Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13224.0 to 13148.0 points. This morning the index is traded at 13188.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13258.0 - 13289.3 points, the aim will be reaching and testing the zone 13415.0 - 13430.7. If it is successful, the upward trend will continue to 13478.1 - 13509.3 points. If the DAX drops below the support levels at 13069.3 - 13038.0, it will try to find next support at 12990.7 - 12975.2. In case of breaking down, the downward trend will continue to 12849.3 - 12818.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.34 USD to 17.18 USD. This morning it is trading at 17.12 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.43 - 17.47 USD, the aim will be reaching and testing the zone 17.68 - 17.70 USD. If it is successful, the upward trend will continue to 18.01 - 18.04 USD. If the precious metal drops below the support levels at 16.91 - 16.86 USD, it will try to find next support at 16.55 - 16.53 USD. In case of breaking down, the downward trend will continue to 16.32 - 16.28 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1340.25 USD to 1338.16 USD. This morning it is trading at 1333.42 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1342.97 - 1343.36 USD, the aim will be reaching and testing the zone 1347.79 - 1347.98 USD. If it is successful, the upward trend will continue to 1353.36 - 1353.75 USD. If the precious metal drops below the support levels at 1332.97 - 1332.58 USD, it will try to find next support at 1327.21 - 1327.01 USD. In case of breaking down, the downward trend will continue to 1322.58 - 1322.19 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the March Crude Oil futures lowered their value from 64.70 USD to 63.80 USD per barrel. This morning they are trading at 63.62 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 64.49 - 64.56 USD, the aim will be reaching and testing the zone 65.28 - 65.31 USD. If it is successful, the upward trend will continue to 65.86 - 65.93 USD. If the Crude Oil futures drop below the support levels at 63.18 - 63.11 USD, they will try to find next support at 62.57 - 62.53 USD. In case of breaking down, the downward trend will continue to 61.81 - 61.74 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2426 CAD to 1.2433 CAD. This morning the currency pair is trading at 1.2450 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2458 - 1.2461 CAD, the aim will be reaching and testing the zone 1.2482 - 1.2484 CAD. If it is successful, the upward trend will continue to 1.2513 - 1.2516 CAD. If USD drops below the support levels at 1.2406 - 1.2403 CAD, it will try to find next support at 1.2373 - 1.2372 CAD. In case of breaking down, the downward trend will continue to 1.2351 - 1.2348 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7963 USD to 0.7958 USD. This morning the currency pair is trading at 0.7953 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7976 - 0.7977 USD, the aim will be reaching and testing the zone 0.7995 - 0.7995 USD. If it is successful, the upward trend will continue to 0.8015 - 0.8016 USD. If Australian dollar drops below the support levels at 0.7939 - 0.7938 USD, it will try to find next support at 0.7919 - 0.7918 USD. In case of breaking down, the downward trend will continue to 0.7902 - 0.7900 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.52 JPY to 110.43 JPY. This morning the currency pair is trading at 110.80 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.81 - 110.86 JPY, the aim will be reaching and testing the zone 111.27 - 111.29 JPY. If it is successful, the upward trend will continue to 111.56 - 111.61 JPY. If USD drops below the support levels at 110.12 - 110.06 JPY, it will try to find next support at 109.80 - 109.77 JPY. In case of breaking down, the downward trend will continue to 109.37 - 109.31 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound was in a range 1.37413 - 1.38052 USD. This morning the currency pair is trading at 1.3770 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3815 - 1.3820 USD, the aim will be reaching and testing the zone 1.3842 - 1.3845 USD. If it is successful, the upward trend will continue to 1.3879 - 1.3884 USD. If GBP drops below the support levels at 1.3757 - 1.3751 USD, it will try to find next support at 1.3717 - 1.3714 USD. In case of breaking down, the downward trend will continue to 1.3693 - 1.3688 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9627 CHF to 0.9593 CHF. This morning the currency pair is trading at 0.9665 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9635 - 0.9645 CHF, the aim will be reaching and testing the zone 0.9692 - 0.9697 CHF. If it is successful, the upward trend will continue to 0.9719 - 0.9729 CHF. If USD drops below the support levels at 0.9561 - 0.9551 CHF, it will try to find next support at 0.9529 - 0.9524 CHF. In case of breaking down, the downward trend will continue to 0.9477 - 0.9467 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro was in a range 1.21948 - 1.22827 USD. This morning the currency pair is trading at 1.2226 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.2296 - 1.2303 USD, the aim will be reaching and testing the zone 1.2333 - 1.2337 USD. If it is successful, the trend will continue to 1.2384 - 1.2391 USD. If euro drops below the support levels at 1.2215 - 1.2208 USD, it will try to find next support at 1.2161 - 1.2158 USD. In case of breaking down, the downward trend will continue to 1.2127 - 1.2121 USD.

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