Analysis

Daily Analysis of DAX

During the trading hours on Friday, the DAX lowered its value from 13134.4 to 13064.8 points. This morning the index is traded at 12970,0. According to the analysis of Trading212, if the German leading index breaks the resistance levels at 13148.8 - 13156.3 points, the aim will be reaching and testing the zone 13244.1 - 13247.8. If it is successful, the upward trend will continue to 13316.8 - 13324.3 points. If the DAX drops below the support levels at 12988.3 - 12980.8, it will try to find next support at 12911.8 - 12908.1. In case of breaking down, the downward trend will continue to 12820.3 - 12812.8 points.

Daily Analysis of Silver

During the trading hours on Friday, the Silver lowered its value from 17.16 USD to 16.53 USD. This morning it is trading at 16.50 USD. According to the analysis of Trading212, if spot Silver breaks the resistance levels at 16.92 - 17.03 USD, the aim will be reaching and testing the zone 17.48 - 17.53 USD. If it is successful, the upward trend will continue to 17.72 - 17.82 USD. If the precious metal drops below the support levels at 16.23 - 16.13 USD, it will try to find next support at 15.94 - 15.89 USD. In case of breaking down, the downward trend will continue to 15.44 - 15.33 USD.

Daily Analysis of Gold

During the trading hours on Friday, the Spot Gold lowered its value from 1301.77 USD to 1279.58 USD. This morning it is trading at 1279.59 USD. According to the analysis of Trading212, if spot Gold breaks the resistance levels at 1293.40 - 1296.58 USD, the aim will be reaching and testing the zone 1311.98 - 1313.57 USD. If it is successful, the upward trend will continue to 1321.03 - 1324.21 USD. If the precious metal drops below the support levels at 1268.95 - 1265.77 USD, it will try to find next support at 1258.31 - 1256.72 USD. In case of breaking down, the downward trend will continue to 1241.32 - 1238.14 USD.

Daily Analysis of Crude Oil

During the trading hours on Friday, the July Crude Oil futures lowered their value from 66.79 USD to 64.14 USD per barrel. This morning they are trading at 63.65 USD. According to the analysis of Trading212, if Crude Oil futures break the resistance levels at 65.54 - 65.98 USD, the aim will be reaching and testing the zone 67.59 - 67.81 USD. If it is successful, the upward trend will continue to 68.33 - 68.77 USD. If the Crude Oil futures drop below the support levels at 63.19 - 62.75 USD, they will try to find next support at 62.23 - 62.01 USD. In case of breaking down, the downward trend will continue to 60.40 - 59.96 USD.

Daily Analysis of USD/CAD

During the trading hours on Friday, the US dollar raised its value from 1.3102 CAD to 1.3204 CAD. This morning the currency pair is trading at 1.3179 CAD. According to the analysis of Trading212, if US dollar breaks the resistance levels at 1.3241 - 1.3259 CAD, the aim will be reaching and testing the zone 1.3278 - 1.3287 CAD. If it is successful, the upward trend will continue to 1.3351 - 1.3369 CAD. If USD drops below the support levels at 1.3148 - 1.3131 CAD, it will try to find next support at 1.3066 - 1.3058 CAD. In case of breaking down, the downward trend will continue to 1.3038 - 1.3020 CAD.

Daily Analysis of AUD/USD

During the trading hours on Friday, the Australian dollar lowered its value from 0.7473 USD to 0.7439 USD. This morning the currency pair is trading at 0.7443 USD. According to the analysis of Trading212, if Australian dollar breaks the resistance levels at 0.7460 - 0.7467 USD, the aim will be reaching and testing the zone 0.7491 - 0.7494 USD. If it is successful, the upward trend will continue to 0.7502 - 0.7508 USD. If Australian dollar drops below the support levels at 0.7425 - 0.7419 USD, it will try to find next support at 0.7411 - 0.7408 USD. In case of breaking down, the downward trend will continue to 0.7384 - 0.7377 USD.

Daily Analysis of USD/JPY

During the trading hours on Friday, the US dollar raised its value from 110.63 JPY to 110.6460 JPY. This morning the currency pair is trading at 110.49 JPY. According to the analysis of Trading212, if US dollar breaks the resistance levels at 110.90 - 110.91 JPY, the aim will be reaching and testing the zone 111.16 - 111.16 JPY. If it is successful, the upward trend will continue to 111.42 - 111.43 JPY. If USD drops below the support levels at 110.39 - 110.38 JPY, it will try to find next support at 110.12 - 110.12 JPY. In case of breaking down, the downward trend will continue to 109.86 - 109.86 JPY.

Daily Analysis of GBP/USD

During the trading hours on Friday, the pound raised its value from 1.3261 USD to 1.3279 USD. This morning the currency pair is trading at 1.3268 USD. According to the analysis of Trading212, if GBP breaks the resistance levels at 1.3314 - 1.3322 USD, the aim will be reaching and testing the zone 1.3349 - 1.3353 USD. If it is successful, the upward trend will continue to 1.3400 - 1.3409 USD. If GBP drops below the support levels at 1.3235 - 1.3227 USD, it will try to find next support at 1.3180 - 1.3176 USD. In case of breaking down, the downward trend will continue to 1.3148 - 1.3140 USD.

Daily Analysis of USD/CHF

During the trading hours on Friday, the US dollar raised its value from 0.9965 CHF to 0.9976 CHF. This morning the currency pair is trading at 0.9966 CHF. According to the analysis of Trading212, if US dollar breaks the resistance levels at 0.9994 - 0.9997 CHF, the aim will be reaching and testing the zone 1.0012 - 1.0014 CHF. If it is successful, the upward trend will continue to 1.0037 - 1.0040 CHF. If USD drops below the support levels at 0.9955 - 0.9951 CHF, it will try to find next support at 0.9928 - 0.9926 CHF. In case of breaking down, the downward trend will continue to 0.9912 - 0.9908 CHF.

Daily Analysis of EUR/USD

During the trading hours on Friday, the euro raised its value from 1.1568 USD to 1.1606 USD. This morning the currency pair is trading at 1.1591 USD. According to the analysis of Trading212, if euro breaks the resistance levels at 1.1641 - 1.1648 USD, the aim will be reaching and testing the zone 1.1675 - 1.1679 USD. If it is successful, the trend will continue to 1.1724 - 1.1731 USD. If euro drops below the support levels at 1.1564 - 1.1557 USD, it will try to find next support at 1.1512 - 1.1508 USD. In case of breaking down, the downward trend will continue to 1.1481 - 1.1474 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.