Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 11131.2 to 11394.7 points. This morning the index is traded at 11370.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11492.3 - 11538.1 points, the aim will be reaching and testing the zone 11589.8 - 11612.7. If it is successful, the upward trend will continue to 11779 - 11824.8 points. If the DAX drops below the support levels at 11251.4 - 11205.6, it will try to find next support at 11039.3 - 11016.4. In case of breaking down, the downward trend will continue to 10964.7 - 10918.9 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.09 USD to 17.07 USD. This morning it is trading at 17.07 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.22 - 17.23 USD, the aim will be reaching and testing the zone 17.38 - 17.38 USD. If it is successful, the upward trend will continue to 17.55 - 17.56 USD. If the precious metal drops below the support levels at 16.91 - 16.89 USD, it will try to find next support at 16.72 - 16.72 USD. In case of breaking down, the downward trend will continue to 16.58 - 16.57 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1730.96 USD to 1725.05 USD. This morning it is trading at 1725.97 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1730.79 - 1731.32 USD, the aim will be reaching and testing the zone 1737.33 - 1737.59 USD. If it is successful, the upward trend will continue to 1742.27 - 1742.8 USD. If the precious metal drops below the support levels at 1719.84 - 1719.31 USD, it will try to find next support at 1714.63 - 1714.37 USD. In case of breaking down, the downward trend will continue to 1708.36 - 1707.83 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures raised their value from 33.37 USD to 33.70 USD per barrel. This morning they are trading at 33.77 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 34.41 - 34.54 USD, the aim will be reaching and testing the zone 35.12 - 35.19 USD. If it is successful, the upward trend will continue to 36.1 - 36.23 USD. If the Crude Oil futures drop below the support levels at 32.85 - 32.72 USD, they will try to find next support at 31.82 - 31.75 USD. In case of breaking down, the downward trend will continue to 31.17 - 31.04 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3986 CAD to 1.3976 CAD. This morning the currency pair is trading at 1.3980 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3996 - 1.4 CAD, the aim will be reaching and testing the zone 1.4021 - 1.4023 CAD. If it is successful, the upward trend will continue to 1.4035 - 1.4039 CAD. If USD drops below the support levels at 1.396 - 1.3956 CAD, it will try to find next support at 1.3945 - 1.3943 CAD. In case of breaking down, the downward trend will continue to 1.3921 - 1.3917 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6531 USD to 0.6544 USD. This morning the currency pair is trading at 0.6543 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6556 - 0.6559 USD, the aim will be reaching and testing the zone 0.6568 - 0.657 USD. If it is successful, the upward trend will continue to 0.6587 - 0.659 USD. If Australian dollar drops below the support levels at 0.6529 - 0.6526 USD, it will try to find next support at 0.6509 - 0.6507 USD. In case of breaking down, the downward trend will continue to 0.6498 - 0.6495 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 107.56 JPY to 107.6790 JPY. This morning the currency pair is trading at 107.74 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.8 - 107.81 JPY, the aim will be reaching and testing the zone 107.92 - 107.92 JPY. If it is successful, the upward trend will continue to 108.06 - 108.07 JPY. If USD drops below the support levels at 107.55 - 107.54 JPY, it will try to find next support at 107.41 - 107.4 JPY. In case of breaking down, the downward trend will continue to 107.29 - 107.28 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2174 USD to 1.2179 USD. This morning the currency pair is trading at 1.2188 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.22 - 1.2201 USD, the aim will be reaching and testing the zone 1.2223 - 1.2223 USD. If it is successful, the upward trend will continue to 1.2242 - 1.2243 USD. If GBP drops below the support levels at 1.216 - 1.2158 USD, it will try to find next support at 1.214 - 1.2139 USD. In case of breaking down, the downward trend will continue to 1.2118 - 1.2117 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9710 CHF to 0.9717 CHF. This morning the currency pair is trading at 0.9716 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9734 - 0.9735 CHF, the aim will be reaching and testing the zone 0.9753 - 0.9753 CHF. If it is successful, the upward trend will continue to 0.977 - 0.977 CHF. If USD drops below the support levels at 0.9699 - 0.9699 CHF, it will try to find next support at 0.9682 - 0.9682 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 1.0892 USD to 1.0895 USD. This morning the currency pair is trading at 1.0895 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0916 - 1.0917 USD, the aim will be reaching and testing the zone 1.0937 - 1.0938 USD. If it is successful, the trend will continue to 1.096 - 1.0961 USD. If euro drops below the support levels at 1.0873 - 1.0872 USD, it will try to find next support at 1.085 - 1.0849 USD. In case of breaking down, the downward trend will continue to 1.0829 - 1.0828 USD.

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