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Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11869.6 to 11930.0 points. This morning the index is traded at 11918.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11968.9 - 11979.5 points, the aim will be reaching and testing the zone 12007.9 - 12013.2. If it is successful, the upward trend will continue to 12067.9 - 12078.5 points. If the DAX drops below the support levels at 11880.5 - 11869.9, it will try to find next support at 11815.2 - 11809.9. In case of breaking down, the downward trend will continue to 11781.5 - 11770.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.53 USD to 17.53 USD. This morning it is trading at 17.53 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.59 - 17.60 USD, the aim will be reaching and testing the zone 17.65 - 17.66 USD. If it is successful, the upward trend will continue to 17.73 - 17.74 USD. If the precious metal drops below the support levels at 17.45 - 17.45 USD, it will try to find next support at 17.37 - 17.37 USD. In case of breaking down, the downward trend will continue to 17.31 - 17.31 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1243.97 USD to 1248.47 USD. This morning it is trading at 1246.91 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1251.90 - 1252.24 USD, the aim will be reaching and testing the zone 1255.32 - 1255.49 USD. If it is successful, the upward trend will continue to 1259.43 - 1259.77 USD. If the precious metal drops below the support levels at 1244.71 - 1244.37 USD, it will try to find next support at 1240.43 - 1240.26 USD. In case of breaking down, the downward trend will continue to 1237.18 - 1236.84 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the May Crude Oil futures raised their value from 48.11 USD to 48.13 USD per barrel. This morning they are trading at 48.31 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 48.60 - 48.75 USD, the aim will be reaching and testing the zone 49.06 - 49.14 USD. If it is successful, the upward trend will continue to 49.83 - 49.99 USD. If the Crude Oil futures drop below the support levels at 47.51 - 47.36 USD, they will try to find next support at 46.67 - 46.59 USD. In case of breaking down, the downward trend will continue to 46.28 - 46.12 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3353 CAD to 1.3332 CAD. This morning the currency pair is trading at 1.3325 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3377 - 1.3387 CAD, the aim will be reaching and testing the zone 1.3437 - 1.3442 CAD. If it is successful, the upward trend will continue to 1.3466 - 1.3476 CAD. If USD drops below the support levels at 1.3298 - 1.3288 CAD, it will try to find next support at 1.3264 - 1.3259 CAD. In case of breaking down, the downward trend will continue to 1.3209 - 1.3199 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7686 USD to 0.7675 USD. This morning the currency pair is trading at 0.7658 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7696 - 0.7700 USD, the aim will be reaching and testing the zone 0.7718 - 0.7720 USD. If it is successful, the upward trend will continue to 0.7696 - 0.7700 USD. If Australian dollar drops below the support levels at 0.7649 - 0.7646 USD, it will try to find next support at 0.7619 - 0.7617 USD. In case of breaking down, the downward trend will continue to 0.7599 - 0.7595 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.77 JPY to 111.26 JPY. This morning the currency pair is trading at 111.22 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.79 - 111.79 JPY, the aim will be reaching and testing the zone 112.32 - 112.32 JPY. If it is successful, the upward trend will continue to 112.85 - 112.85 JPY. If USD drops below the support levels at 110.73 - 110.73 JPY, it will try to find next support at 110.20 - 110.20 JPY. In case of breaking down, the downward trend will continue to 109.67 - 109.67 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound was in a range 1.24222 - 1.25059 USD. This morning the currency pair is trading at 1.2506 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2514 - 1.2517 USD, the aim will be reaching and testing the zone 1.2552 - 1.2554 USD. If it is successful, the upward trend will continue to 1.2597 - 1.2601 USD. If GBP drops below the support levels at 1.2434 - 1.2430 USD, it will try to find next support at 1.2386 - 1.2384 USD. In case of breaking down, the downward trend will continue to 1.2350 - 1.2346 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9940 CHF to 0.9916 CHF. This morning the currency pair is trading at 0.9919 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9947 - 0.9948 CHF, the aim will be reaching and testing the zone 0.9978 - 0.9979 CHF. If it is successful, the upward trend will continue to 1.0011 - 1.0013 CHF. If USD drops below the support levels at 0.9884 - 0.9883 CHF, it will try to find next support at 0.9850 - 0.9850 CHF. In case of breaking down, the downward trend will continue to 0.9820 - 0.9819 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.0806 USD to 1.0792 USD. This morning the currency pair is trading at 1.0797 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0816 - 1.0819 USD, the aim will be reaching and testing the zone 1.0845 - 1.0846 USD. If it is successful, the trend will continue to 1.0865 - 1.0868 USD. If euro drops below the support levels at 1.0770 - 1.0767 USD, it will try to find next support at 1.0748 - 1.0747 USD. In case of breaking down, the downward trend will continue to 1.0721 - 1.0719 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.

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