Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13001.5 to 13008.0 points. This morning the index is traded at 13012.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13039.1 - 13041.8 points, the aim will be reaching and testing the zone 13070.2 - 13071.5. If it is successful, the upward trend will continue to 13106.6 - 13109.3 points. If the DAX drops below the support levels at 12974.3 - 12971.6, it will try to find next support at 12936.5 - 12935.2. In case of breaking down, the downward trend will continue to 12906.8 - 12904.1 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.22 USD to 17.01 USD. This morning it is trading at 17.01 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.16 - 17.18 USD, the aim will be reaching and testing the zone 17.34 - 17.35 USD. If it is successful, the upward trend will continue to 17.44 - 17.47 USD. If the precious metal drops below the support levels at 16.90 - 16.87 USD, it will try to find next support at 16.78 - 16.77 USD. In case of breaking down, the downward trend will continue to 16.61 - 16.59 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1295.07 USD to 1285.04 USD. This morning it is trading at 1283.97 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1292.48 - 1293.72 USD, the aim will be reaching and testing the zone 1301.78 - 1302.40 USD. If it is successful, the upward trend will continue to 1307.35 - 1308.59 USD. If the precious metal drops below the support levels at 1278.85 - 1277.61 USD, it will try to find next support at 1272.66 - 1272.04 USD. In case of breaking down, the downward trend will continue to 1263.98 - 1262.74 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the December Crude Oil futures lowered their value from 52.17 USD to 52.16 USD per barrel. This morning they are trading at 52.22 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 52.61 - 52.67 USD, the aim will be reaching and testing the zone 53.06 - 53.09 USD. If it is successful, the upward trend will continue to 53.64 - 53.70 USD. If the Crude Oil futures drop below the support levels at 51.64 - 51.58 USD, they will try to find next support at 51.03 - 51.00 USD. In case of breaking down, the downward trend will continue to 50.61 - 50.55 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2514 CAD to 1.2519 CAD. This morning the currency pair is trading at 1.2511 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2558 - 1.2569 CAD, the aim will be reaching and testing the zone 1.2613 - 1.2618 CAD. If it is successful, the upward trend will continue to 1.2636 - 1.2647 CAD. If USD drops below the support levels at 1.2491 - 1.2480 CAD, it will try to find next support at 1.2462 - 1.2457 CAD. In case of breaking down, the downward trend will continue to 1.2412 - 1.2402 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7849 USD to 0.7842 USD. This morning the currency pair is trading at 0.7842 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7862 - 0.7864 USD, the aim will be reaching and testing the zone 0.7883 - 0.7883 USD. If it is successful, the upward trend will continue to 0.7905 - 0.7906 USD. If Australian dollar drops below the support levels at 0.7821 - 0.7820 USD, it will try to find next support at 0.7798 - 0.7797 USD. In case of breaking down, the downward trend will continue to 0.7778 - 0.7777 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 112.17 JPY to 112.18 JPY. This morning the currency pair is trading at 112.31 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 112.41 - 112.43 JPY, the aim will be reaching and testing the zone 112.66 - 112.68 JPY. If it is successful, the upward trend will continue to 112.86 - 112.88 JPY. If USD drops below the support levels at 111.98 - 111.96 JPY, it will try to find next support at 111.78 - 111.76 JPY. In case of breaking down, the downward trend will continue to 111.53 - 111.51 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3248 USD to 1.3187 USD. This morning the currency pair is trading at 1.3178 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3253 - 1.3264 USD, the aim will be reaching and testing the zone 1.3336 - 1.3341 USD. If it is successful, the upward trend will continue to 1.3385 - 1.3396 USD. If GBP drops below the support levels at 1.3132 - 1.3121 USD, it will try to find next support at 1.3077 - 1.3072 USD. In case of breaking down, the downward trend will continue to 1.3001 - 1.2989 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9752 CHF to 0.9783 CHF. This morning the currency pair is trading at 0.9784 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9812 - 0.9814 CHF, the aim will be reaching and testing the zone 0.9841 - 0.9842 CHF. If it is successful, the upward trend will continue to 0.9874 - 0.9876 CHF. If USD drops below the support levels at 0.9752 - 0.9750 CHF, it will try to find next support at 0.9718 - 0.9717 CHF. In case of breaking down, the downward trend will continue to 0.9689 - 0.9687 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1795 USD to 1.1765 USD. This morning the currency pair is trading at 1.1764 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1797 - 1.1798 USD, the aim will be reaching and testing the zone 1.1830 - 1.1831 USD. If it is successful, the trend will continue to 1.1861 - 1.1862 USD. If euro drops below the support levels at 1.1734 - 1.1734 USD, it will try to find next support at 1.1703 - 1.1703 USD. In case of breaking down, the downward trend will continue to 1.1673 - 1.1671 USD.

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