841 - 0.9835 CHF. In case of breaking down, the downward trend will continue to 0.9818 - 0.9808 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1354 USD to 1.1315 USD. This morning the currency pair is trading at 1.1329 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1362 - 1.1375 USD, the aim will be reaching and testing the zone 1.1428 - 1.1434 USD. If it is successful, the trend will continue to 1.1456 - 1.1468 USD. If euro drops below the support levels at 1.1281 - 1.1268 USD, it will try to find next support at 1.1246 - 1.1241 USD. In case of breaking down, the downward trend will continue to 1.1187 - 1.1174 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.