chat icon

Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12479.2 to 12430.2 points. This morning the index is traded at 12442.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12459.6 - 12468.4 points, the aim will be reaching and testing the zone 12502.3 - 12506.7. If it is successful, the upward trend will continue to 12518.4 - 12527.2 points. If the DAX drops below the support levels at 12409.6 - 12400.8, it will try to find next support at 12389.1 - 12384.7. In case of breaking down, the downward trend will continue to 12350.8 - 12342.0 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.58 USD to 17.48 USD. This morning it is trading at 17.46 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.65 - 17.65 USD, the aim will be reaching and testing the zone 17.81 - 17.81 USD. If it is successful, the upward trend will continue to 17.98 - 17.98 USD. If the precious metal drops below the support levels at 17.32 - 17.31 USD, it will try to find next support at 17.15 - 17.15 USD. In case of breaking down, the downward trend will continue to 16.99 - 16.98 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1264.02 USD to 1268.78 USD. This morning it is trading at 1266.39 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1272.97 - 1274.19 USD, the aim will be reaching and testing the zone 1277.17 - 1277.77 USD. If it is successful, the upward trend will continue to 1283.78 - 1285.00 USD. If the precious metal drops below the support levels at 1263.38 - 1262.16 USD, it will try to find next support at 1256.15 - 1255.55 USD. In case of breaking down, the downward trend will continue to 1252.57 - 1251.35 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures lowered their value from 49.32 USD to 49.18 USD per barrel. This morning they are trading at 49.37 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 49.80 - 49.93 USD, the aim will be reaching and testing the zone 50.61 - 50.67 USD. If it is successful, the upward trend will continue to 51.05 - 51.17 USD. If the Crude Oil futures drop below the support levels at 48.68 - 48.56 USD, they will try to find next support at 48.18 - 48.12 USD. In case of breaking down, the downward trend will continue to 47.43 - 47.31 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3570 CAD to 1.3616 CAD. This morning the currency pair is trading at 1.3541 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3644 - 1.3656 CAD, the aim will be reaching and testing the zone 1.3673 - 1.3678 CAD. If it is successful, the upward trend will continue to 1.3724 - 1.3736 CAD. If USD drops below the support levels at 1.3576 - 1.3565 CAD, it will try to find next support at 1.3519 - 1.3513 CAD. In case of breaking down, the downward trend will continue to 1.3496 - 1.3485 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7535 USD to 0.7472 USD. This morning the currency pair is trading at 0.7487 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7522 - 0.7533 USD, the aim will be reaching and testing the zone 0.7589 - 0.7594 USD. If it is successful, the upward trend will continue to 0.7522 - 0.7533 USD. If Australian dollar drops below the support levels at 0.7432 - 0.7422 USD, it will try to find next support at 0.7393 - 0.7388 USD. In case of breaking down, the downward trend will continue to 0.7332 - 0.7321 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.07 JPY to 111.0500 JPY. This morning the currency pair is trading at 111.25 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.50 - 111.59 JPY, the aim will be reaching and testing the zone 112.09 - 112.13 JPY. If it is successful, the upward trend will continue to 112.40 - 112.49 JPY. If USD drops below the support levels at 110.69 - 110.60 JPY, it will try to find next support at 110.33 - 110.28 JPY. In case of breaking down, the downward trend will continue to 109.79 - 109.70 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2838 USD to 1.2847 USD. This morning the currency pair is trading at 1.2871 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2872 - 1.2876 USD, the aim will be reaching and testing the zone 1.2896 - 1.2898 USD. If it is successful, the upward trend will continue to 1.2930 - 1.2934 USD. If GBP drops below the support levels at 1.2818 - 1.2814 USD, it will try to find next support at 1.2782 - 1.2780 USD. In case of breaking down, the downward trend will continue to 1.2760 - 1.2755 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9936 CHF to 0.9930 CHF. This morning the currency pair is trading at 0.9934 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9955 - 0.9959 CHF, the aim will be reaching and testing the zone 0.9986 - 0.9988 CHF. If it is successful, the upward trend will continue to 1.0004 - 1.0008 CHF. If USD drops below the support levels at 0.9910 - 0.9905 CHF, it will try to find next support at 0.9890 - 0.9887 CHF. In case of breaking down, the downward trend will continue to 0.9860- 0.9856 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.0925 USD to 1.0903 USD. This morning the currency pair is trading at 1.0902 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0951 - 1.0953 USD, the aim will be reaching and testing the zone 1.0998 - 1.0999 USD. If it is successful, the trend will continue to 1.1046 - 1.1048 USD. If euro drops below the support levels at 1.0855 - 1.0852 USD, it will try to find next support at 1.0808 - 1.0805 USD. In case of breaking down, the downward trend will continue to 1.0763 - 1.0760 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.

Risk warning