Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 12059.9 to 12156.6 points. This morning the index is traded at 12173.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12208 - 12222.8 points, the aim will be reaching and testing the zone 12259.4 - 12266.8. If it is successful, the upward trend will continue to 12340.3 - 12355.1 points. If the DAX drops below the support levels at 12090.5 - 12075.7, it will try to find next support at 12002.2 - 11994.8. In case of breaking down, the downward trend will continue to 11958.2 - 11943.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.42 USD to 14.43 USD. This morning it is trading at 14.43 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.47 - 14.48 USD, the aim will be reaching and testing the zone 14.5 - 14.51 USD. If it is successful, the upward trend will continue to 14.56 - 14.57 USD. If the precious metal drops below the support levels at 14.38 - 14.37 USD, it will try to find next support at 14.32 - 14.31 USD. In case of breaking down, the downward trend will continue to 14.28 - 14.27 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1277.56 USD to 1274.32 USD. This morning it is trading at 1274.44 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1278.28 - 1278.53 USD, the aim will be reaching and testing the zone 1282.25 - 1282.37 USD. If it is successful, the upward trend will continue to 1286.7 - 1286.95 USD. If the precious metal drops below the support levels at 1270.11 - 1269.86 USD, it will try to find next support at 1265.53 - 1265.41 USD. In case of breaking down, the downward trend will continue to 1261.69 - 1261.44 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures lowered their value from 63.29 USD to 62.96 USD per barrel. This morning they are trading at 62.94 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 63.46 - 63.56 USD, the aim will be reaching and testing the zone 64.11 - 64.16 USD. If it is successful, the upward trend will continue to 64.46 - 64.56 USD. If the Crude Oil futures drop below the support levels at 62.56 - 62.46 USD, they will try to find next support at 62.16 - 62.11 USD. In case of breaking down, the downward trend will continue to 61.56 - 61.46 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3425 CAD to 1.3405 CAD. This morning the currency pair is trading at 1.3402 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3423 - 1.3426 CAD, the aim will be reaching and testing the zone 1.3447 - 1.3448 CAD. If it is successful, the upward trend will continue to 1.3461 - 1.3464 CAD. If USD drops below the support levels at 1.3389 - 1.3386 CAD, it will try to find next support at 1.3373 - 1.3372 CAD. In case of breaking down, the downward trend will continue to 1.3351 - 1.3348 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6905 USD to 0.6881 USD. This morning the currency pair is trading at 0.6883 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6912 - 0.6917 USD, the aim will be reaching and testing the zone 0.6951 - 0.6954 USD. If it is successful, the upward trend will continue to 0.6975 - 0.698 USD. If Australian dollar drops below the support levels at 0.6855 - 0.685 USD, it will try to find next support at 0.6829 - 0.6826 USD. In case of breaking down, the downward trend will continue to 0.6792 - 0.6787 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 110.05 JPY to 110.4840 JPY. This morning the currency pair is trading at 110.55 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.76 - 110.81 JPY, the aim will be reaching and testing the zone 111.04 - 111.07 JPY. If it is successful, the upward trend will continue to 111.42 - 111.47 JPY. If USD drops below the support levels at 110.16 - 110.11 JPY, it will try to find next support at 109.75 - 109.73 JPY. In case of breaking down, the downward trend will continue to 109.5 - 109.45 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2719 USD to 1.2704 USD. This morning the currency pair is trading at 1.2701 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2768 - 1.2783 USD, the aim will be reaching and testing the zone 1.2855 - 1.2862 USD. If it is successful, the upward trend will continue to 1.2897 - 1.2912 USD. If GBP drops below the support levels at 1.2654 - 1.2639 USD, it will try to find next support at 1.2605 - 1.2598 USD. In case of breaking down, the downward trend will continue to 1.2526 - 1.2511 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 1.0082 CHF to 1.0110 CHF. This morning the currency pair is trading at 1.0109 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0126 - 1.0129 CHF, the aim will be reaching and testing the zone 1.0142 - 1.0143 CHF. If it is successful, the upward trend will continue to 1.0164 - 1.0168 CHF. If USD drops below the support levels at 1.009 - 1.0087 CHF, it will try to find next support at 1.0066 - 1.0064 CHF. In case of breaking down, the downward trend will continue to 1.0052 - 1.0048 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1166 USD to 1.1160 USD. This morning the currency pair is trading at 1.1163 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1183 - 1.1184 USD, the aim will be reaching and testing the zone 1.1208 - 1.1209 USD. If it is successful, the trend will continue to 1.1229 - 1.123 USD. If euro drops below the support levels at 1.1138 - 1.1136 USD, it will try to find next support at 1.1117 - 1.1116 USD. In case of breaking down, the downward trend will continue to 1.1092 - 1.109 USD.

This information is not to be interpreted as an investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 takes no responsibility and is not to be held accountable for any use that may be made of the information provided and for any consequences that may result therefrom. No express warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please be advised that trading CFDs involves a significant risk of loss.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Risk warning
Icons/ic_arrow_downCreated with Sketch.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.