Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX raised its value from 13140.0 to 13154.2 points. This morning the index is traded at 13133.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13221.3 - 13228.1 points, the aim will be reaching and testing the zone 13288.5 - 13291.9. If it is successful, the upward trend will continue to 13369.1 - 13375.9 points. If the DAX drops below the support levels at 13080.3 - 13073.5, it will try to find next support at 12996.3 - 12992.9. In case of breaking down, the downward trend will continue to 12932.5 - 12925.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.49 USD to 16.52 USD. This morning it is trading at 16.52 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.63 - 16.64 USD, the aim will be reaching and testing the zone 16.76 - 16.76 USD. If it is successful, the upward trend will continue to 16.86 - 16.86 USD. If the precious metal drops below the support levels at 16.42 - 16.41 USD, it will try to find next support at 16.31 - 16.31 USD. In case of breaking down, the downward trend will continue to 16.19 - 16.18 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1292.70 USD to 1290.83 USD. This morning it is trading at 1290.68 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1294.92 - 1295.29 USD, the aim will be reaching and testing the zone 1299.57 - 1299.76 USD. If it is successful, the upward trend will continue to 1303.09 - 1303.46 USD. If the precious metal drops below the support levels at 1287.12 - 1286.75 USD, it will try to find next support at 1283.42 - 1283.23 USD. In case of breaking down, the downward trend will continue to 1278.95 - 1278.58 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 72.61 USD to 72.10 USD per barrel. This morning they are trading at 71.92 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 72.64 - 72.71 USD, the aim will be reaching and testing the zone 73.29 - 73.33 USD. If it is successful, the upward trend will continue to 73.71 - 73.79 USD. If the Crude Oil futures drop below the support levels at 71.64 - 71.57 USD, they will try to find next support at 71.19 - 71.15 USD. In case of breaking down, the downward trend will continue to 70.57 - 70.49 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2786 CAD to 1.2817 CAD. This morning the currency pair is trading at 1.2854 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2845 - 1.2857 CAD, the aim will be reaching and testing the zone 1.2874 - 1.2880 CAD. If it is successful, the upward trend will continue to 1.2926 - 1.2938 CAD. If USD drops below the support levels at 1.2777 - 1.2765 CAD, it will try to find next support at 1.2719 - 1.2713 CAD. In case of breaking down, the downward trend will continue to 1.2696 - 1.2685 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7577 USD to 0.7573 USD. This morning the currency pair is trading at 0.7544 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7593 - 0.7597 USD, the aim will be reaching and testing the zone 0.7618 - 0.7620 USD. If it is successful, the upward trend will continue to 0.7632 - 0.7636 USD. If Australian dollar drops below the support levels at 0.7558 - 0.7554 USD, it will try to find next support at 0.7542 - 0.7540 USD. In case of breaking down, the downward trend will continue to 0.7519 - 0.7514 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 111.03 JPY to 110.89 JPY. This morning the currency pair is trading at 110.44 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 111.09 - 111.12 JPY, the aim will be reaching and testing the zone 111.33 - 111.35 JPY. If it is successful, the upward trend will continue to 111.48 - 111.51 JPY. If USD drops below the support levels at 110.72 - 110.69 JPY, it will try to find next support at 110.55 - 110.54 JPY. In case of breaking down, the downward trend will continue to 110.33 - 110.30 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3423 USD to 1.3427 USD. This morning the currency pair is trading at 1.3406 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3467 - 1.3475 USD, the aim will be reaching and testing the zone 1.3518 - 1.3522 USD. If it is successful, the upward trend will continue to 1.3546 - 1.3554 USD. If GBP drops below the support levels at 1.3396 - 1.3388 USD, it will try to find next support at 1.3365 - 1.3361 USD. In case of breaking down, the downward trend will continue to 1.3317 - 1.3309 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9966 CHF to 0.9926 CHF. This morning the currency pair is trading at 0.9924 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9962 - 0.9971 CHF, the aim will be reaching and testing the zone 1.0012 - 1.0016 CHF. If it is successful, the upward trend will continue to 1.0034 - 1.0043 CHF. If USD drops below the support levels at 0.9899 - 0.9889 CHF, it will try to find next support at 0.9872 - 0.9867 CHF. In case of breaking down, the downward trend will continue to 0.9827 - 0.9817 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro lowered its value from 1.1789 USD to 1.1778 USD. This morning the currency pair is trading at 1.1763 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1814 - 1.1819 USD, the aim will be reaching and testing the zone 1.1858 - 1.1861 USD. If it is successful, the trend will continue to 1.1887 - 1.1892 USD. If euro drops below the support levels at 1.1746 - 1.1741 USD, it will try to find next support at 1.1715 - 1.1712 USD. In case of breaking down, the downward trend will continue to 1.1673 - 1.1668 USD.

This information does not represent investment advice, recommendation, or inducement to buy or sell financial instruments. Trading 212 accepts no responsibility 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 his or her own risk. Please be advised that trading CFDs involves a significant risk of loss.

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Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.
Risk warning
Investments can fall and rise. You may get back less than you invest. CFDs are higher risk because of leverage. Be sure you understand the risks.