Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12321.9 to 12291.0 points. This morning the index is traded at 12290.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12428.2 - 12450.6 points, the aim will be reaching and testing the zone 12565.4 - 12576.6. If it is successful, the upward trend will continue to 12747.4 - 12769.8 points. If the DAX drops below the support levels at 12131.4 - 12109, it will try to find next support at 11938.2 - 11927. In case of breaking down, the downward trend will continue to 11812.2 - 11789.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 18.19 USD to 17.99 USD. This morning it is trading at 17.96 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.29 - 18.34 USD, the aim will be reaching and testing the zone 18.67 - 18.69 USD. If it is successful, the upward trend will continue to 18.91 - 18.95 USD. If the precious metal drops below the support levels at 17.73 - 17.68 USD, it will try to find next support at 17.47 - 17.44 USD. In case of breaking down, the downward trend will continue to 17.11 - 17.07 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1780.71 USD to 1769.46 USD. This morning it is trading at 1769.28 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1784.48 - 1785.91 USD, the aim will be reaching and testing the zone 1801.64 - 1802.36 USD. If it is successful, the upward trend will continue to 1814.51 - 1815.94 USD. If the precious metal drops below the support levels at 1755.88 - 1754.45 USD, it will try to find next support at 1742.3 - 1741.58 USD. In case of breaking down, the downward trend will continue to 1725.85 - 1724.42 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 39.83 USD to 39.71 USD per barrel. This morning they are trading at 39.58 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.46 - 40.49 USD, the aim will be reaching and testing the zone 41.27 - 41.28 USD. If it is successful, the upward trend will continue to 41.98 - 42.01 USD. If the Crude Oil futures drop below the support levels at 38.98 - 38.95 USD, they will try to find next support at 38.25 - 38.23 USD. In case of breaking down, the downward trend will continue to 37.46 - 37.43 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3574 CAD to 1.3586 CAD. This morning the currency pair is trading at 1.3583 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3609 - 1.3614 CAD, the aim will be reaching and testing the zone 1.3633 - 1.3635 CAD. If it is successful, the upward trend will continue to 1.3665 - 1.367 CAD. If USD drops below the support levels at 1.3558 - 1.3553 CAD, it will try to find next support at 1.3523 - 1.3521 CAD. In case of breaking down, the downward trend will continue to 1.3502 - 1.3497 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6902 USD to 0.6914 USD. This morning the currency pair is trading at 0.6917 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6946 - 0.6948 USD, the aim will be reaching and testing the zone 0.6978 - 0.6979 USD. If it is successful, the upward trend will continue to 0.7013 - 0.7015 USD. If Australian dollar drops below the support levels at 0.6881 - 0.6879 USD, it will try to find next support at 0.6845 - 0.6844 USD. In case of breaking down, the downward trend will continue to 0.6814 - 0.6812 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 107.92 JPY to 107.4660 JPY. This morning the currency pair is trading at 107.45 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.87 - 107.96 JPY, the aim will be reaching and testing the zone 108.41 - 108.46 JPY. If it is successful, the upward trend will continue to 108.67 - 108.77 JPY. If USD drops below the support levels at 107.16 - 107.06 JPY, it will try to find next support at 106.86 - 106.81 JPY. In case of breaking down, the downward trend will continue to 106.36 - 106.26 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2400 USD to 1.2472 USD. This morning the currency pair is trading at 1.2477 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2522 - 1.2538 USD, the aim will be reaching and testing the zone 1.2572 - 1.258 USD. If it is successful, the upward trend will continue to 1.2654 - 1.267 USD. If GBP drops below the support levels at 1.2407 - 1.2391 USD, it will try to find next support at 1.2317 - 1.2309 USD. In case of breaking down, the downward trend will continue to 1.2275 - 1.2259 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9472 CHF to 0.9457 CHF. This morning the currency pair is trading at 0.9457 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9482 - 0.9486 CHF, the aim will be reaching and testing the zone 0.9512 - 0.9514 CHF. If it is successful, the upward trend will continue to 0.9531 - 0.9535 CHF. If USD drops below the support levels at 0.9436 - 0.9432 CHF, it will try to find next support at 0.9416 - 0.9414 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 1.1232 USD to 1.1251 USD. This morning the currency pair is trading at 1.1252 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1289 - 1.1296 USD, the aim will be reaching and testing the zone 1.1327 - 1.1331 USD. If it is successful, the trend will continue to 1.138 - 1.1387 USD. If euro drops below the support levels at 1.1206 - 1.1198 USD, it will try to find next support at 1.115 - 1.1146 USD. In case of breaking down, the downward trend will continue to 1.1115 - 1.1108 USD.

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