Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12274.3 to 12549.7 points. This morning the index is traded at 12549.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12723.3 - 12763.4 points, the aim will be reaching and testing the zone 12897 - 12917. If it is successful, the upward trend will continue to 13150.7 - 13190.8 points. If the DAX drops below the support levels at 12336 - 12295.9, it will try to find next support at 12062.2 - 12042.2. In case of breaking down, the downward trend will continue to 11908.6 - 11868.5 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.95 USD to 17.89 USD. This morning it is trading at 17.90 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.07 - 18.07 USD, the aim will be reaching and testing the zone 18.25 - 18.25 USD. If it is successful, the upward trend will continue to 18.43 - 18.43 USD. If the precious metal drops below the support levels at 17.71 - 17.71 USD, it will try to find next support at 17.53 - 17.53 USD. In case of breaking down, the downward trend will continue to 17.35 - 17.35 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1767.99 USD to 1774.72 USD. This morning it is trading at 1775.62 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1783.59 - 1785.76 USD, the aim will be reaching and testing the zone 1792.46 - 1793.54 USD. If it is successful, the upward trend will continue to 1805.66 - 1807.83 USD. If the precious metal drops below the support levels at 1763.69 - 1761.52 USD, it will try to find next support at 1749.4 - 1748.32 USD. In case of breaking down, the downward trend will continue to 1741.62 - 1739.45 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures raised their value from 39.75 USD to 40.27 USD per barrel. This morning they are trading at 40.31 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.84 - 40.9 USD, the aim will be reaching and testing the zone 41.41 - 41.44 USD. If it is successful, the upward trend will continue to 42.11 - 42.17 USD. If the Crude Oil futures drop below the support levels at 39.63 - 39.57 USD, they will try to find next support at 38.91 - 38.87 USD. In case of breaking down, the downward trend will continue to 38.36 - 38.3 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3586 CAD to 1.3563 CAD. This morning the currency pair is trading at 1.3563 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3596 - 1.3605 CAD, the aim will be reaching and testing the zone 1.3642 - 1.3647 CAD. If it is successful, the upward trend will continue to 1.366 - 1.367 CAD. If USD drops below the support levels at 1.3541 - 1.3531 CAD, it will try to find next support at 1.3518 - 1.3513 CAD. In case of breaking down, the downward trend will continue to 1.3476 - 1.3467 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6914 USD to 0.6919 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 0.6944 - 0.6947 USD, the aim will be reaching and testing the zone 0.6974 - 0.6975 USD. If it is successful, the upward trend will continue to 0.6996 - 0.6998 USD. If Australian dollar drops below the support levels at 0.6896 - 0.6893 USD, it will try to find next support at 0.6873 - 0.6871 USD. In case of breaking down, the downward trend will continue to 0.6845 - 0.6842 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 107.46 JPY to 107.4950 JPY. This morning the currency pair is trading at 107.52 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.69 - 107.7 JPY, the aim will be reaching and testing the zone 107.91 - 107.91 JPY. If it is successful, the upward trend will continue to 108.09 - 108.1 JPY. If USD drops below the support levels at 107.31 - 107.3 JPY, it will try to find next support at 107.12 - 107.11 JPY. In case of breaking down, the downward trend will continue to 106.91 - 106.9 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2473 USD to 1.2467 USD. This morning the currency pair is trading at 1.2469 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2504 - 1.2512 USD, the aim will be reaching and testing the zone 1.2553 - 1.2558 USD. If it is successful, the upward trend will continue to 1.2578 - 1.2586 USD. If GBP drops below the support levels at 1.2438 - 1.243 USD, it will try to find next support at 1.241 - 1.2406 USD. In case of breaking down, the downward trend will continue to 1.2365 - 1.2356 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9458 CHF to 0.9453 CHF. This morning the currency pair is trading at 0.9454 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.947 - 0.9472 CHF, the aim will be reaching and testing the zone 0.9486 - 0.9488 CHF. If it is successful, the upward trend will continue to 0.9508 - 0.9511 CHF. If USD drops below the support levels at 0.9433 - 0.9431 CHF, it will try to find next support at 0.941 - 0.9409 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 lowered its value from 1.1251 USD to 1.1239 USD. This morning the currency pair is trading at 1.1240 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1278 - 1.1286 USD, the aim will be reaching and testing the zone 1.133 - 1.1334 USD. If it is successful, the trend will continue to 1.1357 - 1.1365 USD. If euro drops below the support levels at 1.1207 - 1.1199 USD, it will try to find next support at 1.1175 - 1.1171 USD. In case of breaking down, the downward trend will continue to 1.1128 - 1.112 USD.

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