Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12779.8 to 12857.5 points. This morning the index is traded at 12857.5. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12906.1 - 12923.5 points, the aim will be reaching and testing the zone 12954.7 - 12963.4. If it is successful, the upward trend will continue to 13038 - 13055.4 points. If the DAX drops below the support levels at 12791.6 - 12774.2, it will try to find next support at 12699.6 - 12690.9. In case of breaking down, the downward trend will continue to 12659.7 - 12642.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.44 USD to 24.29 USD. This morning it is trading at 24.28 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 25.04 - 25.08 USD, the aim will be reaching and testing the zone 25.79 - 25.81 USD. If it is successful, the upward trend will continue to 26.63 - 26.68 USD. If the precious metal drops below the support levels at 23.49 - 23.44 USD, it will try to find next support at 22.62 - 22.6 USD. In case of breaking down, the downward trend will continue to 21.89 - 21.85 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1957.66 USD to 1970.24 USD. This morning it is trading at 1968.87 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1986.72 - 1989.84 USD, the aim will be reaching and testing the zone 2003.2 - 2004.76 USD. If it is successful, the upward trend will continue to 2025.91 - 2029.03 USD. If the precious metal drops below the support levels at 1950.65 - 1947.53 USD, it will try to find next support at 1926.38 - 1924.82 USD. In case of breaking down, the downward trend will continue to 1911.46 - 1908.34 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the August Crude Oil futures raised their value from 41.10 USD to 41.29 USD per barrel. This morning they are trading at 41.35 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.59 - 41.61 USD, the aim will be reaching and testing the zone 41.89 - 41.9 USD. If it is successful, the upward trend will continue to 42.24 - 42.26 USD. If the Crude Oil futures drop below the support levels at 40.96 - 40.94 USD, they will try to find next support at 40.6 - 40.59 USD. In case of breaking down, the downward trend will continue to 40.31 - 40.29 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3378 CAD to 1.3334 CAD. This morning the currency pair is trading at 1.3337 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3361 - 1.337 CAD, the aim will be reaching and testing the zone 1.3401 - 1.3405 CAD. If it is successful, the upward trend will continue to 1.3416 - 1.3424 CAD. If USD drops below the support levels at 1.3316 - 1.3307 CAD, it will try to find next support at 1.3297 - 1.3293 CAD. In case of breaking down, the downward trend will continue to 1.3261 - 1.3253 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7153 USD to 0.7187 USD. This morning the currency pair is trading at 0.7187 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7208 - 0.7213 USD, the aim will be reaching and testing the zone 0.7228 - 0.7231 USD. If it is successful, the upward trend will continue to 0.726 - 0.7265 USD. If Australian dollar drops below the support levels at 0.7161 - 0.7155 USD, it will try to find next support at 0.7127 - 0.7124 USD. In case of breaking down, the downward trend will continue to 0.7109 - 0.7103 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 105.08 JPY to 104.9180 JPY. This morning the currency pair is trading at 104.96 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.16 - 105.18 JPY, the aim will be reaching and testing the zone 105.44 - 105.45 JPY. If it is successful, the upward trend will continue to 105.63 - 105.66 JPY. If USD drops below the support levels at 104.71 - 104.68 JPY, it will try to find next support at 104.5 - 104.48 JPY. In case of breaking down, the downward trend will continue to 104.23 - 104.2 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2930 USD to 1.2995 USD. This morning the currency pair is trading at 1.2990 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3035 - 1.3046 USD, the aim will be reaching and testing the zone 1.3074 - 1.308 USD. If it is successful, the upward trend will continue to 1.3136 - 1.3147 USD. If GBP drops below the support levels at 1.2944 - 1.2933 USD, it will try to find next support at 1.2877 - 1.2871 USD. In case of breaking down, the downward trend will continue to 1.2843 - 1.2832 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9178 CHF to 0.9125 CHF. This morning the currency pair is trading at 0.9121 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9161 - 0.917 CHF, the aim will be reaching and testing the zone 0.9209 - 0.9214 CHF. If it is successful, the upward trend will continue to 0.9232 - 0.924 CHF. If USD drops below the support levels at 0.9099 - 0.909 CHF, it will try to find next support at 0.9072 - 0.9068 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 1.1715 USD to 1.1791 USD. This morning the currency pair is trading at 1.1789 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.183 - 1.1842 USD, the aim will be reaching and testing the zone 1.1868 - 1.1874 USD. If it is successful, the trend will continue to 1.1931 - 1.1943 USD. If euro drops below the support levels at 1.174 - 1.1728 USD, it will try to find next support at 1.1672 - 1.1666 USD. In case of breaking down, the downward trend will continue to 1.1639 - 1.1627 USD.

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