Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12995.8 to 12886.7 points. This morning the index is traded at 12921.0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12990.7 - 12995.8 points, the aim will be reaching and testing the zone 13102.4 - 13104.9. If it is successful, the upward trend will continue to 13198.7 - 13203.8 points. If the DAX drops below the support levels at 12787.8 - 12782.7, it will try to find next support at 12688.9 - 12686.4. In case of breaking down, the downward trend will continue to 12579.8 - 12574.7 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver raised its value from 16.44 USD to 16.65 USD. This morning it is trading at 16.60 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.75 - 16.79 USD, the aim will be reaching and testing the zone 16.86 - 16.88 USD. If it is successful, the upward trend will continue to 17.04 - 17.07 USD. If the precious metal drops below the support levels at 16.51 - 16.47 USD, it will try to find next support at 16.31 - 16.29 USD. In case of breaking down, the downward trend will continue to 16.22 - 16.18 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold raised its value from 1293.85 USD to 1304.27 USD. This morning it is trading at 1302.23 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1309.65 - 1311.21 USD, the aim will be reaching and testing the zone 1315.03 - 1315.81 USD. If it is successful, the upward trend will continue to 1323.53 - 1325.09 USD. If the precious metal drops below the support levels at 1297.33 - 1295.77 USD, it will try to find next support at 1288.05 - 1287.27 USD. In case of breaking down, the downward trend will continue to 1283.45 - 1281.89 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the July Crude Oil futures lowered their value from 71.82 USD to 70.65 USD per barrel. This morning they are trading at 70.62 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 71.38 - 71.57 USD, the aim will be reaching and testing the zone 72.39 - 72.49 USD. If it is successful, the upward trend will continue to 72.83 - 73.02 USD. If the Crude Oil futures drop below the support levels at 70.12 - 69.93 USD, they will try to find next support at 69.59 - 69.49 USD. In case of breaking down, the downward trend will continue to 68.67 - 68.48 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.2829 CAD to 1.2880 CAD. This morning the currency pair is trading at 1.2902 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.2924 - 1.2926 CAD, the aim will be reaching and testing the zone 1.2968 - 1.2969 CAD. If it is successful, the upward trend will continue to 1.3016 - 1.3018 CAD. If USD drops below the support levels at 1.2834 - 1.2832 CAD, it will try to find next support at 1.2785 - 1.2784 CAD. In case of breaking down, the downward trend will continue to 1.2742 - 1.2740 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar raised its value from 0.7557 USD to 0.7572 USD. This morning the currency pair is trading at 0.7565 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7589 - 0.7592 USD, the aim will be reaching and testing the zone 0.7606 - 0.7607 USD. If it is successful, the upward trend will continue to 0.7629 - 0.7633 USD. If Australian dollar drops below the support levels at 0.7551 - 0.7548 USD, it will try to find next support at 0.7526 - 0.7524 USD. In case of breaking down, the downward trend will continue to 0.7510 - 0.7507 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 110.07 JPY to 109.24 JPY. This morning the currency pair is trading at 109.57 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 109.82 - 109.91 JPY, the aim will be reaching and testing the zone 110.53 - 110.58 JPY. If it is successful, the upward trend will continue to 110.97 - 111.06 JPY. If USD drops below the support levels at 108.76 - 108.67 JPY, it will try to find next support at 108.28 - 108.23 JPY. In case of breaking down, the downward trend will continue to 107.61 - 107.52 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound raised its value from 1.3343 USD to 1.3378 USD. This morning the currency pair is trading at 1.3367 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3421 - 1.3421 USD, the aim will be reaching and testing the zone 1.3465 - 1.3465 USD. If it is successful, the upward trend will continue to 1.3508 - 1.3508 USD. If GBP drops below the support levels at 1.3334 - 1.3334 USD, it will try to find next support at 1.3291 - 1.3291 USD. In case of breaking down, the downward trend will continue to 1.3247 - 1.3247 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar lowered its value from 0.9955 CHF to 0.9912 CHF. This morning the currency pair is trading at 0.9922 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9948 - 0.9951 CHF, the aim will be reaching and testing the zone 0.9988 - 0.9989 CHF. If it is successful, the upward trend will continue to 1.0020 - 1.0022 CHF. If USD drops below the support levels at 0.9879 - 0.9877 CHF, it will try to find next support at 0.9846 - 0.9845 CHF. In case of breaking down, the downward trend will continue to 0.9808 - 0.9805 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro raised its value from 1.1694 USD to 1.1719 USD. This morning the currency pair is trading at 1.1708 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1748 - 1.1749 USD, the aim will be reaching and testing the zone 1.1779 - 1.1779 USD. If it is successful, the trend will continue to 1.1808 - 1.1808 USD. If euro drops below the support levels at 1.1689 - 1.1689 USD, it will try to find next support at 1.1660 - 1.1660 USD. In case of breaking down, the downward trend will continue to 1.1630 - 1.1629 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.