Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12849.9 to 12445.2 points. This morning the index is traded at 12445.2. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12757.9 - 12793.2 points, the aim will be reaching and testing the zone 13123.6 - 13141.3. If it is successful, the upward trend will continue to 13383.2 - 13418.5 points. If the DAX drops below the support levels at 12167.9 - 12132.6, it will try to find next support at 11890.7 - 11873. In case of breaking down, the downward trend will continue to 11542.6 - 11507.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 24.26 USD to 23.48 USD. This morning it is trading at 23.45 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 24.22 - 24.28 USD, the aim will be reaching and testing the zone 25.05 - 25.07 USD. If it is successful, the upward trend will continue to 25.71 - 25.76 USD. If the precious metal drops below the support levels at 22.79 - 22.74 USD, it will try to find next support at 22.1 - 22.07 USD. In case of breaking down, the downward trend will continue to 21.3 - 21.25 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1970.33 USD to 1956.06 USD. This morning it is trading at 1956.12 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1971.69 - 1971.99 USD, the aim will be reaching and testing the zone 1987.32 - 1987.47 USD. If it is successful, the upward trend will continue to 2003.54 - 2003.84 USD. If the precious metal drops below the support levels at 1940.14 - 1939.84 USD, it will try to find next support at 1923.77 - 1923.62 USD. In case of breaking down, the downward trend will continue to 1908.29 - 1907.99 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the August Crude Oil futures lowered their value from 41.30 USD to 40.32 USD per barrel. This morning they are trading at 40.44 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.55 - 41.64 USD, the aim will be reaching and testing the zone 42.78 - 42.83 USD. If it is successful, the upward trend will continue to 44.19 - 44.28 USD. If the Crude Oil futures drop below the support levels at 38.99 - 38.91 USD, they will try to find next support at 37.54 - 37.5 USD. In case of breaking down, the downward trend will continue to 36.35 - 36.26 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3339 CAD to 1.3422 CAD. This morning the currency pair is trading at 1.3418 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3477 - 1.3486 CAD, the aim will be reaching and testing the zone 1.3532 - 1.3536 CAD. If it is successful, the upward trend will continue to 1.3605 - 1.3614 CAD. If USD drops below the support levels at 1.3358 - 1.3349 CAD, it will try to find next support at 1.328 - 1.3276 CAD. In case of breaking down, the downward trend will continue to 1.323 - 1.3221 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7187 USD to 0.7193 USD. This morning the currency pair is trading at 0.7196 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.722 - 0.7232 USD, the aim will be reaching and testing the zone 0.7248 - 0.7253 USD. If it is successful, the upward trend will continue to 0.7298 - 0.7309 USD. If Australian dollar drops below the support levels at 0.7154 - 0.7143 USD, it will try to find next support at 0.7098 - 0.7093 USD. In case of breaking down, the downward trend will continue to 0.7077 - 0.7065 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 104.92 JPY to 104.7190 JPY. This morning the currency pair is trading at 104.71 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.03 - 105.11 JPY, the aim will be reaching and testing the zone 105.47 - 105.51 JPY. If it is successful, the upward trend will continue to 105.64 - 105.73 JPY. If USD drops below the support levels at 104.5 - 104.41 JPY, it will try to find next support at 104.28 - 104.23 JPY. In case of breaking down, the downward trend will continue to 103.88 - 103.8 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2995 USD to 1.3095 USD. This morning the currency pair is trading at 1.3097 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.315 - 1.3174 USD, the aim will be reaching and testing the zone 1.3206 - 1.3218 USD. If it is successful, the upward trend will continue to 1.3309 - 1.3333 USD. If GBP drops below the support levels at 1.3016 - 1.2992 USD, it will try to find next support at 1.2901 - 1.2889 USD. In case of breaking down, the downward trend will continue to 1.2857 - 1.2833 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9125 CHF to 0.9088 CHF. This morning the currency pair is trading at 0.9091 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.912 - 0.913 CHF, the aim will be reaching and testing the zone 0.9167 - 0.9172 CHF. If it is successful, the upward trend will continue to 0.9184 - 0.9194 CHF. If USD drops below the support levels at 0.9067 - 0.9057 CHF, it will try to find next support at 0.9045 - 0.904 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 1.1791 USD to 1.1847 USD. This morning the currency pair is trading at 1.1847 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1886 - 1.1906 USD, the aim will be reaching and testing the zone 1.1926 - 1.1935 USD. If it is successful, the trend will continue to 1.2004 - 1.2023 USD. If euro drops below the support levels at 1.1788 - 1.1769 USD, it will try to find next support at 1.1701 - 1.1691 USD. In case of breaking down, the downward trend will continue to 1.1671 - 1.1652 USD.

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