Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13011.8 to 13104.6 points. This morning the index is traded at 13121.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13160.5 - 13179.6 points, the aim will be reaching and testing the zone 13216.3 - 13225.9. If it is successful, the upward trend will continue to 13310.5 - 13329.6 points. If the DAX drops below the support levels at 13029.6 - 13010.5, it will try to find next support at 12925.9 - 12916.3. In case of breaking down, the downward trend will continue to 12879.6 - 12860.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.35 USD to 16.41 USD. This morning it is trading at 16.40 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.49 - 16.51 USD, the aim will be reaching and testing the zone 16.56 - 16.57 USD. If it is successful, the upward trend will continue to 16.65 - 16.66 USD. If the precious metal drops below the support levels at 16.33 - 16.31 USD, it will try to find next support at 16.24 - 16.22 USD. In case of breaking down, the downward trend will continue to 16.17 - 16.16 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1290.15 USD to 1290.43 USD. This morning it is trading at 1288.43 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1294.74 - 1295.01 USD, the aim will be reaching and testing the zone 1299.06 - 1299.19 USD. If it is successful, the upward trend will continue to 1303.91 - 1304.17 USD. If the precious metal drops below the support levels at 1285.85 - 1285.58 USD, it will try to find next support at 1280.87 - 1280.74 USD. In case of breaking down, the downward trend will continue to 1276.69 - 1276.42 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures raised their value from 71.59 USD to 71.66 USD per barrel. This morning they are trading at 71.65 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 72.22 - 72.26 USD, the aim will be reaching and testing the zone 72.84 - 72.86 USD. If it is successful, the upward trend will continue to 73.35 - 73.39 USD. If the Crude Oil futures drop below the support levels at 71.13 - 71.11 USD, they will try to find next support at 70.61 - 70.59 USD. In case of breaking down, the downward trend will continue to 70.01 - 69.97 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2788 CAD to 1.2803 CAD. This morning the currency pair is trading at 1.2822 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2833 - 1.2841 CAD, the aim will be reaching and testing the zone 1.2864 - 1.2867 CAD. If it is successful, the upward trend will continue to 1.2906 - 1.2912 CAD. If USD drops below the support levels at 1.2767 - 1.2761 CAD, it will try to find next support at 1.2722 - 1.2719 CAD. In case of breaking down, the downward trend will continue to 1.2695 - 1.2689 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7515 USD to 0.7508 USD. This morning the currency pair is trading at 0.7514 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7532 - 0.7537 USD, the aim will be reaching and testing the zone 0.7565 - 0.7567 USD. If it is successful, the upward trend will continue to 0.7582 - 0.7587 USD. If Australian dollar drops below the support levels at 0.7487 - 0.7483 USD, it will try to find next support at 0.7467 - 0.7465 USD. In case of breaking down, the downward trend will continue to 0.7438 - 0.7433 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.39 JPY to 110.75 JPY. This morning the currency pair is trading at 110.92 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.05 - 111.15 JPY, the aim will be reaching and testing the zone 111.34 - 111.39 JPY. If it is successful, the upward trend will continue to 111.83 - 111.93 JPY. If USD drops below the support levels at 110.36 - 110.26 JPY, it will try to find next support at 109.82 - 109.77 JPY. In case of breaking down, the downward trend will continue to 109.58 - 109.48 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3483 USD to 1.3512 USD. This morning the currency pair is trading at 1.3508 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3560 - 1.3562 USD, the aim will be reaching and testing the zone 1.3611 - 1.3613 USD. If it is successful, the upward trend will continue to 1.3654 - 1.3657 USD. If GBP drops below the support levels at 1.3468 - 1.3465 USD, it will try to find next support at 1.3424 - 1.3422 USD. In case of breaking down, the downward trend will continue to 1.3374 - 1.3371 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99858 - 1.00326 CHF. This morning the currency pair is trading at 1.0007 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0034 - 1.0035 CHF, the aim will be reaching and testing the zone 1.0057 - 1.0059 CHF. If it is successful, the upward trend will continue to 1.0081 - 1.0082 CHF. If USD drops below the support levels at 0.9988 - 0.9987 CHF, it will try to find next support at 0.9964 - 0.9963 CHF. In case of breaking down, the downward trend will continue to 0.9942 - 0.9941 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1806 USD to 1.1792 USD. This morning the currency pair is trading at 1.1805 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1822 - 1.1827 USD, the aim will be reaching and testing the zone 1.1861 - 1.1862 USD. If it is successful, the trend will continue to 1.1883 - 1.1888 USD. If euro drops below the support levels at 1.1766 - 1.1762 USD, it will try to find next support at 1.1741 - 1.1738 USD. In case of breaking down, the downward trend will continue to 1.1706 - 1.1701 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 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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Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.
Risk warning
Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.