Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13299.0 to 13244.4 points. This morning the index is traded at 13244.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13315.3 - 13321.6 points, the aim will be reaching and testing the zone 13386.2 - 13389.3. If it is successful, the upward trend will continue to 13469.6 - 13475.9 points. If the DAX drops below the support levels at 13167.3 - 13161.1, it will try to find next support at 13080.7 - 13077.6. In case of breaking down, the downward trend will continue to 13013.1 - 13006.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver was in a range 16.856 - 17.032 USD. This morning it is trading at 17.11 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.05 - 17.06 USD, the aim will be reaching and testing the zone 17.13 - 17.14 USD. If it is successful, the upward trend will continue to 17.23 - 17.24 USD. If the precious metal drops below the support levels at 16.89 - 16.88 USD, it will try to find next support at 16.78 - 16.76 USD. In case of breaking down, the downward trend will continue to 16.71 - 16.70 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1316.56 USD to 1322.26 USD. This morning it is trading at 1328.70 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1325.58 - 1326.42 USD, the aim will be reaching and testing the zone 1328.91 - 1329.32 USD. If it is successful, the upward trend will continue to 1333.89 - 1334.73 USD. If the precious metal drops below the support levels at 1318.11 - 1317.27 USD, it will try to find next support at 1312.72 - 1312.28 USD. In case of breaking down, the downward trend will continue to 1309.81 - 1308.96 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 63.45 USD to 63.52 USD per barrel. This morning they are trading at 63.36 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 64.19 - 64.37 USD, the aim will be reaching and testing the zone 65.13 - 65.22 USD. If it is successful, the upward trend will continue to 65.52 - 65.70 USD. If the Crude Oil futures drop below the support levels at 63.04 - 62.86 USD, they will try to find next support at 62.56 - 62.47 USD. In case of breaking down, the downward trend will continue to 61.71 - 61.53 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.2544 CAD to 1.2517 CAD. This morning the currency pair is trading at 1.2534 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2554 - 1.2566 CAD, the aim will be reaching and testing the zone 1.2609 - 1.2615 CAD. If it is successful, the upward trend will continue to 1.2629 - 1.2641 CAD. If USD drops below the support levels at 1.2491 - 1.2481 CAD, it will try to find next support at 1.2466 - 1.2461 CAD. In case of breaking down, the downward trend will continue to 1.2417 - 1.2405 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7840 USD to 0.7891 USD. This morning the currency pair is trading at 0.7881 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7911 - 0.7921 USD, the aim will be reaching and testing the zone 0.7931 - 0.7936 USD. If it is successful, the upward trend will continue to 0.7969 - 0.7977 USD. If Australian dollar drops below the support levels at 0.7862 - 0.7854 USD, it will try to find next support at 0.7821 - 0.7816 USD. In case of breaking down, the downward trend will continue to 0.7805 - 0.7796 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.42 JPY to 111.24 JPY. This morning the currency pair is trading at 111.22 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.67 - 111.74 JPY, the aim will be reaching and testing the zone 112.19 - 112.22 JPY. If it is successful, the upward trend will continue to 112.51 - 112.57 JPY. If USD drops below the support levels at 110.91 - 110.83 JPY, it will try to find next support at 110.54 - 110.51 JPY. In case of breaking down, the downward trend will continue to 110.06 - 109.99 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3503 USD to 1.3535 USD. This morning the currency pair is trading at 1.3543 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3573 - 1.3583 USD, the aim will be reaching and testing the zone 1.3612 - 1.3617 USD. If it is successful, the upward trend will continue to 1.3671 - 1.3679 USD. If GBP drops below the support levels at 1.3486 - 1.3477 USD, it will try to find next support at 1.3424 - 1.3419 USD. In case of breaking down, the downward trend will continue to 1.3391 - 1.3380 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9777 CHF to 0.9755 CHF. This morning the currency pair is trading at 0.9815 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9796 - 0.9803 CHF, the aim will be reaching and testing the zone 0.9848 - 0.9851 CHF. If it is successful, the upward trend will continue to 0.9881 - 0.9887 CHF. If USD drops below the support levels at 0.9719 - 0.9713 CHF, it will try to find next support at 0.9683 - 0.9680 CHF. In case of breaking down, the downward trend will continue to 0.9635 - 0.9629 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1946 USD to 1.2031 USD. This morning the currency pair is trading at 1.2043 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.2083 - 1.2096 USD, the aim will be reaching and testing the zone 1.2136 - 1.2142 USD. If it is successful, the trend will continue to 1.2213 - 1.2226 USD. If euro drops below the support levels at 1.1966 - 1.1954 USD, it will try to find next support at 1.1883 - 1.1876 USD. In case of breaking down, the downward trend will continue to 1.1837 - 1.1824 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.