Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12791.8 to 12764.3 points. This morning the index is traded at 12777.1. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12810.9 - 12813.7 points, the aim will be reaching and testing the zone 12857.6 - 12859.0. If it is successful, the upward trend will continue to 12909.7 - 12912.5 points. If the DAX drops below the support levels at 12714.9 - 12712.1, it will try to find next support at 12661.4 - 12660.0. In case of breaking down, the downward trend will continue to 12616.1 - 12613.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.45 USD to 16.45 USD. This morning it is trading at 16.66 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.53 - 16.54 USD, the aim will be reaching and testing the zone 16.61 - 16.62 USD. If it is successful, the upward trend will continue to 16.71 - 16.71 USD. If the precious metal drops below the support levels at 16.36 - 16.36 USD, it will try to find next support at 16.27 - 16.26 USD. In case of breaking down, the downward trend will continue to 16.19 - 16.18 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1242.95 USD to 1246.20 USD. This morning it is trading at 1253.69 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1249.08 - 1249.75 USD, the aim will be reaching and testing the zone 1251.96 - 1252.29 USD. If it is successful, the upward trend will continue to 1256.17 - 1256.84 USD. If the precious metal drops below the support levels at 1242.66 - 1241.99 USD, it will try to find next support at 1238.11 - 1237.78 USD. In case of breaking down, the downward trend will continue to 1235.57 - 1234.90 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 43.35 USD to 42.50 USD per barrel. This morning they are trading at 42.46 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 43.56 - 43.75 USD, the aim will be reaching and testing the zone 44.91 - 45.01 USD. If it is successful, the upward trend will continue to 45.67 - 45.87 USD. If the Crude Oil futures drop below the support levels at 41.64 - 41.44 USD, they will try to find next support at 40.78 - 40.68 USD. In case of breaking down, the downward trend will continue to 39.53 - 39.33 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3262 CAD to 1.3333 CAD. This morning the currency pair is trading at 1.3318 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3366 - 1.3375 CAD, the aim will be reaching and testing the zone 1.3399 - 1.3403 CAD. If it is successful, the upward trend will continue to 1.3451 - 1.3460 CAD. If USD drops below the support levels at 1.3290 - 1.3280 CAD, it will try to find next support at 1.3233 - 1.3228 CAD. In case of breaking down, the downward trend will continue to 1.3205 - 1.3195 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7579 USD to 0.7551 USD. This morning the currency pair is trading at 0.7559 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7573 - 0.7577 USD, the aim will be reaching and testing the zone 0.7601 - 0.7603 USD. If it is successful, the upward trend will continue to 0.7573 - 0.7577 USD. If Australian dollar drops below the support levels at 0.7534 - 0.7530 USD, it will try to find next support at 0.7516 - 0.7514 USD. In case of breaking down, the downward trend will continue to 0.749 - 0.7486 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.42 JPY to 111.3730 JPY. This morning the currency pair is trading at 111.02 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.71 - 111.72 JPY, the aim will be reaching and testing the zone 112.06 - 112.06 JPY. If it is successful, the upward trend will continue to 112.38 - 112.39 JPY. If USD drops below the support levels at 111.05 - 111.04 JPY, it will try to find next support at 110.72 - 110.71 JPY. In case of breaking down, the downward trend will continue to 110.37 - 110.37 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2623 USD to 1.2670 USD. This morning the currency pair is trading at 1.2672 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2723 - 1.2730 USD, the aim will be reaching and testing the zone 1.2777 - 1.2780 USD. If it is successful, the upward trend will continue to 1.2844 - 1.2851 USD. If GBP drops below the support levels at 1.2609 - 1.2602 USD, it will try to find next support at 1.2539 - 1.2535 USD. In case of breaking down, the downward trend will continue to 1.2489 - 1.2482 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9747 CHF to 0.9722 CHF. This morning the currency pair is trading at 0.9716 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9737 - 0.9742 CHF, the aim will be reaching and testing the zone 0.9761 - 0.9763 CHF. If it is successful, the upward trend will continue to 0.9768 - 0.9774 CHF. If USD drops below the support levels at 0.9711 - 0.9706 CHF, it will try to find next support at 0.9701 - 0.9698 CHF. In case of breaking down, the downward trend will continue to 0.9680 - 0.9675 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1133 USD to 1.1167 USD. This morning the currency pair is trading at 1.1177 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1182 - 1.1188 USD, the aim will be reaching and testing the zone 1.1196 - 1.1199 USD. If it is successful, the trend will continue to 1.1223 - 1.1230 USD. If euro drops below the support levels at 1.1147 - 1.1140 USD, it will try to find next support at 1.1116 - 1.1113 USD. In case of breaking down, the downward trend will continue to 1.1105 - 1.1098 USD.

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