Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12274.3 to 12242.8 points. This morning the index is traded at 12250.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12292 - 12307.9 points, the aim will be reaching and testing the zone 12365.1 - 12373.1. If it is successful, the upward trend will continue to 12390.4 - 12406.3 points. If the DAX drops below the support levels at 12209.5 - 12193.6, it will try to find next support at 12176.3 - 12168.3. In case of breaking down, the downward trend will continue to 12111.1 - 12095.2 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 15.32 USD to 15.42 USD. This morning it is trading at 15.43 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 15.49 - 15.51 USD, the aim will be reaching and testing the zone 15.55 - 15.56 USD. If it is successful, the upward trend will continue to 15.66 - 15.68 USD. If the precious metal drops below the support levels at 15.33 - 15.31 USD, it will try to find next support at 15.22 - 15.21 USD. In case of breaking down, the downward trend will continue to 15.16 - 15.14 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1400.01 USD to 1419.35 USD. This morning it is trading at 1422.78 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1427.23 - 1430.23 USD, the aim will be reaching and testing the zone 1435.11 - 1436.61 USD. If it is successful, the upward trend will continue to 1448.99 - 1451.99 USD. If the precious metal drops below the support levels at 1408.47 - 1405.47 USD, it will try to find next support at 1393.09 - 1391.59 USD. In case of breaking down, the downward trend will continue to 1386.71 - 1383.71 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 57.91 USD to 57.73 USD per barrel. This morning they are trading at 57.81 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 58.38 - 58.47 USD, the aim will be reaching and testing the zone 59.02 - 59.07 USD. If it is successful, the upward trend will continue to 59.85 - 59.94 USD. If the Crude Oil futures drop below the support levels at 57 - 56.91 USD, they will try to find next support at 56.13 - 56.08 USD. In case of breaking down, the downward trend will continue to 55.53 - 55.44 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar lowered its value from 1.3209 CAD to 1.3178 CAD. This morning the currency pair is trading at 1.3182 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3197 - 1.3203 CAD, the aim will be reaching and testing the zone 1.3226 - 1.3229 CAD. If it is successful, the upward trend will continue to 1.3236 - 1.3242 CAD. If USD drops below the support levels at 1.3165 - 1.3158 CAD, it will try to find next support at 1.3151 - 1.3148 CAD. In case of breaking down, the downward trend will continue to 1.3126 - 1.312 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.6927 USD to 0.6960 USD. This morning the currency pair is trading at 0.6964 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.6976 - 0.698 USD, the aim will be reaching and testing the zone 0.6992 - 0.6994 USD. If it is successful, the upward trend will continue to 0.7016 - 0.7021 USD. If Australian dollar drops below the support levels at 0.6939 - 0.6935 USD, it will try to find next support at 0.6913 - 0.6911 USD. In case of breaking down, the downward trend will continue to 0.6899 - 0.6895 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 107.29 JPY to 107.2870 JPY. This morning the currency pair is trading at 107.32 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 107.43 - 107.46 JPY, the aim will be reaching and testing the zone 107.62 - 107.64 JPY. If it is successful, the upward trend will continue to 107.72 - 107.75 JPY. If USD drops below the support levels at 107.18 - 107.14 JPY, it will try to find next support at 107.07 - 107.05 JPY. In case of breaking down, the downward trend will continue to 106.89 - 106.86 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.2731 USD to 1.2738 USD. This morning the currency pair is trading at 1.2734 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.2767 - 1.2767 USD, the aim will be reaching and testing the zone 1.2795 - 1.2795 USD. If it is successful, the upward trend will continue to 1.2825 - 1.2825 USD. If GBP drops below the support levels at 1.2709 - 1.2709 USD, it will try to find next support at 1.2679 - 1.2679 USD. In case of breaking down, the downward trend will continue to 1.2651 - 1.265 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9758 CHF to 0.9718 CHF. This morning the currency pair is trading at 0.9720 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9754 - 0.9764 CHF, the aim will be reaching and testing the zone 0.9805 - 0.9809 CHF. If it is successful, the upward trend will continue to 0.9827 - 0.9836 CHF. If USD drops below the support levels at 0.9691 - 0.9682 CHF, it will try to find next support at 0.9664 - 0.9659 CHF. In case of breaking down, the downward trend will continue to 0.9618 - 0.9609 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1369 USD to 1.1397 USD. This morning the currency pair is trading at 1.1397 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1412 - 1.1417 USD, the aim will be reaching and testing the zone 1.1427 - 1.143 USD. If it is successful, the trend will continue to 1.1451 - 1.1456 USD. If euro drops below the support levels at 1.1377 - 1.1373 USD, it will try to find next support at 1.1351 - 1.1349 USD. In case of breaking down, the downward trend will continue to 1.1338 - 1.1334 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.