Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX raised its value from 12507.2 to 12541.9 points. This morning the index is traded at 12553.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12585.9 - 12586.2 points, the aim will be reaching and testing the zone 12629.9 - 12630.1. If it is successful, the upward trend will continue to 12674.5 - 12674.8 points. If the DAX drops below the support levels at 12497.6 - 12497.3, it will try to find next support at 12452.9 - 12452.7. In case of breaking down, the downward trend will continue to 12409 - 12408.7 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver lowered its value from 15.93 USD to 15.79 USD. This morning it is trading at 15.83 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.93 - 15.94 USD, the aim will be reaching and testing the zone 16.10 - 16.10 USD. If it is successful, the upward trend will continue to 16.23 - 16.24 USD. If the precious metal drops below the support levels at 15.65 - 15.64 USD, it will try to find next support at 15.51 - 15.51 USD. In case of breaking down, the downward trend will continue to 15.35 - 15.34 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold lowered its value from 1247.12 USD to 1240.80 USD. This morning it is trading at 1244.59 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1246.62 - 1247.06 USD, the aim will be reaching and testing the zone 1253.10 - 1253.31 USD. If it is successful, the upward trend will continue to 1258.26 - 1258.70 USD. If the precious metal drops below the support levels at 1235.42 - 1234.98 USD, it will try to find next support at 1230.03 - 1229.82 USD. In case of breaking down, the downward trend will continue to 1223.78 - 1223.34 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the September Crude Oil futures raised their value from 69.39 USD to 69.46 USD per barrel. This morning they are trading at 69.45 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 70.37 - 70.44 USD, the aim will be reaching and testing the zone 71.39 - 71.42 USD. If it is successful, the upward trend will continue to 72.20 - 72.27 USD. If the Crude Oil futures drop below the support levels at 68.61 - 68.54 USD, they will try to find next support at 67.76 - 67.73 USD. In case of breaking down, the downward trend will continue to 66.78 - 66.71 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3152 CAD to 1.3152 CAD. This morning the currency pair is trading at 1.3142 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3181 - 1.3190 CAD, the aim will be reaching and testing the zone 1.3224 - 1.3229 CAD. If it is successful, the upward trend will continue to 1.3241 - 1.3250 CAD. If USD drops below the support levels at 1.3131 - 1.3122 CAD, it will try to find next support at 1.3110 - 1.3105 CAD. In case of breaking down, the downward trend will continue to 1.3071 - 1.3062 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.7405 USD to 0.7422 USD. This morning the currency pair is trading at 0.7427 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7441 - 0.745 USD, the aim will be reaching and testing the zone 0.7461 - 0.7465 USD. If it is successful, the upward trend will continue to 0.7497 - 0.7506 USD. If Australian dollar drops below the support levels at 0.7394 - 0.7385 USD, it will try to find next support at 0.7353 - 0.7349 USD. In case of breaking down, the downward trend will continue to 0.7338 - 0.7329 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 112.53 JPY to 112.33 JPY. This morning the currency pair is trading at 112.44 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.59 - 112.66 JPY, the aim will be reaching and testing the zone 112.96 - 112.99 JPY. If it is successful, the upward trend will continue to 113.12 - 113.19 JPY. If USD drops below the support levels at 112.13 - 112.06 JPY, it will try to find next support at 111.93 - 111.90 JPY. In case of breaking down, the downward trend will continue to 111.60 - 111.53 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.3204 USD to 1.3235 USD. This morning the currency pair is trading at 1.3246 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3281 - 1.3303 USD, the aim will be reaching and testing the zone 1.3328 - 1.3339 USD. If it is successful, the upward trend will continue to 1.3418 - 1.3439 USD. If GBP drops below the support levels at 1.3166 - 1.3145 USD, it will try to find next support at 1.3066 - 1.3055 USD. In case of breaking down, the downward trend will continue to 1.3030 - 1.3009 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 1.0021 CHF to 1.0016 CHF. This morning the currency pair is trading at 1.0010 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0042 - 1.0051 CHF, the aim will be reaching and testing the zone 1.0082 - 1.0086 CHF. If it is successful, the upward trend will continue to 1.0096 - 1.0104 CHF. If USD drops below the support levels at 0.9997 - 0.9989 CHF, it will try to find next support at 0.9978 - 0.9974 CHF. In case of breaking down, the downward trend will continue to 0.9943 - 0.9935 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro raised its value from 1.1670 USD to 1.1684 USD. This morning the currency pair is trading at 1.1693 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1710 - 1.1721 USD, the aim will be reaching and testing the zone 1.1735 - 1.1741 USD. If it is successful, the trend will continue to 1.1784 - 1.1796 USD. If euro drops below the support levels at 1.1647 - 1.1636 USD, it will try to find next support at 1.1593 - 1.1587 USD. In case of breaking down, the downward trend will continue to 1.1573 - 1.1561 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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Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.
Risk warning
Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.