Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12450.6 to 12374.8 points. This morning the index is traded at 12385.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12434 - 12446.6 points, the aim will be reaching and testing the zone 12512 - 12518.3. If it is successful, the upward trend will continue to 12552.3 - 12564.9 points. If the DAX drops below the support levels at 12328.3 - 12315.7, it will try to find next support at 12281.7 - 12275.4. In case of breaking down, the downward trend will continue to 12210 - 12197.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.08 USD to 15.19 USD. This morning it is trading at 15.24 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.3 - 15.32 USD, the aim will be reaching and testing the zone 15.41 - 15.42 USD. If it is successful, the upward trend will continue to 15.55 - 15.57 USD. If the precious metal drops below the support levels at 15.07 - 15.05 USD, it will try to find next support at 14.92 - 14.91 USD. In case of breaking down, the downward trend will continue to 14.82 - 14.8 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1397.52 USD to 1418.30 USD. This morning it is trading at 1420.13 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1428.1 - 1432.78 USD, the aim will be reaching and testing the zone 1437.9 - 1440.24 USD. If it is successful, the upward trend will continue to 1457.06 - 1461.74 USD. If the precious metal drops below the support levels at 1403.82 - 1399.14 USD, it will try to find next support at 1382.32 - 1379.98 USD. In case of breaking down, the downward trend will continue to 1374.86 - 1370.18 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures raised their value from 58.37 USD to 60.25 USD per barrel. This morning they are trading at 60.41 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 61.05 - 61.33 USD, the aim will be reaching and testing the zone 61.86 - 62 USD. If it is successful, the upward trend will continue to 63.22 - 63.49 USD. If the Crude Oil futures drop below the support levels at 59.16 - 58.89 USD, they will try to find next support at 57.67 - 57.53 USD. In case of breaking down, the downward trend will continue to 57 - 56.72 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3125 CAD to 1.3080 CAD. This morning the currency pair is trading at 1.3074 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.312 - 1.3128 CAD, the aim will be reaching and testing the zone 1.3172 - 1.3176 CAD. If it is successful, the upward trend will continue to 1.3202 - 1.321 CAD. If USD drops below the support levels at 1.3046 - 1.3039 CAD, it will try to find next support at 1.3013 - 1.3009 CAD. In case of breaking down, the downward trend will continue to 1.2964 - 1.2957 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6926 USD to 0.6957 USD. This morning the currency pair is trading at 0.6963 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.698 - 0.6986 USD, the aim will be reaching and testing the zone 0.7004 - 0.7007 USD. If it is successful, the upward trend will continue to 0.7039 - 0.7045 USD. If Australian dollar drops below the support levels at 0.6927 - 0.6921 USD, it will try to find next support at 0.6889 - 0.6886 USD. In case of breaking down, the downward trend will continue to 0.6868 - 0.6862 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 108.85 JPY to 108.4520 JPY. This morning the currency pair is trading at 108.34 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.78 - 108.84 JPY, the aim will be reaching and testing the zone 109.2 - 109.24 JPY. If it is successful, the upward trend will continue to 109.42 - 109.49 JPY. If USD drops below the support levels at 108.2 - 108.13 JPY, it will try to find next support at 107.94 - 107.91 JPY. In case of breaking down, the downward trend will continue to 107.55 - 107.48 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2458 USD to 1.2499 USD. This morning the currency pair is trading at 1.2509 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2532 - 1.2538 USD, the aim will be reaching and testing the zone 1.2565 - 1.2568 USD. If it is successful, the upward trend will continue to 1.2609 - 1.2615 USD. If GBP drops below the support levels at 1.2461 - 1.2455 USD, it will try to find next support at 1.2413 - 1.2411 USD. In case of breaking down, the downward trend will continue to 1.2384 - 1.2378 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9935 CHF to 0.9894 CHF. This morning the currency pair is trading at 0.9883 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9921 - 0.9927 CHF, the aim will be reaching and testing the zone 0.9957 - 0.9961 CHF. If it is successful, the upward trend will continue to 0.9974 - 0.9981 CHF. If USD drops below the support levels at 0.9873 - 0.9867 CHF, it will try to find next support at 0.9853 - 0.985 CHF. In case of breaking down, the downward trend will continue to 0.9819 - 0.9813 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1207 USD to 1.1250 USD. This morning the currency pair is trading at 1.1258 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1275 - 1.1281 USD, the aim will be reaching and testing the zone 1.1301 - 1.1304 USD. If it is successful, the trend will continue to 1.1338 - 1.1344 USD. If euro drops below the support levels at 1.1219 - 1.1213 USD, it will try to find next support at 1.1179 - 1.1176 USD. In case of breaking down, the downward trend will continue to 1.1156 - 1.115 USD.

This information is not to be interpreted as an investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 takes no responsibility and is not to be held accountable 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 their own risk. Please be advised that trading CFDs involves a significant risk of loss.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning
Icons/ic_arrow_downCreated with Sketch.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.