Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12248.1 to 12264.7 points. This morning the index is traded at 12269.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12288.4 - 12295.4 points, the aim will be reaching and testing the zone 12312.2 - 12315.6. If it is successful, the upward trend will continue to 12349.7 - 12356.7 points. If the DAX drops below the support levels at 12234.1 - 12227.1, it will try to find next support at 12193 - 12189.6. In case of breaking down, the downward trend will continue to 12172.8 - 12165.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.98 USD to 14.99 USD. This morning it is trading at 14.99 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.03 - 15.04 USD, the aim will be reaching and testing the zone 15.08 - 15.08 USD. If it is successful, the upward trend will continue to 15.11 - 15.12 USD. If the precious metal drops below the support levels at 14.95 - 14.94 USD, it will try to find next support at 14.92 - 14.91 USD. In case of breaking down, the downward trend will continue to 14.87 - 14.86 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1275.44 USD to 1274.61 USD. This morning it is trading at 1274.87 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1278.71 - 1279.03 USD, the aim will be reaching and testing the zone 1283.28 - 1283.44 USD. If it is successful, the upward trend will continue to 1286.9 - 1287.22 USD. If the precious metal drops below the support levels at 1270.84 - 1270.52 USD, it will try to find next support at 1267.06 - 1266.9 USD. In case of breaking down, the downward trend will continue to 1262.65 - 1262.33 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the May Crude Oil futures raised their value from 64.06 USD to 65.65 USD per barrel. This morning they are trading at 65.78 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 66.39 - 66.6 USD, the aim will be reaching and testing the zone 67.13 - 67.24 USD. If it is successful, the upward trend will continue to 68.3 - 68.51 USD. If the Crude Oil futures drop below the support levels at 64.7 - 64.48 USD, they will try to find next support at 63.42 - 63.32 USD. In case of breaking down, the downward trend will continue to 62.79 - 62.58 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3384 CAD to 1.3342 CAD. This morning the currency pair is trading at 1.3344 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.337 - 1.3377 CAD, the aim will be reaching and testing the zone 1.3408 - 1.3412 CAD. If it is successful, the upward trend will continue to 1.3426 - 1.3433 CAD. If USD drops below the support levels at 1.3321 - 1.3314 CAD, it will try to find next support at 1.33 - 1.3296 CAD. In case of breaking down, the downward trend will continue to 1.3265 - 1.3258 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7150 USD to 0.7131 USD. This morning the currency pair is trading at 0.7137 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7144 - 0.7146 USD, the aim will be reaching and testing the zone 0.716 - 0.7162 USD. If it is successful, the upward trend will continue to 0.7169 - 0.7171 USD. If Australian dollar drops below the support levels at 0.7122 - 0.7119 USD, it will try to find next support at 0.7112 - 0.711 USD. In case of breaking down, the downward trend will continue to 0.7097 - 0.7094 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 111.85 JPY to 111.9280 JPY. This morning the currency pair is trading at 111.93 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112 - 112.01 JPY, the aim will be reaching and testing the zone 112.07 - 112.07 JPY. If it is successful, the upward trend will continue to 112.16 - 112.17 JPY. If USD drops below the support levels at 111.85 - 111.84 JPY, it will try to find next support at 111.76 - 111.75 JPY. In case of breaking down, the downward trend will continue to 111.69 - 111.68 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2991 USD to 1.2977 USD. This morning the currency pair is trading at 1.2981 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2989 - 1.2992 USD, the aim will be reaching and testing the zone 1.3006 - 1.3008 USD. If it is successful, the upward trend will continue to 1.3013 - 1.3017 USD. If GBP drops below the support levels at 1.2968 - 1.2964 USD, it will try to find next support at 1.2959 - 1.2957 USD. In case of breaking down, the downward trend will continue to 1.2943 - 1.294 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0133 CHF to 1.0150 CHF. This morning the currency pair is trading at 1.0154 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0163 - 1.0164 CHF, the aim will be reaching and testing the zone 1.0175 - 1.0176 CHF. If it is successful, the upward trend will continue to 1.0191 - 1.0192 CHF. If USD drops below the support levels at 1.0136 - 1.0135 CHF, it will try to find next support at 1.012 - 1.0119 CHF. In case of breaking down, the downward trend will continue to 1.0108 - 1.0107 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1243 USD to 1.1257 USD. This morning the currency pair is trading at 1.1259 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1267 - 1.127 USD, the aim will be reaching and testing the zone 1.1277 - 1.1279 USD. If it is successful, the trend will continue to 1.1293 - 1.1296 USD. If euro drops below the support levels at 1.1243 - 1.1241 USD, it will try to find next support at 1.1226 - 1.1225 USD. In case of breaking down, the downward trend will continue to 1.1217 - 1.1214 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.