Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX raised its value from 12551.7 to 12565.4 points. This morning the index is traded at 12565.4. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12656.3 - 12661.2 points, the aim will be reaching and testing the zone 12747.3 - 12749.7. If it is successful, the upward trend will continue to 12847.8 - 12852.7 points. If the DAX drops below the support levels at 12469.7 - 12464.8, it will try to find next support at 12366.7 - 12364.3. In case of breaking down, the downward trend will continue to 12278.2 - 12273.3 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver raised its value from 17.90 USD to 18.00 USD. This morning it is trading at 18.00 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 18.06 - 18.08 USD, the aim will be reaching and testing the zone 18.12 - 18.12 USD. If it is successful, the upward trend will continue to 18.21 - 18.23 USD. If the precious metal drops below the support levels at 17.92 - 17.91 USD, it will try to find next support at 17.82 - 17.81 USD. In case of breaking down, the downward trend will continue to 17.77 - 17.76 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold lowered its value from 1774.47 USD to 1774.14 USD. This morning it is trading at 1774.14 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1776.5 - 1776.63 USD, the aim will be reaching and testing the zone 1779.05 - 1779.12 USD. If it is successful, the upward trend will continue to 1781.21 - 1781.34 USD. If the precious metal drops below the support levels at 1771.92 - 1771.79 USD, it will try to find next support at 1769.7 - 1769.63 USD. In case of breaking down, the downward trend will continue to 1767.21 - 1767.08 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the July Crude Oil futures lowered their value from 40.27 USD to 40.24 USD per barrel. This morning they are trading at 40.46 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 40.54 - 40.57 USD, the aim will be reaching and testing the zone 40.83 - 40.85 USD. If it is successful, the upward trend will continue to 41.19 - 41.23 USD. If the Crude Oil futures drop below the support levels at 39.91 - 39.88 USD, they will try to find next support at 39.53 - 39.52 USD. In case of breaking down, the downward trend will continue to 39.25 - 39.22 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar lowered its value from 1.3564 CAD to 1.3544 CAD. This morning the currency pair is trading at 1.3552 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3563 - 1.3569 CAD, the aim will be reaching and testing the zone 1.3592 - 1.3594 CAD. If it is successful, the upward trend will continue to 1.3602 - 1.3608 CAD. If USD drops below the support levels at 1.353 - 1.3525 CAD, it will try to find next support at 1.3517 - 1.3514 CAD. In case of breaking down, the downward trend will continue to 1.3492 - 1.3486 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar raised its value from 0.6919 USD to 0.6935 USD. This morning the currency pair is trading at 0.6944 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6951 - 0.6952 USD, the aim will be reaching and testing the zone 0.6967 - 0.6967 USD. If it is successful, the upward trend will continue to 0.6985 - 0.6987 USD. If Australian dollar drops below the support levels at 0.6918 - 0.6916 USD, it will try to find next support at 0.6898 - 0.6897 USD. In case of breaking down, the downward trend will continue to 0.6883 - 0.6882 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar lowered its value from 107.48 JPY to 107.1830 JPY. This morning the currency pair is trading at 107.54 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.68 - 107.74 JPY, the aim will be reaching and testing the zone 108.27 - 108.3 JPY. If it is successful, the upward trend will continue to 108.68 - 108.74 JPY. If USD drops below the support levels at 106.75 - 106.68 JPY, it will try to find next support at 106.31 - 106.28 JPY. In case of breaking down, the downward trend will continue to 105.75 - 105.69 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.2467 USD to 1.2486 USD. This morning the currency pair is trading at 1.2472 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2502 - 1.251 USD, the aim will be reaching and testing the zone 1.2519 - 1.2523 USD. If it is successful, the upward trend will continue to 1.2552 - 1.256 USD. If GBP drops below the support levels at 1.2461 - 1.2453 USD, it will try to find next support at 1.2424 - 1.242 USD. In case of breaking down, the downward trend will continue to 1.2411 - 1.2403 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar lowered its value from 0.9452 CHF to 0.9436 CHF. This morning the currency pair is trading at 0.9451 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9453 - 0.9458 CHF, the aim will be reaching and testing the zone 0.9478 - 0.9481 CHF. If it is successful, the upward trend will continue to 0.9487 - 0.9492 CHF. If USD drops below the support levels at 0.9424 - 0.9419 CHF, it will try to find next support at 0.9413 - 0.941 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 on Friday, the euro lowered its value from 1.1238 USD to 1.1238 USD. This morning the currency pair is trading at 1.1244 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1253 - 1.1254 USD, the aim will be reaching and testing the zone 1.1269 - 1.1269 USD. If it is successful, the trend will continue to 1.1286 - 1.1287 USD. If euro drops below the support levels at 1.1222 - 1.1221 USD, it will try to find next support at 1.1204 - 1.1203 USD. In case of breaking down, the downward trend will continue to 1.1189 - 1.1188 USD.

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