Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12082.6 to 12514.2 points. This morning the index is traded at 12501.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12694.8 - 12762.5 points, the aim will be reaching and testing the zone 12875.3 - 12909.2. If it is successful, the upward trend will continue to 13191.3 - 13259 points. If the DAX drops below the support levels at 12266 - 12198.3, it will try to find next support at 11916.2 - 11882.3. In case of breaking down, the downward trend will continue to 11769.5 - 11701.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.03 USD to 17.63 USD. This morning it is trading at 17.59 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.93 - 17.97 USD, the aim will be reaching and testing the zone 18.3 - 18.32 USD. If it is successful, the upward trend will continue to 18.55 - 18.59 USD. If the precious metal drops below the support levels at 17.36 - 17.32 USD, it will try to find next support at 17.09 - 17.07 USD. In case of breaking down, the downward trend will continue to 16.75 - 16.71 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1725.00 USD to 1697.51 USD. This morning it is trading at 1696.48 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1718.96 - 1722.66 USD, the aim will be reaching and testing the zone 1745.96 - 1747.8 USD. If it is successful, the upward trend will continue to 1761.86 - 1765.56 USD. If the precious metal drops below the support levels at 1679.76 - 1676.06 USD, it will try to find next support at 1662 - 1660.16 USD. In case of breaking down, the downward trend will continue to 1636.86 - 1633.16 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures lowered their value from 36.86 USD to 36.72 USD per barrel. This morning they are trading at 36.66 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 37.86 - 37.96 USD, the aim will be reaching and testing the zone 39.15 - 39.2 USD. If it is successful, the upward trend will continue to 40.15 - 40.25 USD. If the Crude Oil futures drop below the support levels at 35.67 - 35.58 USD, they will try to find next support at 34.63 - 34.58 USD. In case of breaking down, the downward trend will continue to 33.39 - 33.29 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3518 CAD to 1.3495 CAD. This morning the currency pair is trading at 1.3503 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3541 - 1.3551 CAD, the aim will be reaching and testing the zone 1.3603 - 1.3608 CAD. If it is successful, the upward trend will continue to 1.3633 - 1.3644 CAD. If USD drops below the support levels at 1.3459 - 1.3449 CAD, it will try to find next support at 1.3423 - 1.3418 CAD. In case of breaking down, the downward trend will continue to 1.3366 - 1.3356 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6896 USD to 0.6920 USD. This morning the currency pair is trading at 0.6924 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6983 - 0.6983 USD, the aim will be reaching and testing the zone 0.7046 - 0.7046 USD. If it is successful, the upward trend will continue to 0.711 - 0.711 USD. If Australian dollar drops below the support levels at 0.6856 - 0.6856 USD, it will try to find next support at 0.6793 - 0.6793 USD. In case of breaking down, the downward trend will continue to 0.6729 - 0.6729 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.67 JPY to 108.9010 JPY. This morning the currency pair is trading at 108.97 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.12 - 109.18 JPY, the aim will be reaching and testing the zone 109.33 - 109.36 JPY. If it is successful, the upward trend will continue to 109.68 - 109.75 JPY. If USD drops below the support levels at 108.62 - 108.55 JPY, it will try to find next support at 108.24 - 108.2 JPY. In case of breaking down, the downward trend will continue to 108.06 - 107.99 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2548 USD to 1.2572 USD. This morning the currency pair is trading at 1.2573 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2609 - 1.2611 USD, the aim will be reaching and testing the zone 1.2649 - 1.265 USD. If it is successful, the upward trend will continue to 1.2683 - 1.2685 USD. If GBP drops below the support levels at 1.2537 - 1.2536 USD, it will try to find next support at 1.2503 - 1.2502 USD. In case of breaking down, the downward trend will continue to 1.2464 - 1.2462 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9623 CHF to 0.9611 CHF. This morning the currency pair is trading at 0.9613 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9632 - 0.9637 CHF, the aim will be reaching and testing the zone 0.9661 - 0.9663 CHF. If it is successful, the upward trend will continue to 0.9674 - 0.9679 CHF. If USD drops below the support levels at 0.9596 - 0.959 CHF, it will try to find next support at 0.958 - 0.9577 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 1.1167 USD to 1.1233 USD. This morning the currency pair is trading at 1.1231 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1274 - 1.1283 USD, the aim will be reaching and testing the zone 1.1316 - 1.132 USD. If it is successful, the trend will continue to 1.1374 - 1.1382 USD. If euro drops below the support levels at 1.1183 - 1.1175 USD, it will try to find next support at 1.1121 - 1.1117 USD. In case of breaking down, the downward trend will continue to 1.1084 - 1.1075 USD.

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