Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12984.5 to 13017.1 points. This morning the index is traded at 13009.3. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13046.4 - 13054.1 points, the aim will be reaching and testing the zone 13075.7 - 13079.5. If it is successful, the upward trend will continue to 13120.3 - 13128.1 points. If the DAX drops below the support levels at 12980.2 - 12972.5, it will try to find next support at 12931.7 - 12927.9. In case of breaking down, the downward trend will continue to 12906.3 - 12898.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.24 USD to 16.36 USD. This morning it is trading at 16.37 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.45 - 16.47 USD, the aim will be reaching and testing the zone 16.55 - 16.56 USD. If it is successful, the upward trend will continue to 16.69 - 16.71 USD. If the precious metal drops below the support levels at 16.24 - 16.22 USD, it will try to find next support at 16.09 - 16.08 USD. In case of breaking down, the downward trend will continue to 16.03 - 15.98 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1289.66 USD to 1290.42 USD. This morning it is trading at 1291.87 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1295.68 - 1296.05 USD, the aim will be reaching and testing the zone 1301.51 - 1301.68 USD. If it is successful, the upward trend will continue to 1306.21 - 1306.57 USD. If the precious metal drops below the support levels at 1285.53 - 1285.16 USD, it will try to find next support at 1280.64 - 1280.46 USD. In case of breaking down, the downward trend will continue to 1275.01 - 1274.64 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures raised their value from 71.06 USD to 71.59 USD per barrel. This morning they are trading at 71.74 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 71.91 - 72.05 USD, the aim will be reaching and testing the zone 72.24 - 72.31 USD. If it is successful, the upward trend will continue to 72.83 - 72.97 USD. If the Crude Oil futures drop below the support levels at 71.13 - 71.02 USD, they will try to find next support at 70.47 - 70.41 USD. In case of breaking down, the downward trend will continue to 70.22 - 70.08 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.2873 CAD to 1.2788 CAD. This morning the currency pair is trading at 1.2764 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2838 - 1.2851 CAD, the aim will be reaching and testing the zone 1.2906 - 1.2912 CAD. If it is successful, the upward trend will continue to 1.2936 - 1.2949 CAD. If USD drops below the support levels at 1.2752 - 1.2739 CAD, it will try to find next support at 1.2715 - 1.2709 CAD. In case of breaking down, the downward trend will continue to 1.2653 - 1.2641 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7467 USD to 0.7514 USD. This morning the currency pair is trading at 0.7536 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7542 - 0.7552 USD, the aim will be reaching and testing the zone 0.7570 - 0.7575 USD. If it is successful, the upward trend will continue to 0.7618 - 0.7628 USD. If Australian dollar drops below the support levels at 0.7476 - 0.7466 USD, it will try to find next support at 0.7423 - 0.7418 USD. In case of breaking down, the downward trend will continue to 0.7401 - 0.7391 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.34 JPY to 110.38 JPY. This morning the currency pair is trading at 110.28 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.51 - 110.57 JPY, the aim will be reaching and testing the zone 110.64 - 110.67 JPY. If it is successful, the upward trend will continue to 110.88 - 110.94 JPY. If USD drops below the support levels at 110.21 - 110.14 JPY, it will try to find next support at 109.93 - 109.90 JPY. In case of breaking down, the downward trend will continue to 109.83 - 109.77 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3501 USD to 1.3485 USD. This morning the currency pair is trading at 1.3548 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3517 - 1.3518 USD, the aim will be reaching and testing the zone 1.3551 - 1.3552 USD. If it is successful, the upward trend will continue to 1.3582 - 1.3583 USD. If GBP drops below the support levels at 1.3453 - 1.3452 USD, it will try to find next support at 1.3422 - 1.3421 USD. In case of breaking down, the downward trend will continue to 1.3388 - 1.3387 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99838 - 1.00183 CHF. This morning the currency pair is trading at 0.9997 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0025 - 1.0029 CHF, the aim will be reaching and testing the zone 1.0039 - 1.0041 CHF. If it is successful, the upward trend will continue to 1.0060 - 1.0063 CHF. If USD drops below the support levels at 0.9994 - 0.9991 CHF, it will try to find next support at 0.9972 - 0.9970 CHF. In case of breaking down, the downward trend will continue to 0.9960 - 0.9956 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1837 USD to 1.1807 USD. This morning the currency pair is trading at 1.1823 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1852 - 1.1853 USD, the aim will be reaching and testing the zone 1.1898 - 1.1899 USD. If it is successful, the trend will continue to 1.1943 - 1.1945 USD. If euro drops below the support levels at 1.1762 - 1.1760 USD, it will try to find next support at 1.1717 - 1.1715 USD. In case of breaking down, the downward trend will continue to 1.1671 - 1.1670 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.