Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 9381.2 to 9613.6 points. This morning the index is traded at 9617.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 9732.5 - 9772.6 points, the aim will be reaching and testing the zone 9851.3 - 9871.4. If it is successful, the upward trend will continue to 10050.4 - 10090.5 points. If the DAX drops below the support levels at 9454.7 - 9414.6, it will try to find next support at 9235.6 - 9215.5. In case of breaking down, the downward trend will continue to 9136.8 - 9096.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 13.96 USD to 14.47 USD. This morning it is trading at 14.47 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.71 - 14.8 USD, the aim will be reaching and testing the zone 14.95 - 15 USD. If it is successful, the upward trend will continue to 15.36 - 15.45 USD. If the precious metal drops below the support levels at 14.15 - 14.06 USD, it will try to find next support at 13.69 - 13.65 USD. In case of breaking down, the downward trend will continue to 13.49 - 13.41 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1586.36 USD to 1609.99 USD. This morning it is trading at 1607.24 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1625.51 - 1629.24 USD, the aim will be reaching and testing the zone 1641.03 - 1642.9 USD. If it is successful, the upward trend will continue to 1664.01 - 1667.74 USD. If the precious metal drops below the support levels at 1590.74 - 1587.01 USD, it will try to find next support at 1565.9 - 1564.03 USD. In case of breaking down, the downward trend will continue to 1552.24 - 1548.51 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the April Crude Oil futures raised their value from 21.22 USD to 24.73 USD per barrel. This morning they are trading at 24.82 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 27.75 - 27.99 USD, the aim will be reaching and testing the zone 30.77 - 30.89 USD. If it is successful, the upward trend will continue to 34.27 - 34.52 USD. If the Crude Oil futures drop below the support levels at 21.47 - 21.23 USD, they will try to find next support at 17.84 - 17.72 USD. In case of breaking down, the downward trend will continue to 14.95 - 14.7 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.4187 CAD to 1.4136 CAD. This morning the currency pair is trading at 1.4116 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.4246 - 1.4263 CAD, the aim will be reaching and testing the zone 1.4382 - 1.4391 CAD. If it is successful, the upward trend will continue to 1.4467 - 1.4484 CAD. If USD drops below the support levels at 1.4043 - 1.4025 CAD, it will try to find next support at 1.395 - 1.3941 CAD. In case of breaking down, the downward trend will continue to 1.3822 - 1.3805 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6074 USD to 0.6057 USD. This morning the currency pair is trading at 0.6063 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6113 - 0.6115 USD, the aim will be reaching and testing the zone 0.6172 - 0.6173 USD. If it is successful, the upward trend will continue to 0.6225 - 0.6227 USD. If Australian dollar drops below the support levels at 0.6002 - 0.6001 USD, it will try to find next support at 0.5948 - 0.5947 USD. In case of breaking down, the downward trend will continue to 0.589 - 0.5888 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 107.15 JPY to 107.8780 JPY. This morning the currency pair is trading at 108.13 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 108.31 - 108.42 JPY, the aim will be reaching and testing the zone 108.74 - 108.8 JPY. If it is successful, the upward trend will continue to 109.39 - 109.5 JPY. If USD drops below the support levels at 107.34 - 107.23 JPY, it will try to find next support at 106.64 - 106.58 JPY. In case of breaking down, the downward trend will continue to 106.26 - 106.15 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2366 USD to 1.2393 USD. This morning the currency pair is trading at 1.2390 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2456 - 1.2462 USD, the aim will be reaching and testing the zone 1.2529 - 1.2532 USD. If it is successful, the upward trend will continue to 1.2583 - 1.2589 USD. If GBP drops below the support levels at 1.2336 - 1.233 USD, it will try to find next support at 1.2279 - 1.2276 USD. In case of breaking down, the downward trend will continue to 1.2209 - 1.2203 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9654 CHF to 0.9735 CHF. This morning the currency pair is trading at 0.9745 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9773 - 0.9785 CHF, the aim will be reaching and testing the zone 0.9812 - 0.9818 CHF. If it is successful, the upward trend will continue to 0.9874 - 0.9886 CHF. If USD drops below the support levels at 0.9684 - 0.9672 CHF, it will try to find next support at 0.9616 - 0.961 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 1.0960 USD to 1.0856 USD. This morning the currency pair is trading at 1.0849 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0929 - 1.0942 USD, the aim will be reaching and testing the zone 1.1022 - 1.1028 USD. If it is successful, the trend will continue to 1.1076 - 1.1089 USD. If euro drops below the support levels at 1.0795 - 1.0782 USD, it will try to find next support at 1.0734 - 1.0728 USD. In case of breaking down, the downward trend will continue to 1.0648 - 1.0635 USD.

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