Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 11223.0 to 11073.7 points. This morning the index is traded at 11080.6. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 11172.8 - 11192.6 points, the aim will be reaching and testing the zone 11301.6 - 11311.5. If it is successful, the upward trend will continue to 11371 - 11390.8 points. If the DAX drops below the support levels at 10994.4 - 10974.6, it will try to find next support at 10915.1 - 10905.2. In case of breaking down, the downward trend will continue to 10796.2 - 10776.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 17.52 USD to 17.09 USD. This morning it is trading at 17.09 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 17.43 - 17.46 USD, the aim will be reaching and testing the zone 17.81 - 17.82 USD. If it is successful, the upward trend will continue to 18.09 - 18.12 USD. If the precious metal drops below the support levels at 16.79 - 16.76 USD, it will try to find next support at 16.49 - 16.47 USD. In case of breaking down, the downward trend will continue to 16.12 - 16.09 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1747.30 USD to 1726.51 USD. This morning it is trading at 1726.75 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1742.28 - 1744.25 USD, the aim will be reaching and testing the zone 1761.01 - 1761.99 USD. If it is successful, the upward trend will continue to 1773.83 - 1775.8 USD. If the precious metal drops below the support levels at 1712.7 - 1710.74 USD, it will try to find next support at 1698.89 - 1697.91 USD. In case of breaking down, the downward trend will continue to 1681.15 - 1679.19 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the June Crude Oil futures raised their value from 33.50 USD to 33.89 USD per barrel. This morning they are trading at 33.84 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 34.59 - 34.6 USD, the aim will be reaching and testing the zone 35.3 - 35.31 USD. If it is successful, the upward trend will continue to 35.98 - 35.99 USD. If the Crude Oil futures drop below the support levels at 33.21 - 33.2 USD, they will try to find next support at 32.53 - 32.52 USD. In case of breaking down, the downward trend will continue to 31.82 - 31.81 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3901 CAD to 1.3957 CAD. This morning the currency pair is trading at 1.3949 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3988 - 1.3997 CAD, the aim will be reaching and testing the zone 1.4019 - 1.4023 CAD. If it is successful, the upward trend will continue to 1.4067 - 1.4076 CAD. If USD drops below the support levels at 1.3918 - 1.3909 CAD, it will try to find next support at 1.3865 - 1.3861 CAD. In case of breaking down, the downward trend will continue to 1.3839 - 1.383 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.6597 USD to 0.6564 USD. This morning the currency pair is trading at 0.6569 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6589 - 0.6592 USD, the aim will be reaching and testing the zone 0.6619 - 0.662 USD. If it is successful, the upward trend will continue to 0.6639 - 0.6642 USD. If Australian dollar drops below the support levels at 0.6542 - 0.6539 USD, it will try to find next support at 0.652 - 0.6519 USD. In case of breaking down, the downward trend will continue to 0.6492 - 0.6489 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar raised its value from 107.49 JPY to 107.6039 JPY. This morning the currency pair is trading at 107.60 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.82 - 107.83 JPY, the aim will be reaching and testing the zone 108.04 - 108.05 JPY. If it is successful, the upward trend will continue to 108.24 - 108.25 JPY. If USD drops below the support levels at 107.4 - 107.39 JPY, it will try to find next support at 107.2 - 107.2 JPY. In case of breaking down, the downward trend will continue to 106.98 - 106.97 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.2239 USD to 1.2218 USD. This morning the currency pair is trading at 1.2224 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.225 - 1.2251 USD, the aim will be reaching and testing the zone 1.2282 - 1.2282 USD. If it is successful, the upward trend will continue to 1.2315 - 1.2315 USD. If GBP drops below the support levels at 1.2186 - 1.2186 USD, it will try to find next support at 1.2153 - 1.2153 USD. In case of breaking down, the downward trend will continue to 1.2122 - 1.2121 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar raised its value from 0.9646 CHF to 0.9703 CHF. This morning the currency pair is trading at 0.9706 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.973 - 0.9739 CHF, the aim will be reaching and testing the zone 0.9757 - 0.9761 CHF. If it is successful, the upward trend will continue to 0.9801 - 0.981 CHF. If USD drops below the support levels at 0.9668 - 0.9659 CHF, it will try to find next support at 0.9619 - 0.9615 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 1.0978 USD to 1.0947 USD. This morning the currency pair is trading at 1.0951 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.0982 - 1.0991 USD, the aim will be reaching and testing the zone 1.1031 - 1.1035 USD. If it is successful, the trend will continue to 1.1053 - 1.1062 USD. If euro drops below the support levels at 1.092 - 1.0911 USD, it will try to find next support at 1.0893 - 1.0889 USD. In case of breaking down, the downward trend will continue to 1.0849 - 1.084 USD.

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