2023.7.31 US dollar cross star, non US currency precious metals rebound slightly, US crude oil is tight
Hello, I'm Older Duan. Today is Monday, July 31st 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the daily closing line of the U.S. Dollar Index last Friday is a cross star, which is a standard turning signal!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold hit multiple support levels last Friday and last Thursday, with daily levels of 55MA, 144MA, and 165MA, with a dense moving average range, and then rebounded to a key level near $1960. This position is also the 2.000 level on the bottom of the gold split in the figure, and the highest point on February 2, 2023! Then, in the following days today, the daily line level of 21MA, or $1954.75, will be taken as the important Bitwise operation in the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil surged last Friday and closed near its highest point, a standard bearish market! Then, in the following time today, the highest point of $80.52 on the previous Friday will be taken as the Bitwise operation of the day! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, after hitting the daily level of 55MA against the US dollar last Friday, the euro rebounded upwards and returned to the bottom of the chart at 2.618 (1.10121) on the gold split! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the GBP USD fluctuated between daily levels of 21MA (1.29222) and 55MA (1.27308) last Friday! Then in the future, these two positions can be used as the Bitwise operation of the important points in the day! Between two points, maintain a oscillatory and organized approach; Beyond these two points, maintain a strategy of chasing gains and killing losses!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Monday, the last trading day of July this year. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!