Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12732.8 to 12823.3 points. This morning the index is traded at 12823.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12987.4 - 13005.6 points, the aim will be reaching and testing the zone 13178.8 - 13187.9. If it is successful, the upward trend will continue to 13315.5 - 13333.7 points. If the DAX drops below the support levels at 12677.5 - 12659.3, it will try to find next support at 12531.7 - 12522.6. In case of breaking down, the downward trend will continue to 12349.4 - 12331.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 29.11 USD to 24.77 USD. This morning it is trading at 25.71 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 27.19 - 27.87 USD, the aim will be reaching and testing the zone 30.63 - 30.98 USD. If it is successful, the upward trend will continue to 32.03 - 32.71 USD. If the precious metal drops below the support levels at 23.03 - 22.34 USD, it will try to find next support at 21.29 - 20.95 USD. In case of breaking down, the downward trend will continue to 18.19 - 17.5 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 2027.17 USD to 1911.10 USD. This morning it is trading at 1926.45 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1975.19 - 1993.24 USD, the aim will be reaching and testing the zone 2066.35 - 2075.37 USD. If it is successful, the upward trend will continue to 2103.37 - 2121.42 USD. If the precious metal drops below the support levels at 1865.06 - 1847.01 USD, it will try to find next support at 1819.01 - 1809.99 USD. In case of breaking down, the downward trend will continue to 1736.88 - 1718.83 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the August Crude Oil futures lowered their value from 41.90 USD to 41.58 USD per barrel. This morning they are trading at 41.62 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 42.31 - 42.51 USD, the aim will be reaching and testing the zone 43.33 - 43.43 USD. If it is successful, the upward trend will continue to 43.76 - 43.96 USD. If the Crude Oil futures drop below the support levels at 41.05 - 40.85 USD, they will try to find next support at 40.52 - 40.42 USD. In case of breaking down, the downward trend will continue to 39.6 - 39.4 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3351 CAD to 1.3299 CAD. This morning the currency pair is trading at 1.3300 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3345 - 1.335 CAD, the aim will be reaching and testing the zone 1.3398 - 1.3401 CAD. If it is successful, the upward trend will continue to 1.3435 - 1.3441 CAD. If USD drops below the support levels at 1.3259 - 1.3254 CAD, it will try to find next support at 1.3219 - 1.3217 CAD. In case of breaking down, the downward trend will continue to 1.3169 - 1.3164 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7149 USD to 0.7143 USD. This morning the currency pair is trading at 0.7148 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.717 - 0.7177 USD, the aim will be reaching and testing the zone 0.7207 - 0.7211 USD. If it is successful, the upward trend will continue to 0.7225 - 0.7232 USD. If Australian dollar drops below the support levels at 0.7122 - 0.7115 USD, it will try to find next support at 0.71 - 0.7097 USD. In case of breaking down, the downward trend will continue to 0.7067 - 0.706 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 105.96 JPY to 106.4830 JPY. This morning the currency pair is trading at 106.47 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 106.82 - 106.89 JPY, the aim will be reaching and testing the zone 107.16 - 107.19 JPY. If it is successful, the upward trend will continue to 107.63 - 107.7 JPY. If USD drops below the support levels at 106.08 - 106.01 JPY, it will try to find next support at 105.56 - 105.53 JPY. In case of breaking down, the downward trend will continue to 105.26 - 105.19 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3072 USD to 1.3047 USD. This morning the currency pair is trading at 1.3058 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3094 - 1.3107 USD, the aim will be reaching and testing the zone 1.316 - 1.3166 USD. If it is successful, the upward trend will continue to 1.3189 - 1.3201 USD. If GBP drops below the support levels at 1.3012 - 1.3 USD, it will try to find next support at 1.2977 - 1.2971 USD. In case of breaking down, the downward trend will continue to 1.2918 - 1.2906 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9155 CHF to 0.9167 CHF. This morning the currency pair is trading at 0.9167 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9195 - 0.9204 CHF, the aim will be reaching and testing the zone 0.9222 - 0.9227 CHF. If it is successful, the upward trend will continue to 0.9267 - 0.9276 CHF. If USD drops below the support levels at 0.9131 - 0.9122 CHF, it will try to find next support at 0.9082 - 0.9077 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 1.1737 USD to 1.1739 USD. This morning the currency pair is trading at 1.1743 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1782 - 1.179 USD, the aim will be reaching and testing the zone 1.1837 - 1.1841 USD. If it is successful, the trend will continue to 1.1867 - 1.1876 USD. If euro drops below the support levels at 1.1705 - 1.1697 USD, it will try to find next support at 1.1671 - 1.1667 USD. In case of breaking down, the downward trend will continue to 1.162 - 1.1611 USD.

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