Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13195.2 to 13240.4 points. This morning the index is traded at 13240.9. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13277 - 13285.7 points, the aim will be reaching and testing the zone 13313.6 - 13318. If it is successful, the upward trend will continue to 13367.6 - 13376.3 points. If the DAX drops below the support levels at 13195.1 - 13186.4, it will try to find next support at 13136.8 - 13132.4. In case of breaking down, the downward trend will continue to 13104.5 - 13095.8 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 26.98 USD to 26.71 USD. This morning it is trading at 26.62 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 26.97 - 27.04 USD, the aim will be reaching and testing the zone 27.33 - 27.36 USD. If it is successful, the upward trend will continue to 27.51 - 27.57 USD. If the precious metal drops below the support levels at 26.5 - 26.44 USD, it will try to find next support at 26.3 - 26.27 USD. In case of breaking down, the downward trend will continue to 25.97 - 25.91 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1943.88 USD to 1949.47 USD. This morning it is trading at 1949.82 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1957.71 - 1958.44 USD, the aim will be reaching and testing the zone 1967.04 - 1967.4 USD. If it is successful, the upward trend will continue to 1974.18 - 1974.91 USD. If the precious metal drops below the support levels at 1941.97 - 1941.24 USD, it will try to find next support at 1934.46 - 1934.1 USD. In case of breaking down, the downward trend will continue to 1925.5 - 1924.77 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the September Crude Oil futures lowered their value from 40.94 USD to 40.93 USD per barrel. This morning they are trading at 40.67 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 41.51 - 41.53 USD, the aim will be reaching and testing the zone 42.08 - 42.09 USD. If it is successful, the upward trend will continue to 42.71 - 42.73 USD. If the Crude Oil futures drop below the support levels at 40.33 - 40.31 USD, they will try to find next support at 39.69 - 39.68 USD. In case of breaking down, the downward trend will continue to 39.13 - 39.11 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3192 CAD to 1.3308 CAD. This morning the currency pair is trading at 1.3312 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3362 - 1.3382 CAD, the aim will be reaching and testing the zone 1.3416 - 1.3426 CAD. If it is successful, the upward trend will continue to 1.3511 - 1.3532 CAD. If USD drops below the support levels at 1.3233 - 1.3212 CAD, it will try to find next support at 1.3127 - 1.3117 CAD. In case of breaking down, the downward trend will continue to 1.3083 - 1.3063 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7292 USD to 0.7223 USD. This morning the currency pair is trading at 0.7221 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7286 - 0.7298 USD, the aim will be reaching and testing the zone 0.7367 - 0.7374 USD. If it is successful, the upward trend will continue to 0.7411 - 0.7424 USD. If Australian dollar drops below the support levels at 0.7173 - 0.7161 USD, it will try to find next support at 0.7123 - 0.7117 USD. In case of breaking down, the downward trend will continue to 0.7048 - 0.7035 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 104.48 JPY to 104.6370 JPY. This morning the currency pair is trading at 104.67 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 105.01 - 105.08 JPY, the aim will be reaching and testing the zone 105.39 - 105.42 JPY. If it is successful, the upward trend will continue to 105.9 - 105.96 JPY. If USD drops below the support levels at 104.19 - 104.13 JPY, it will try to find next support at 103.65 - 103.62 JPY. In case of breaking down, the downward trend will continue to 103.31 - 103.24 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2921 USD to 1.2816 USD. This morning the currency pair is trading at 1.2813 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2911 - 1.2929 USD, the aim will be reaching and testing the zone 1.3034 - 1.3043 USD. If it is successful, the upward trend will continue to 1.3102 - 1.312 USD. If GBP drops below the support levels at 1.2738 - 1.272 USD, it will try to find next support at 1.2661 - 1.2652 USD. In case of breaking down, the downward trend will continue to 1.2548 - 1.253 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9100 CHF to 0.9144 CHF. This morning the currency pair is trading at 0.9150 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9181 - 0.9187 CHF, the aim will be reaching and testing the zone 0.9218 - 0.9221 CHF. If it is successful, the upward trend will continue to 0.9266 - 0.9271 CHF. If USD drops below the support levels at 0.9102 - 0.9097 CHF, it will try to find next support at 0.9052 - 0.9049 CHF. In case of breaking down, the downward trend will continue to 0.9864 - 0.9861 CHF.

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