Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 9650.9 to 10203.5 points. This morning the index is traded at 10179.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 10444.8 - 10533.5 points, the aim will be reaching and testing the zone 10686 - 10730.4. If it is successful, the upward trend will continue to 11104.8 - 11193.5 points. If the DAX drops below the support levels at 9873.5 - 9784.8, it will try to find next support at 9410.4 - 9366. In case of breaking down, the downward trend will continue to 9213.5 - 9124.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.41 USD to 15.00 USD. This morning it is trading at 15.06 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.3 - 15.41 USD, the aim will be reaching and testing the zone 15.61 - 15.66 USD. If it is successful, the upward trend will continue to 16.14 - 16.25 USD. If the precious metal drops below the support levels at 14.58 - 14.46 USD, it will try to find next support at 13.99 - 13.93 USD. In case of breaking down, the downward trend will continue to 13.74 - 13.63 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1615.82 USD to 1658.40 USD. This morning it is trading at 1661.42 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1681.26 - 1688.52 USD, the aim will be reaching and testing the zone 1704.13 - 1707.75 USD. If it is successful, the upward trend will continue to 1741.49 - 1748.75 USD. If the precious metal drops below the support levels at 1628.29 - 1621.03 USD, it will try to find next support at 1587.29 - 1583.67 USD. In case of breaking down, the downward trend will continue to 1568.06 - 1560.8 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures lowered their value from 26.29 USD to 26.28 USD per barrel. This morning they are trading at 26.69 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 27.76 - 27.91 USD, the aim will be reaching and testing the zone 29.46 - 29.54 USD. If it is successful, the upward trend will continue to 30.71 - 30.86 USD. If the Crude Oil futures drop below the support levels at 24.96 - 24.81 USD, they will try to find next support at 23.64 - 23.56 USD. In case of breaking down, the downward trend will continue to 22.01 - 21.86 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.4220 CAD to 1.4107 CAD. This morning the currency pair is trading at 1.4139 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.4198 - 1.4219 CAD, the aim will be reaching and testing the zone 1.4321 - 1.4331 CAD. If it is successful, the upward trend will continue to 1.438 - 1.4401 CAD. If USD drops below the support levels at 1.4037 - 1.4016 CAD, it will try to find next support at 1.3967 - 1.3956 CAD. In case of breaking down, the downward trend will continue to 1.3854 - 1.3833 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6010 USD to 0.6086 USD. This morning the currency pair is trading at 0.6081 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6131 - 0.6143 USD, the aim will be reaching and testing the zone 0.6176 - 0.6182 USD. If it is successful, the upward trend will continue to 0.6246 - 0.6259 USD. If Australian dollar drops below the support levels at 0.6028 - 0.6015 USD, it will try to find next support at 0.5951 - 0.5945 USD. In case of breaking down, the downward trend will continue to 0.5913 - 0.59 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 108.36 JPY to 109.1930 JPY. This morning the currency pair is trading at 109.21 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.6 - 109.71 JPY, the aim will be reaching and testing the zone 110.01 - 110.06 JPY. If it is successful, the upward trend will continue to 110.64 - 110.75 JPY. If USD drops below the support levels at 108.67 - 108.56 JPY, it will try to find next support at 107.99 - 107.93 JPY. In case of breaking down, the downward trend will continue to 107.64 - 107.53 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2227 USD to 1.2228 USD. This morning the currency pair is trading at 1.2194 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2287 - 1.23 USD, the aim will be reaching and testing the zone 1.2365 - 1.2372 USD. If it is successful, the upward trend will continue to 1.2405 - 1.2418 USD. If GBP drops below the support levels at 1.2182 - 1.217 USD, it will try to find next support at 1.2136 - 1.213 USD. In case of breaking down, the downward trend will continue to 1.2065 - 1.2052 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9763 CHF to 0.9785 CHF. This morning the currency pair is trading at 0.9790 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9803 - 0.9806 CHF, the aim will be reaching and testing the zone 0.9821 - 0.9822 CHF. If it is successful, the upward trend will continue to 0.9845 - 0.9848 CHF. If USD drops below the support levels at 0.9763 - 0.976 CHF, it will try to find next support at 0.9738 - 0.9736 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 lowered its value from 1.0811 USD to 1.0792 USD. This morning the currency pair is trading at 1.0785 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0825 - 1.0829 USD, the aim will be reaching and testing the zone 1.0864 - 1.0866 USD. If it is successful, the trend will continue to 1.0893 - 1.0896 USD. If euro drops below the support levels at 1.0761 - 1.0758 USD, it will try to find next support at 1.0731 - 1.0729 USD. In case of breaking down, the downward trend will continue to 1.0694 - 1.0691 USD.

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