Analysis

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 14.59 USD to 14.55 USD. This morning it is trading at 14.63 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.65 - 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 14.85 - 14.90 USD. If the precious metal drops below the support levels at 14.45 - 14.44 USD, it will try to find next support at 14.34 - 14.32 USD. In case of breaking down, the downward trend will continue to 14.25 - 14.20 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1221.76 USD to 1225.46 USD. This morning it is trading at 1228.84 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1230.80 - 1231.19 USD, the aim will be reaching and testing the zone 1236.14 - 1236.34 USD. If it is successful, the upward trend will continue to 1242.26 - 1242.65 USD. If the precious metal drops below the support levels at 1219.73 - 1219.34 USD, it will try to find next support at 1213.42 - 1213.22 USD. In case of breaking down, the downward trend will continue to 1208.27 - 1207.88 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the November Crude Oil futures lowered their value from 69.93 USD to 68.67 USD per barrel. This morning they are trading at 69.01 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 69.38 - 69.57 USD, the aim will be reaching and testing the zone 70.37 - 70.47 USD. If it is successful, the upward trend will continue to 70.80 - 70.99 USD. If the Crude Oil futures drop below the support levels at 68.14 - 67.95 USD, they will try to find next support at 67.61 - 67.52 USD. In case of breaking down, the downward trend will continue to 66.71 - 66.53 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3014 CAD to 1.3083 CAD. This morning the currency pair is trading at 1.3050 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3109 - 1.3119 CAD, the aim will be reaching and testing the zone 1.3134 - 1.3140 CAD. If it is successful, the upward trend will continue to 1.3181 - 1.3192 CAD. If USD drops below the support levels at 1.3046 - 1.3036 CAD, it will try to find next support at 1.2994 - 1.2988 CAD. In case of breaking down, the downward trend will continue to 1.2973 - 1.2963 CAD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 0.7107 JPY to 0.7098 JPY. This morning the currency pair is trading at 0.7119 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.7124 - 0.7133 JPY, the aim will be reaching and testing the zone 0.7164 - 0.7168 JPY. If it is successful, the upward trend will continue to 0.7178 - 0.7186 JPY. If USD drops below the support levels at 0.7079 - 0.7071 JPY, it will try to find next support at 0.7061 - 0.7057 JPY. In case of breaking down, the downward trend will continue to 0.7026 - 0.7017 JPY.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.63 JPY to 112.1830 JPY. This morning the currency pair is trading at 112.48 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.57 - 112.62 JPY, the aim will be reaching and testing the zone 113.04 - 113.06 JPY. If it is successful, the upward trend will continue to 113.36 - 113.41 JPY. If USD drops below the support levels at 111.84 - 111.79 JPY, it will try to find next support at 111.50 - 111.47 JPY. In case of breaking down, the downward trend will continue to 111.06 - 111.01 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3112 USD to 1.3016 USD. This morning the currency pair is trading at 1.3028 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3073 - 1.3093 USD, the aim will be reaching and testing the zone 1.3160 - 1.3170 USD. If it is successful, the upward trend will continue to 1.3189 - 1.3208 USD. If GBP drops below the support levels at 1.2977 - 1.2958 USD, it will try to find next support at 1.2938 - 1.2928 USD. In case of breaking down, the downward trend will continue to 1.2861 - 1.2842 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9949 CHF to 0.9955 CHF. This morning the currency pair is trading at 0.9965 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9980 - 0.9982 CHF, the aim will be reaching and testing the zone 1.0004 - 1.0006 CHF. If it is successful, the upward trend will continue to 1.0035 - 1.0037 CHF. If USD drops below the support levels at 0.9928 - 0.9925 CHF, it will try to find next support at 0.9896 - 0.9895 CHF. In case of breaking down, the downward trend will continue to 0.9873 - 0.9870 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1500 USD to 1.1452 USD. This morning the currency pair is trading at 1.1467 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1491 - 1.1503 USD, the aim will be reaching and testing the zone 1.1548 - 1.1554 USD. If it is successful, the trend will continue to 1.1569 - 1.1581 USD. If euro drops below the support levels at 1.1425 - 1.1413 USD, it will try to find next support at 1.1398 - 1.1392 USD. In case of breaking down, the downward trend will continue to 1.1347 - 1.1335 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.