Analysis

Daily Analysis of DAX

During the trading hours yesterday, the DAX lowered its value from 12749.6 to 12679.5 points. This morning the index is traded at 12648.7. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 12734.2 - 12744.9 points, the aim will be reaching and testing the zone 12804.9 - 12810.2. If it is successful, the upward trend will continue to 12843.6 - 12854.3 points. If the DAX drops below the support levels at 12635.5 - 12624.8, it will try to find next support at 12591.4 - 12586.1. In case of breaking down, the downward trend will continue to 12526.1 - 12515.4 points.

Daily Analysis of Silver

During the trading hours yesterday, the Silver lowered its value from 15.53 USD to 15.29 USD. This morning it is trading at 15.32 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 15.72 - 15.73 USD. If it is successful, the upward trend will continue to 15.88 - 15.9 USD. If the precious metal drops below the support levels at 15.12 - 15.1 USD, it will try to find next support at 14.95 - 14.94 USD. In case of breaking down, the downward trend will continue to 14.73 - 14.71 USD.

Daily Analysis of Gold

During the trading hours yesterday, the Spot Gold lowered its value from 1226.92 USD to 1222.56 USD. This morning it is trading at 1221.74 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1230.98 - 1231.67 USD, the aim will be reaching and testing the zone 1239.41 - 1239.75 USD. If it is successful, the upward trend will continue to 1249.2 - 1249.89 USD. If the precious metal drops below the support levels at 1213.45 - 1212.76 USD, it will try to find next support at 1203.31 - 1202.97 USD. In case of breaking down, the downward trend will continue to 1195.23 - 1194.54 USD.

Daily Analysis of Crude Oil

During the trading hours yesterday, the August Crude Oil futures were in a range 66.6 - 68.76 USD per barrel. This morning they are trading at 68.20 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 68.97 - 69.07 USD, the aim will be reaching and testing the zone 69.94 - 70 USD. If it is successful, the upward trend will continue to 71.13 - 71.23 USD. If the Crude Oil futures drop below the support levels at 66.91 - 66.81 USD, they will try to find next support at 65.68 - 65.62 USD. In case of breaking down, the downward trend will continue to 64.75 - 64.65 USD.

Daily Analysis of USD/CAD

During the trading hours yesterday, the US dollar raised its value from 1.3166 CAD to 1.3271 CAD. This morning the currency pair is trading at 1.3255 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.332 - 1.3336 CAD, the aim will be reaching and testing the zone 1.3369 - 1.3377 CAD. If it is successful, the upward trend will continue to 1.345 - 1.3466 CAD. If USD drops below the support levels at 1.3206 - 1.319 CAD, it will try to find next support at 1.3118 - 1.311 CAD. In case of breaking down, the downward trend will continue to 1.3076 - 1.3061 CAD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7396 USD to 0.7355 USD. This morning the currency pair is trading at 0.7367 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7415 - 0.7423 USD, the aim will be reaching and testing the zone 0.7487 - 0.7491 USD. If it is successful, the upward trend will continue to 0.7534 - 0.7542 USD. If Australian dollar drops below the support levels at 0.7304 - 0.7296 USD, it will try to find next support at 0.7254 - 0.7249 USD. In case of breaking down, the downward trend will continue to 0.7186 - 0.7177 USD.

Daily Analysis of AUD/USD

During the trading hours yesterday, the Australian dollar lowered its value from 0.7396 USD to 0.7355 USD. This morning the currency pair is trading at 0.7367 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7415 - 0.7423 USD, the aim will be reaching and testing the zone 0.7487 - 0.7491 USD. If it is successful, the upward trend will continue to 0.7534 - 0.7542 USD. If Australian dollar drops below the support levels at 0.7304 - 0.7296 USD, it will try to find next support at 0.7254 - 0.7249 USD. In case of breaking down, the downward trend will continue to 0.7186 - 0.7177 USD.

Daily Analysis of USD/JPY

During the trading hours yesterday, the US dollar lowered its value from 112.83 JPY to 112.4470 JPY. This morning the currency pair is trading at 112.25 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 113.01 - 113.06 JPY, the aim will be reaching and testing the zone 113.65 - 113.68 JPY. If it is successful, the upward trend will continue to 114.13 - 114.19 JPY. If USD drops below the support levels at 111.94 - 111.89 JPY, it will try to find next support at 111.43 - 111.41 JPY. In case of breaking down, the downward trend will continue to 110.82 - 110.76 JPY.

Daily Analysis of GBP/USD

During the trading hours yesterday, the pound lowered its value from 1.3066 USD to 1.3013 USD. This morning the currency pair is trading at 1.3027 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3076 - 1.3078 USD, the aim will be reaching and testing the zone 1.3142 - 1.3143 USD. If it is successful, the upward trend will continue to 1.3201 - 1.3203 USD. If GBP drops below the support levels at 1.2953 - 1.295 USD, it will try to find next support at 1.2892 - 1.2891 USD. In case of breaking down, the downward trend will continue to 1.2827 - 1.2825 USD.

Daily Analysis of USD/CHF

During the trading hours yesterday, the US dollar was in a range 0.99577 - 1.00426 CHF. This morning the currency pair is trading at 0.9985 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.003 - 1.0034 CHF, the aim will be reaching and testing the zone 1.0079 - 1.0081 CHF. If it is successful, the upward trend will continue to 1.0115 - 1.0119 CHF. If USD drops below the support levels at 0.9949 - 0.9945 CHF, it will try to find next support at 0.9911 - 0.9909 CHF. In case of breaking down, the downward trend will continue to 0.9864 - 0.986 CHF.

Daily Analysis of EUR/USD

During the trading hours yesterday, the euro was in a range 1.15744 - 1.16782 USD. This morning the currency pair is trading at 1.1661 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1688 - 1.1693 USD, the aim will be reaching and testing the zone 1.1735 - 1.1737 USD. If it is successful, the trend will continue to 1.1792 - 1.1797 USD. If euro drops below the support levels at 1.1589 - 1.1584 USD, it will try to find next support at 1.153 - 1.1527 USD. In case of breaking down, the downward trend will continue to 1.1485 - 1.148 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.