Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12966.3 to 12991.2 points. This morning the index is traded at 12986.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13027.9 - 13037.9 points, the aim will be reaching and testing the zone 13064.7 - 13069.6. If it is successful, the upward trend will continue to 13121.2 - 13131.2 points. If the DAX drops below the support levels at 12944.6 - 12934.6, it will try to find next support at 12883 - 12878.1. In case of breaking down, the downward trend will continue to 12851.3 - 12841.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 16.50 USD to 16.24 USD. This morning it is trading at 16.28 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.42 - 16.45 USD, the aim will be reaching and testing the zone 16.65 - 16.67 USD. If it is successful, the upward trend will continue to 16.77 - 16.8 USD. If the precious metal drops below the support levels at 16.11 - 16.07 USD, it will try to find next support at 15.97 - 15.95 USD. In case of breaking down, the downward trend will continue to 15.76 - 15.72 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1312.70 USD to 1290.36 USD. This morning it is trading at 1293.58 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1303.41 - 1307.17 USD, the aim will be reaching and testing the zone 1322.09 - 1323.97 USD. If it is successful, the upward trend will continue to 1329.5 - 1333.26 USD. If the precious metal drops below the support levels at 1281.08 - 1277.32 USD, it will try to find next support at 1271.79 - 1269.91 USD. In case of breaking down, the downward trend will continue to 1254.99 - 1251.23 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures lowered their value from 71.18 USD to 71.02 USD per barrel. This morning they are trading at 71.11 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 71.76 - 71.81 USD, the aim will be reaching and testing the zone 72.58 - 72.6 USD. If it is successful, the upward trend will continue to 73.24 - 73.29 USD. If the Crude Oil futures drop below the support levels at 70.33 - 70.28 USD, they will try to find next support at 69.64 - 69.62 USD. In case of breaking down, the downward trend will continue to 68.85 - 68.8 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2805 CAD to 1.2875 CAD. This morning the currency pair is trading at 1.2860 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2936 - 1.2942 CAD, the aim will be reaching and testing the zone 1.2996 - 1.2999 CAD. If it is successful, the upward trend will continue to 1.3068 - 1.3074 CAD. If USD drops below the support levels at 1.2809 - 1.2803 CAD, it will try to find next support at 1.2734 - 1.2731 CAD. In case of breaking down, the downward trend will continue to 1.2677 - 1.2671 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7522 USD to 0.7468 USD. This morning the currency pair is trading at 0.7472 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7513 - 0.7521 USD, the aim will be reaching and testing the zone 0.757 - 0.7574 USD. If it is successful, the upward trend will continue to 0.7603 - 0.7611 USD. If Australian dollar drops below the support levels at 0.7431 - 0.7423 USD, it will try to find next support at 0.7394 - 0.739 USD. In case of breaking down, the downward trend will continue to 0.7341 - 0.7333 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 109.64 JPY to 110.3410 JPY. This morning the currency pair is trading at 110.26 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.65 - 110.74 JPY, the aim will be reaching and testing the zone 110.95 - 111 JPY. If it is successful, the upward trend will continue to 111.45 - 111.55 JPY. If USD drops below the support levels at 109.94 - 109.84 JPY, it will try to find next support at 109.38 - 109.34 JPY. In case of breaking down, the downward trend will continue to 109.13 - 109.03 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3553 USD to 1.3502 USD. This morning the currency pair is trading at 1.3505 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3562 - 1.3565 USD, the aim will be reaching and testing the zone 1.3627 - 1.3628 USD. If it is successful, the upward trend will continue to 1.3683 - 1.3686 USD. If GBP drops below the support levels at 1.3445 - 1.3442 USD, it will try to find next support at 1.3388 - 1.3386 USD. In case of breaking down, the downward trend will continue to 1.3325 - 1.3322 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99826 - 1.00407 CHF. This morning the currency pair is trading at 1.0002 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0041 - 1.0041 CHF, the aim will be reaching and testing the zone 1.007 - 1.007 CHF. If it is successful, the upward trend will continue to 1.0099 - 1.0099 CHF. If USD drops below the support levels at 0.9983 - 0.9983 CHF, it will try to find next support at 0.9954 - 0.9954 CHF. In case of breaking down, the downward trend will continue to 0.9925 - 0.9925 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1926 USD to 1.1837 USD. This morning the currency pair is trading at 1.1833 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1896 - 1.191 USD, the aim will be reaching and testing the zone 1.1976 - 1.1983 USD. If it is successful, the trend will continue to 1.2014 - 1.2028 USD. If euro drops below the support levels at 1.1792 - 1.1778 USD, it will try to find next support at 1.1747 - 1.174 USD. In case of breaking down, the downward trend will continue to 1.1674 - 1.166 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.