Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12146.5 to 11951.6 points. This morning the index is traded at 11940.8. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12064.4 - 12092.7 points, the aim will be reaching and testing the zone 12219.7 - 12233.9. If it is successful, the upward trend will continue to 12290 - 12318.3 points. If the DAX drops below the support levels at 11867.1 - 11838.8, it will try to find next support at 11782.7 - 11768.5. In case of breaking down, the downward trend will continue to 11641.5 - 11613.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 14.41 USD to 14.57 USD. This morning it is trading at 14.57 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 14.66 - 14.68 USD, the aim will be reaching and testing the zone 14.76 - 14.77 USD. If it is successful, the upward trend will continue to 14.89 - 14.91 USD. If the precious metal drops below the support levels at 14.45 - 14.43 USD, it will try to find next support at 14.31 - 14.3 USD. In case of breaking down, the downward trend will continue to 14.22 - 14.2 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1273.20 USD to 1283.21 USD. This morning it is trading at 1283.86 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1289.37 - 1290.47 USD, the aim will be reaching and testing the zone 1295.54 - 1296.08 USD. If it is successful, the upward trend will continue to 1303.88 - 1304.98 USD. If the precious metal drops below the support levels at 1275.96 - 1274.86 USD, it will try to find next support at 1267.06 - 1266.52 USD. In case of breaking down, the downward trend will continue to 1261.45 - 1260.35 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures lowered their value from 61.30 USD to 58.16 USD per barrel. This morning they are trading at 58.08 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 60.2 - 60.6 USD, the aim will be reaching and testing the zone 62.84 - 63.03 USD. If it is successful, the upward trend will continue to 64.29 - 64.68 USD. If the Crude Oil futures drop below the support levels at 56.51 - 56.12 USD, they will try to find next support at 54.86 - 54.67 USD. In case of breaking down, the downward trend will continue to 52.43 - 52.03 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3429 CAD to 1.3471 CAD. This morning the currency pair is trading at 1.3472 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3505 - 1.3507 CAD, the aim will be reaching and testing the zone 1.3539 - 1.354 CAD. If it is successful, the upward trend will continue to 1.3577 - 1.3579 CAD. If USD drops below the support levels at 1.3435 - 1.3433 CAD, it will try to find next support at 1.3396 - 1.3395 CAD. In case of breaking down, the downward trend will continue to 1.3363 - 1.3361 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6879 USD to 0.6898 USD. This morning the currency pair is trading at 0.6898 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.691 - 0.6916 USD, the aim will be reaching and testing the zone 0.6923 - 0.6925 USD. If it is successful, the upward trend will continue to 0.6946 - 0.6951 USD. If Australian dollar drops below the support levels at 0.688 - 0.6875 USD, it will try to find next support at 0.6854 - 0.6852 USD. In case of breaking down, the downward trend will continue to 0.6845 - 0.6839 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.34 JPY to 109.5960 JPY. This morning the currency pair is trading at 109.50 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.05 - 110.15 JPY, the aim will be reaching and testing the zone 110.66 - 110.71 JPY. If it is successful, the upward trend will continue to 110.96 - 111.06 JPY. If USD drops below the support levels at 109.25 - 109.14 JPY, it will try to find next support at 108.89 - 108.84 JPY. In case of breaking down, the downward trend will continue to 108.34 - 108.24 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2658 USD to 1.2655 USD. This morning the currency pair is trading at 1.2662 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2691 - 1.2694 USD, the aim will be reaching and testing the zone 1.2726 - 1.2728 USD. If it is successful, the upward trend will continue to 1.2769 - 1.2773 USD. If GBP drops below the support levels at 1.2616 - 1.2612 USD, it will try to find next support at 1.2571 - 1.2569 USD. In case of breaking down, the downward trend will continue to 1.2537 - 1.2533 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 1.0095 CHF to 1.0032 CHF. This morning the currency pair is trading at 1.0029 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.0069 - 1.0079 CHF, the aim will be reaching and testing the zone 1.0121 - 1.0126 CHF. If it is successful, the upward trend will continue to 1.0144 - 1.0154 CHF. If USD drops below the support levels at 1.0004 - 0.9995 CHF, it will try to find next support at 0.9976 - 0.9971 CHF. In case of breaking down, the downward trend will continue to 0.9929 - 0.992 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1149 USD to 1.1180 USD. This morning the currency pair is trading at 1.1182 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1209 - 1.122 USD, the aim will be reaching and testing the zone 1.1238 - 1.1244 USD. If it is successful, the trend will continue to 1.129 - 1.1301 USD. If euro drops below the support levels at 1.114 - 1.1129 USD, it will try to find next support at 1.1083 - 1.1078 USD. In case of breaking down, the downward trend will continue to 1.106 - 1.1048 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.