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Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11998.1 to 11948.6 points. This morning the index is traded at 11915.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11993.6 - 12001.5 points, the aim will be reaching and testing the zone 12050.5 - 12054.5. If it is successful, the upward trend will continue to 12083.5 - 12091.4 points. If the DAX drops below the support levels at 11911.6 - 11903.7, it will try to find next support at 11874.7 - 11870.7. In case of breaking down, the downward trend will continue to 11821.7 - 11813.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 18.01 USD to 18.17 USD. This morning it is trading at 18.20 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.27 - 18.31 USD, the aim will be reaching and testing the zone 18.38 - 18.40 USD. If it is successful, the upward trend will continue to 18.55 - 18.59 USD. If the precious metal drops below the support levels at 18.03 - 18.00 USD, it will try to find next support at 17.84 - 17.82 USD. In case of breaking down, the downward trend will continue to 17.75 - 17.72 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1237.57 USD to 1249.13 USD. This morning it is trading at 1251.37 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1254.89 - 1256.85 USD, the aim will be reaching and testing the zone 1260.65 - 1261.63 USD. If it is successful, the upward trend will continue to 1270.32 - 1272.28 USD. If the precious metal drops below the support levels at 1241.42 - 1239.46 USD, it will try to find next support at 1230.77 - 1229.79 USD. In case of breaking down, the downward trend will continue to 1225.99 - 1224.03 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures raised their value from 53.88 USD to 54.35 USD per barrel. This morning they are trading at 54.41 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 54.85 - 54.86 USD, the aim will be reaching and testing the zone 55.37 - 55.37 USD. If it is successful, the upward trend will continue to 55.86 - 55.86 USD. If the Crude Oil futures drop below the support levels at 53.86 - 53.85 USD, they will try to find next support at 53.36 - 53.36 USD. In case of breaking down, the downward trend will continue to 52.85 - 52.85 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3163 CAD to 1.3104 CAD. This morning the currency pair is trading at 1.3101 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3147 - 1.3155 CAD, the aim will be reaching and testing the zone 1.3202 - 1.3206 CAD. If it is successful, the upward trend will continue to 1.3235 - 1.3242 CAD. If USD drops below the support levels at 1.3067 - 1.3060 CAD, it will try to find next support at 1.3031 - 1.3027 CAD. In case of breaking down, the downward trend will continue to 1.2979 - 1.2972 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7701 USD to 0.7714 USD. This morning the currency pair is trading at 0.7715 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7748 - 0.7751 USD, the aim will be reaching and testing the zone 0.7782 - 0.7784 USD. If it is successful, the upward trend will continue to 0.7823 - 0.7827 USD. If Australian dollar drops below the support levels at 0.7676 - 0.7672 USD, it will try to find next support at 0.7632 - 0.7630 USD. In case of breaking down, the downward trend will continue to 0.7600 - 0.7596 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 113.29 JPY to 112.59 JPY. This morning the currency pair is trading at 112.82 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.05 - 113.18 JPY, the aim will be reaching and testing the zone 113.70 - 113.77 JPY. If it is successful, the upward trend will continue to 113.96 - 114.09 JPY. If USD drops below the support levels at 112.27 - 112.14 JPY, it will try to find next support at 111.96 - 111.89 JPY. In case of breaking down, the downward trend will continue to 111.37 - 111.23 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2443 USD to 1.2553 USD. This morning the currency pair is trading at 1.2553 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2600 - 1.2619 USD, the aim will be reaching and testing the zone 1.2647 - 1.2657 USD. If it is successful, the upward trend will continue to 1.2733 - 1.2753 USD. If GBP drops below the support levels at 1.2486 - 1.2466 USD, it will try to find next support at 1.2390 - 1.2380 USD. In case of breaking down, the downward trend will continue to 1.2353 - 1.2333 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 1.0100 CHF to 1.0059 CHF. This morning the currency pair is trading at 1.0064 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0090 - 1.0099 CHF, the aim will be reaching and testing the zone 1.0134 - 1.0138 CHF. If it is successful, the upward trend will continue to 1.0152 - 1.0161 CHF. If USD drops below the support levels at 1.0037 - 1.0028 CHF, it will try to find next support at 1.0014 - 1.0010 CHF. In case of breaking down, the downward trend will continue to 0.9974 - 0.9966 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.0557 USD to 1.0581 USD. This morning the currency pair is trading at 1.0581 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0605 - 1.0609 USD, the aim will be reaching and testing the zone 1.0629 - 1.0631 USD. If it is successful, the trend will continue to 1.0662 - 1.0667 USD. If euro drops below the support levels at 1.0552 - 1.0547 USD, it will try to find next support at 1.0515 - 1.0513 USD. In case of breaking down, the downward trend will continue to 1.0494 - 1.0489 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Avus Capital accepts no responsibility 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 his or her own risk. Please be advised that trading CFDs involves a significant risk of loss.

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