Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 13073.1 to 13029.5 points. This morning the index is traded at 13049.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13106.4 - 13124.9 points, the aim will be reaching and testing the zone 13211.1 - 13220.2. If it is successful, the upward trend will continue to 13260.2 - 13278.7 points. If the DAX drops below the support levels at 12971.1 - 12952.6, it will try to find next support at 12912.6 - 12903.4. In case of breaking down, the downward trend will continue to 12817.3 - 12798.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.05 USD to 15.88 USD. This morning it is trading at 15.90 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.02 - 16.05 USD, the aim will be reaching and testing the zone 16.22 - 16.23 USD. If it is successful, the upward trend will continue to 16.32 - 16.35 USD. If the precious metal drops below the support levels at 15.76 - 15.73 USD, it will try to find next support at 15.64 - 15.63 USD. In case of breaking down, the downward trend will continue to 15.46 - 15.43 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1255.05 USD to 1252.53 USD. This morning it is trading at 1255.08 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1256.83 - 1257.55 USD, the aim will be reaching and testing the zone 1262.21 - 1262.57 USD. If it is successful, the upward trend will continue to 1265.43 - 1266.15 USD. If the precious metal drops below the support levels at 1248.95 - 1248.23 USD, it will try to find next support at 1245.37 - 1245.01 USD. In case of breaking down, the downward trend will continue to 1240.35 - 1239.63 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the February Crude Oil futures raised their value from 56.67 USD to 57.19 USD per barrel. This morning they are trading at 57.13 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 57.59 - 57.76 USD, the aim will be reaching and testing the zone 57.99 - 58.08 USD. If it is successful, the upward trend will continue to 58.74 - 58.92 USD. If the Crude Oil futures drop below the support levels at 56.61 - 56.44 USD, they will try to find next support at 55.77 - 55.69 USD. In case of breaking down, the downward trend will continue to 55.45 - 55.28 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.2814 CAD to 1.2794 CAD. This morning the currency pair is trading at 1.2774 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2868 - 1.2870 CAD, the aim will be reaching and testing the zone 1.2943 - 1.2943 CAD. If it is successful, the upward trend will continue to 1.3020 - 1.3022 CAD. If USD drops below the support levels at 1.2718 - 1.2716 CAD, it will try to find next support at 1.2639 - 1.2639 CAD. In case of breaking down, the downward trend will continue to 1.2566 - 1.2564 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7636 USD to 0.7664 USD. This morning the currency pair is trading at 0.7674 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7687 - 0.7691 USD, the aim will be reaching and testing the zone 0.7709 - 0.7711 USD. If it is successful, the upward trend will continue to 0.7739 - 0.7743 USD. If Australian dollar drops below the support levels at 0.7638 - 0.7634 USD, it will try to find next support at 0.7606 - 0.7604 USD. In case of breaking down, the downward trend will continue to 0.7586 - 0.7582 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.52 JPY to 112.36 JPY. This morning the currency pair is trading at 112.20 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.78 - 112.81 JPY, the aim will be reaching and testing the zone 113.24 - 113.26 JPY. If it is successful, the upward trend will continue to 113.61 - 113.64 JPY. If USD drops below the support levels at 111.99 - 111.96 JPY, it will try to find next support at 111.61 - 111.59 JPY. In case of breaking down, the downward trend will continue to 111.16 - 111.13 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3419 USD to 1.3430 USD. This morning the currency pair is trading at 1.3441 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3474 - 1.3478 USD, the aim will be reaching and testing the zone 1.3518 - 1.3520 USD. If it is successful, the upward trend will continue to 1.3571 - 1.3575 USD. If GBP drops below the support levels at 1.3381 - 1.3377 USD, it will try to find next support at 1.3327 - 1.3325 USD. In case of breaking down, the downward trend will continue to 1.3285 - 1.3280 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9850 CHF to 0.9890 CHF. This morning the currency pair is trading at 0.9904 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9916 - 0.9922 CHF, the aim will be reaching and testing the zone 0.9942 - 0.9945 CHF. If it is successful, the upward trend will continue to 0.9980 - 0.9987 CHF. If USD drops below the support levels at 0.9858 - 0.9851 CHF, it will try to find next support at 0.9816 - 0.9813 CHF. In case of breaking down, the downward trend will continue to 0.9793 - 0.9787 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1825 USD to 1.1777 USD. This morning the currency pair is trading at 1.1784 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1823 - 1.1836 USD, the aim will be reaching and testing the zone 1.1888 - 1.1895 USD. If it is successful, the trend will continue to 1.1915 - 1.1928 USD. If euro drops below the support levels at 1.1744 - 1.1731 USD, it will try to find next support at 1.1711 - 1.1705 USD. In case of breaking down, the downward trend will continue to 1.1652 - 1.1639 USD.

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