Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11818.8 to 11734.4 points. This morning the index is traded at 11717.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11825.5 - 11833.9 points, the aim will be reaching and testing the zone 11929.2 - 11933.4. If it is successful, the upward trend will continue to 12007.6 - 12016 points. If the DAX drops below the support levels at 11651.8 - 11643.4, it will try to find next support at 11569.2 - 11565. In case of breaking down, the downward trend will continue to 11469.7 - 11461.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.62 USD to 14.59 USD. This morning it is trading at 14.57 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.66 - 14.67 USD, the aim will be reaching and testing the zone 14.74 - 14.75 USD. If it is successful, the upward trend will continue to 14.79 - 14.8 USD. If the precious metal drops below the support levels at 14.54 - 14.52 USD, it will try to find next support at 14.49 - 14.48 USD. In case of breaking down, the downward trend will continue to 14.41 - 14.39 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1224.14 USD to 1222.05 USD. This morning it is trading at 1223.24 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1226.5 - 1227.46 USD, the aim will be reaching and testing the zone 1232.39 - 1232.86 USD. If it is successful, the upward trend will continue to 1235.4 - 1236.36 USD. If the precious metal drops below the support levels at 1218.56 - 1217.6 USD, it will try to find next support at 1215.06 - 1214.59 USD. In case of breaking down, the downward trend will continue to 1209.66 - 1208.7 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 72.03 USD to 69.98 USD per barrel. This morning they are trading at 69.76 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 71.44 - 71.71 USD, the aim will be reaching and testing the zone 73.3 - 73.44 USD. If it is successful, the upward trend will continue to 74.35 - 74.62 USD. If the Crude Oil futures drop below the support levels at 68.8 - 68.53 USD, they will try to find next support at 67.62 - 67.48 USD. In case of breaking down, the downward trend will continue to 65.89 - 65.62 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2931 CAD to 1.3014 CAD. This morning the currency pair is trading at 1.3040 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3049 - 1.3061 CAD, the aim will be reaching and testing the zone 1.3084 - 1.309 CAD. If it is successful, the upward trend will continue to 1.3143 - 1.3155 CAD. If USD drops below the support levels at 1.2967 - 1.2955 CAD, it will try to find next support at 1.2902 - 1.2896 CAD. In case of breaking down, the downward trend will continue to 1.2873 - 1.2861 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7139 USD to 0.7107 USD. This morning the currency pair is trading at 0.7128 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7134 - 0.7142 USD, the aim will be reaching and testing the zone 0.7173 - 0.7177 USD. If it is successful, the upward trend will continue to 0.7188 - 0.7196 USD. If Australian dollar drops below the support levels at 0.7088 - 0.708 USD, it will try to find next support at 0.7069 - 0.7065 USD. In case of breaking down, the downward trend will continue to 0.7034 - 0.7026 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 112.24 JPY to 112.6290 JPY. This morning the currency pair is trading at 112.51 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.86 - 112.96 JPY, the aim will be reaching and testing the zone 113.1 - 113.15 JPY. If it is successful, the upward trend will continue to 113.53 - 113.63 JPY. If USD drops below the support levels at 112.3 - 112.2 JPY, it will try to find next support at 111.82 - 111.77 JPY. In case of breaking down, the downward trend will continue to 111.63 - 111.53 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3177 USD to 1.3112 USD. This morning the currency pair is trading at 1.3099 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3158 - 1.317 USD, the aim will be reaching and testing the zone 1.3222 - 1.3227 USD. If it is successful, the upward trend will continue to 1.3251 - 1.3262 USD. If GBP drops below the support levels at 1.3077 - 1.3066 USD, it will try to find next support at 1.3041 - 1.3036 USD. In case of breaking down, the downward trend will continue to 1.2984 - 1.2973 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9905 CHF to 0.9952 CHF. This morning the currency pair is trading at 0.9948 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9971 - 0.998 CHF, the aim will be reaching and testing the zone 0.999 - 0.9994 CHF. If it is successful, the upward trend will continue to 1.0027 - 1.0035 CHF. If USD drops below the support levels at 0.9924 - 0.9915 CHF, it will try to find next support at 0.9883 - 0.9879 CHF. In case of breaking down, the downward trend will continue to 0.9868 - 0.986 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1574 USD to 1.1500 USD. This morning the currency pair is trading at 1.1498 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1542 - 1.1555 USD, the aim will be reaching and testing the zone 1.1603 - 1.161 USD. If it is successful, the trend will continue to 1.1627 - 1.1639 USD. If euro drops below the support levels at 1.147 - 1.1457 USD, it will try to find next support at 1.144 - 1.1434 USD. In case of breaking down, the downward trend will continue to 1.1385 - 1.1373 USD.

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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.