Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12376.6 to 12343.7 points. This morning the index is traded at 12337.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12408.3 - 12417 points, the aim will be reaching and testing the zone 12486 - 12490.4. If it is successful, the upward trend will continue to 12537.5 - 12546.2 points. If the DAX drops below the support levels at 12287.8 - 12279.1, it will try to find next support at 12232 - 12227.6. In case of breaking down, the downward trend will continue to 12158.6 - 12149.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.21 USD to 15.10 USD. This morning it is trading at 15.09 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.2 - 15.23 USD, the aim will be reaching and testing the zone 15.35 - 15.37 USD. If it is successful, the upward trend will continue to 15.41 - 15.44 USD. If the precious metal drops below the support levels at 15.02 - 14.99 USD, it will try to find next support at 14.95 - 14.93 USD. In case of breaking down, the downward trend will continue to 14.81 - 14.78 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1418.61 USD to 1403.57 USD. This morning it is trading at 1404.47 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1416.72 - 1420.13 USD, the aim will be reaching and testing the zone 1434.98 - 1436.68 USD. If it is successful, the upward trend will continue to 1443.02 - 1446.43 USD. If the precious metal drops below the support levels at 1393.83 - 1390.42 USD, it will try to find next support at 1384.08 - 1382.38 USD. In case of breaking down, the downward trend will continue to 1367.53 - 1364.12 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 60.43 USD to 60.41 USD per barrel. This morning they are trading at 60.34 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.8 - 60.83 USD, the aim will be reaching and testing the zone 61.24 - 61.26 USD. If it is successful, the upward trend will continue to 61.58 - 61.61 USD. If the Crude Oil futures drop below the support levels at 60.05 - 60.02 USD, they will try to find next support at 59.7 - 59.68 USD. In case of breaking down, the downward trend will continue to 59.27 - 59.24 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3080 CAD to 1.3070 CAD. This morning the currency pair is trading at 1.3066 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3093 - 1.3095 CAD, the aim will be reaching and testing the zone 1.3117 - 1.3117 CAD. If it is successful, the upward trend will continue to 1.3143 - 1.3144 CAD. If USD drops below the support levels at 1.3045 - 1.3044 CAD, it will try to find next support at 1.3018 - 1.3017 CAD. In case of breaking down, the downward trend will continue to 1.2995 - 1.2994 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6954 USD to 0.6972 USD. This morning the currency pair is trading at 0.6972 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6989 - 0.699 USD, the aim will be reaching and testing the zone 0.7007 - 0.7007 USD. If it is successful, the upward trend will continue to 0.7026 - 0.7027 USD. If Australian dollar drops below the support levels at 0.6953 - 0.6952 USD, it will try to find next support at 0.6933 - 0.6933 USD. In case of breaking down, the downward trend will continue to 0.6916 - 0.6915 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.45 JPY to 108.4810 JPY. This morning the currency pair is trading at 108.46 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.72 - 108.82 JPY, the aim will be reaching and testing the zone 108.96 - 109.01 JPY. If it is successful, the upward trend will continue to 109.4 - 109.5 JPY. If USD drops below the support levels at 108.14 - 108.04 JPY, it will try to find next support at 107.65 - 107.6 JPY. In case of breaking down, the downward trend will continue to 107.46 - 107.36 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2502 USD to 1.2520 USD. This morning the currency pair is trading at 1.2527 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2559 - 1.2563 USD, the aim will be reaching and testing the zone 1.2604 - 1.2606 USD. If it is successful, the upward trend will continue to 1.2636 - 1.264 USD. If GBP drops below the support levels at 1.2485 - 1.2481 USD, it will try to find next support at 1.245 - 1.2448 USD. In case of breaking down, the downward trend will continue to 1.2407 - 1.2403 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9893 CHF to 0.9901 CHF. This morning the currency pair is trading at 0.9897 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9922 - 0.993 CHF, the aim will be reaching and testing the zone 0.9943 - 0.9947 CHF. If it is successful, the upward trend will continue to 0.9981 - 0.999 CHF. If USD drops below the support levels at 0.9871 - 0.9862 CHF, it will try to find next support at 0.9828 - 0.9823 CHF. In case of breaking down, the downward trend will continue to 0.9811 - 0.9802 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1251 USD to 1.1253 USD. This morning the currency pair is trading at 1.1256 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1273 - 1.1277 USD, the aim will be reaching and testing the zone 1.13 - 1.1302 USD. If it is successful, the trend will continue to 1.1314 - 1.1318 USD. If euro drops below the support levels at 1.1237 - 1.1233 USD, it will try to find next support at 1.122 - 1.1218 USD. In case of breaking down, the downward trend will continue to 1.1196 - 1.1192 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.