Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12596.0 to 12731.2 points. This morning the index is traded at 12730.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12841.2 - 12847.8 points, the aim will be reaching and testing the zone 12951.1 - 12954.5. If it is successful, the upward trend will continue to 13074.4 - 13081 points. If the DAX drops below the support levels at 12614.6 - 12608, it will try to find next support at 12488.1 - 12484.7. In case of breaking down, the downward trend will continue to 12381.4 - 12374.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.91 USD to 18.22 USD. This morning it is trading at 18.25 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.74 - 18.94 USD, the aim will be reaching and testing the zone 19.27 - 19.37 USD. If it is successful, the upward trend will continue to 20.19 - 20.38 USD. If the precious metal drops below the support levels at 17.5 - 17.3 USD, it will try to find next support at 16.48 - 16.38 USD. In case of breaking down, the downward trend will continue to 16.05 - 15.86 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1773.89 USD to 1783.03 USD. This morning it is trading at 1784.84 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1789.62 - 1791.57 USD, the aim will be reaching and testing the zone 1796.21 - 1797.18 USD. If it is successful, the upward trend will continue to 1806.69 - 1808.64 USD. If the precious metal drops below the support levels at 1774.5 - 1772.55 USD, it will try to find next support at 1763.04 - 1762.07 USD. In case of breaking down, the downward trend will continue to 1757.43 - 1755.48 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures raised their value from 40.25 USD to 40.58 USD per barrel. This morning they are trading at 40.63 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.04 - 41.05 USD, the aim will be reaching and testing the zone 41.51 - 41.52 USD. If it is successful, the upward trend will continue to 41.97 - 41.98 USD. If the Crude Oil futures drop below the support levels at 40.11 - 40.11 USD, they will try to find next support at 39.65 - 39.65 USD. In case of breaking down, the downward trend will continue to 39.18 - 39.18 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3560 CAD to 1.3539 CAD. This morning the currency pair is trading at 1.3540 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3561 - 1.3561 CAD, the aim will be reaching and testing the zone 1.3582 - 1.3583 CAD. If it is successful, the upward trend will continue to 1.3603 - 1.3603 CAD. If USD drops below the support levels at 1.3518 - 1.3518 CAD, it will try to find next support at 1.3498 - 1.3497 CAD. In case of breaking down, the downward trend will continue to 1.3476 - 1.3476 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6928 USD to 0.6972 USD. This morning the currency pair is trading at 0.6973 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6998 - 0.7004 USD, the aim will be reaching and testing the zone 0.7025 - 0.7027 USD. If it is successful, the upward trend will continue to 0.7062 - 0.7067 USD. If Australian dollar drops below the support levels at 0.694 - 0.6935 USD, it will try to find next support at 0.69 - 0.6897 USD. In case of breaking down, the downward trend will continue to 0.6876 - 0.6871 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 107.42 JPY to 107.3260 JPY. This morning the currency pair is trading at 107.37 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.59 - 107.65 JPY, the aim will be reaching and testing the zone 107.94 - 107.97 JPY. If it is successful, the upward trend will continue to 108.1 - 108.17 JPY. If USD drops below the support levels at 107.13 - 107.07 JPY, it will try to find next support at 106.93 - 106.9 JPY. In case of breaking down, the downward trend will continue to 106.61 - 106.55 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2472 USD to 1.2491 USD. This morning the currency pair is trading at 1.2491 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2524 - 1.2527 USD, the aim will be reaching and testing the zone 1.2558 - 1.2559 USD. If it is successful, the upward trend will continue to 1.2596 - 1.2598 USD. If GBP drops below the support levels at 1.2455 - 1.2453 USD, it will try to find next support at 1.2416 - 1.2414 USD. In case of breaking down, the downward trend will continue to 1.2384 - 1.2381 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9452 CHF to 0.9422 CHF. This morning the currency pair is trading at 0.9421 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9455 - 0.9456 CHF, the aim will be reaching and testing the zone 0.9488 - 0.9489 CHF. If it is successful, the upward trend will continue to 0.9524 - 0.9525 CHF. If USD drops below the support levels at 0.9387 - 0.9386 CHF, it will try to find next support at 0.9351 - 0.935 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 raised its value from 1.1241 USD to 1.1308 USD. This morning the currency pair is trading at 1.1310 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1357 - 1.1363 USD, the aim will be reaching and testing the zone 1.1405 - 1.1408 USD. If it is successful, the trend will continue to 1.1466 - 1.1472 USD. If euro drops below the support levels at 1.1254 - 1.1248 USD, it will try to find next support at 1.1191 - 1.1188 USD. In case of breaking down, the downward trend will continue to 1.1145 - 1.1139 USD.

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