Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13193.2 to 13229.6 points. This morning the index is traded at 13229.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13307.7 - 13338 points, the aim will be reaching and testing the zone 13385.7 - 13400.9. If it is successful, the upward trend will continue to 13524.4 - 13554.7 points. If the DAX drops below the support levels at 13121.3 - 13091, it will try to find next support at 12967.5 - 12952.3. In case of breaking down, the downward trend will continue to 12904.6 - 12874.3 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 27.11 USD to 26.99 USD. This morning it is trading at 27.01 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 27.35 - 27.45 USD, the aim will be reaching and testing the zone 27.71 - 27.76 USD. If it is successful, the upward trend will continue to 28.26 - 28.35 USD. If the precious metal drops below the support levels at 26.54 - 26.45 USD, it will try to find next support at 25.95 - 25.91 USD. In case of breaking down, the downward trend will continue to 25.64 - 25.55 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1958.04 USD to 1943.83 USD. This morning it is trading at 1945.79 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1957.85 - 1958.77 USD, the aim will be reaching and testing the zone 1973.25 - 1973.71 USD. If it is successful, the upward trend will continue to 1985.88 - 1986.8 USD. If the precious metal drops below the support levels at 1930.74 - 1929.82 USD, it will try to find next support at 1917.65 - 1917.19 USD. In case of breaking down, the downward trend will continue to 1902.71 - 1901.79 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures raised their value from 40.14 USD to 40.93 USD per barrel. This morning they are trading at 41.00 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.62 - 41.84 USD, the aim will be reaching and testing the zone 42.32 - 42.42 USD. If it is successful, the upward trend will continue to 43.43 - 43.65 USD. If the Crude Oil futures drop below the support levels at 40.03 - 39.81 USD, they will try to find next support at 38.8 - 38.7 USD. In case of breaking down, the downward trend will continue to 38.22 - 38 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3177 CAD to 1.3165 CAD. This morning the currency pair is trading at 1.3147 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3214 - 1.3225 CAD, the aim will be reaching and testing the zone 1.3279 - 1.3285 CAD. If it is successful, the upward trend will continue to 1.3312 - 1.3323 CAD. If USD drops below the support levels at 1.3127 - 1.3116 CAD, it will try to find next support at 1.309 - 1.3084 CAD. In case of breaking down, the downward trend will continue to 1.303 - 1.3019 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7305 USD to 0.7311 USD. This morning the currency pair is trading at 0.7317 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7333 - 0.7342 USD, the aim will be reaching and testing the zone 0.7355 - 0.7359 USD. If it is successful, the upward trend will continue to 0.7395 - 0.7404 USD. If Australian dollar drops below the support levels at 0.7281 - 0.7272 USD, it will try to find next support at 0.7236 - 0.7232 USD. In case of breaking down, the downward trend will continue to 0.7219 - 0.721 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 104.94 JPY to 104.7350 JPY. This morning the currency pair is trading at 104.72 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.06 - 105.1 JPY, the aim will be reaching and testing the zone 105.44 - 105.46 JPY. If it is successful, the upward trend will continue to 105.71 - 105.75 JPY. If USD drops below the support levels at 104.45 - 104.41 JPY, it will try to find next support at 104.16 - 104.14 JPY. In case of breaking down, the downward trend will continue to 103.8 - 103.76 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2967 USD to 1.2971 USD. This morning the currency pair is trading at 1.2977 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3026 - 1.3039 USD, the aim will be reaching and testing the zone 1.308 - 1.3086 USD. If it is successful, the upward trend will continue to 1.316 - 1.3174 USD. If GBP drops below the support levels at 1.2904 - 1.2891 USD, it will try to find next support at 1.2817 - 1.281 USD. In case of breaking down, the downward trend will continue to 1.2769 - 1.2756 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9094 CHF to 0.9083 CHF. This morning the currency pair is trading at 0.9081 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9114 - 0.9122 CHF, the aim will be reaching and testing the zone 0.9157 - 0.9161 CHF. If it is successful, the upward trend will continue to 0.9175 - 0.9183 CHF. If USD drops below the support levels at 0.9061 - 0.9053 CHF, it will try to find next support at 0.9039 - 0.9035 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 1.1815 USD to 1.1848 USD. This morning the currency pair is trading at 1.1852 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1887 - 1.1905 USD, the aim will be reaching and testing the zone 1.1927 - 1.1936 USD. If it is successful, the trend will continue to 1.2002 - 1.202 USD. If euro drops below the support levels at 1.179 - 1.1772 USD, it will try to find next support at 1.1706 - 1.1697 USD. In case of breaking down, the downward trend will continue to 1.1675 - 1.1657 USD.

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