Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12606.4 to 12649.6 points. This morning the index is traded at 12649.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12792 - 12792.2 points, the aim will be reaching and testing the zone 12934.6 - 12934.7. If it is successful, the upward trend will continue to 13076.7 - 13076.9 points. If the DAX drops below the support levels at 12507.5 - 12507.3, it will try to find next support at 12365.3 - 12365.2. In case of breaking down, the downward trend will continue to 12222.8 - 12222.6 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 26.95 USD to 28.88 USD. This morning it is trading at 29.34 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 29.71 - 30.03 USD, the aim will be reaching and testing the zone 30.53 - 30.69 USD. If it is successful, the upward trend will continue to 32 - 32.32 USD. If the precious metal drops below the support levels at 27.73 - 27.41 USD, it will try to find next support at 26.11 - 25.95 USD. In case of breaking down, the downward trend will continue to 25.44 - 25.12 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 2037.61 USD to 2062.47 USD. This morning it is trading at 2070.04 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 2076.58 - 2080.15 USD, the aim will be reaching and testing the zone 2090.7 - 2092.48 USD. If it is successful, the upward trend will continue to 2111.93 - 2115.5 USD. If the precious metal drops below the support levels at 2044.8 - 2041.23 USD, it will try to find next support at 2021.78 - 2020 USD. In case of breaking down, the downward trend will continue to 2009.45 - 2005.88 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the August Crude Oil futures lowered their value from 42.14 USD to 41.93 USD per barrel. This morning they are trading at 41.98 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 42.46 - 42.51 USD, the aim will be reaching and testing the zone 43.07 - 43.1 USD. If it is successful, the upward trend will continue to 43.51 - 43.56 USD. If the Crude Oil futures drop below the support levels at 41.46 - 41.41 USD, they will try to find next support at 41 - 40.97 USD. In case of breaking down, the downward trend will continue to 40.41 - 40.36 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3266 CAD to 1.3303 CAD. This morning the currency pair is trading at 1.3306 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3336 - 1.3343 CAD, the aim will be reaching and testing the zone 1.3369 - 1.3372 CAD. If it is successful, the upward trend will continue to 1.3416 - 1.3422 CAD. If USD drops below the support levels at 1.3263 - 1.3256 CAD, it will try to find next support at 1.3213 - 1.321 CAD. In case of breaking down, the downward trend will continue to 1.3183 - 1.3177 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7192 USD to 0.7235 USD. This morning the currency pair is trading at 0.7233 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7258 - 0.7267 USD, the aim will be reaching and testing the zone 0.7281 - 0.7286 USD. If it is successful, the upward trend will continue to 0.7323 - 0.7333 USD. If Australian dollar drops below the support levels at 0.7202 - 0.7193 USD, it will try to find next support at 0.7155 - 0.715 USD. In case of breaking down, the downward trend will continue to 0.7137 - 0.7127 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 105.59 JPY to 105.5420 JPY. This morning the currency pair is trading at 105.50 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.73 - 105.74 JPY, the aim will be reaching and testing the zone 105.91 - 105.92 JPY. If it is successful, the upward trend will continue to 106.12 - 106.14 JPY. If USD drops below the support levels at 105.34 - 105.33 JPY, it will try to find next support at 105.12 - 105.11 JPY. In case of breaking down, the downward trend will continue to 104.94 - 104.93 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3113 USD to 1.3142 USD. This morning the currency pair is trading at 1.3143 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3185 - 1.3185 USD, the aim will be reaching and testing the zone 1.3228 - 1.3228 USD. If it is successful, the upward trend will continue to 1.327 - 1.327 USD. If GBP drops below the support levels at 1.31 - 1.3099 USD, it will try to find next support at 1.3057 - 1.3057 USD. In case of breaking down, the downward trend will continue to 1.3014 - 1.3014 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9081 CHF to 0.9096 CHF. This morning the currency pair is trading at 0.9096 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.913 - 0.913 CHF, the aim will be reaching and testing the zone 0.9163 - 0.9163 CHF. If it is successful, the upward trend will continue to 0.9197 - 0.9198 CHF. If USD drops below the support levels at 0.9063 - 0.9062 CHF, it will try to find next support at 0.9028 - 0.9028 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 1.1863 USD to 1.1876 USD. This morning the currency pair is trading at 1.1881 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1921 - 1.1925 USD, the aim will be reaching and testing the zone 1.1967 - 1.1969 USD. If it is successful, the trend will continue to 1.2019 - 1.2023 USD. If euro drops below the support levels at 1.1827 - 1.1823 USD, it will try to find next support at 1.1773 - 1.1771 USD. In case of breaking down, the downward trend will continue to 1.1729 - 1.1725 USD.

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