Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11372.0 to 11456.4 points. This morning the index is traded at 11472.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11550.4 - 11552.6 points, the aim will be reaching and testing the zone 11644.4 - 11645.5. If it is successful, the upward trend will continue to 11742.7 - 11744.9 points. If the DAX drops below the support levels at 11360.3 - 11358.1, it will try to find next support at 11260.9 - 11259.8. In case of breaking down, the downward trend will continue to 11168 - 11165.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.37 USD to 17.12 USD. This morning it is trading at 17.09 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.32 - 17.35 USD, the aim will be reaching and testing the zone 17.57 - 17.59 USD. If it is successful, the upward trend will continue to 17.72 - 17.76 USD. If the precious metal drops below the support levels at 16.95 - 16.92 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 16.55 - 16.52 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1726.27 USD to 1710.15 USD. This morning it is trading at 1710.86 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1723.28 - 1727.13 USD, the aim will be reaching and testing the zone 1742.19 - 1744.12 USD. If it is successful, the upward trend will continue to 1749.53 - 1753.38 USD. If the precious metal drops below the support levels at 1700.88 - 1697.03 USD, it will try to find next support at 1691.62 - 1689.69 USD. In case of breaking down, the downward trend will continue to 1674.63 - 1670.78 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures raised their value from 33.76 USD to 34.16 USD per barrel. This morning they are trading at 34.16 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 34.84 - 34.87 USD, the aim will be reaching and testing the zone 35.52 - 35.54 USD. If it is successful, the upward trend will continue to 36.26 - 36.29 USD. If the Crude Oil futures drop below the support levels at 33.45 - 33.42 USD, they will try to find next support at 32.7 - 32.68 USD. In case of breaking down, the downward trend will continue to 32.03 - 32 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3976 CAD to 1.3775 CAD. This morning the currency pair is trading at 1.3778 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3889 - 1.3921 CAD, the aim will be reaching and testing the zone 1.4051 - 1.4067 CAD. If it is successful, the upward trend will continue to 1.4117 - 1.4149 CAD. If USD drops below the support levels at 1.3693 - 1.3661 CAD, it will try to find next support at 1.3611 - 1.3595 CAD. In case of breaking down, the downward trend will continue to 1.3465 - 1.3433 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6544 USD to 0.6651 USD. This morning the currency pair is trading at 0.6648 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6706 - 0.6722 USD, the aim will be reaching and testing the zone 0.6761 - 0.6769 USD. If it is successful, the upward trend will continue to 0.6847 - 0.6863 USD. If Australian dollar drops below the support levels at 0.6581 - 0.6565 USD, it will try to find next support at 0.6487 - 0.6479 USD. In case of breaking down, the downward trend will continue to 0.6439 - 0.6424 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 107.68 JPY to 107.5310 JPY. This morning the currency pair is trading at 107.50 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.79 - 107.84 JPY, the aim will be reaching and testing the zone 108.12 - 108.14 JPY. If it is successful, the upward trend will continue to 108.31 - 108.36 JPY. If USD drops below the support levels at 107.31 - 107.27 JPY, it will try to find next support at 107.1 - 107.07 JPY. In case of breaking down, the downward trend will continue to 106.79 - 106.75 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2179 USD to 1.2331 USD. This morning the currency pair is trading at 1.2333 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2406 - 1.2427 USD, the aim will be reaching and testing the zone 1.248 - 1.2491 USD. If it is successful, the upward trend will continue to 1.2597 - 1.2619 USD. If GBP drops below the support levels at 1.2236 - 1.2214 USD, it will try to find next support at 1.2108 - 1.2097 USD. In case of breaking down, the downward trend will continue to 1.2044 - 1.2023 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9715 CHF to 0.9655 CHF. This morning the currency pair is trading at 0.9654 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9692 - 0.9701 CHF, the aim will be reaching and testing the zone 0.9743 - 0.9747 CHF. If it is successful, the upward trend will continue to 0.9765 - 0.9775 CHF. If USD drops below the support levels at 0.9627 - 0.9618 CHF, it will try to find next support at 0.96 - 0.9595 CHF. In case of breaking down, the downward trend will continue to 0.9864 - 0.9861 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.0895 USD to 1.0982 USD. This morning the currency pair is trading at 1.0982 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1023 - 1.1037 USD, the aim will be reaching and testing the zone 1.1064 - 1.1071 USD. If it is successful, the trend will continue to 1.1133 - 1.1147 USD. If euro drops below the support levels at 1.0927 - 1.0913 USD, it will try to find next support at 1.0851 - 1.0844 USD. In case of breaking down, the downward trend will continue to 1.0817 - 1.0803 USD.

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