2023.8.3 USDX has entered a pressure intensive zone
2023.8.3 USDX has entered a pressure intensive zone
Hello, I'm Older Duan. Today is Thursday, August 3rd 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 U.S. Dollar Index has entered the pressure intensive range with daily levels of 55MA (102.55), 144MA (102.71) and 165MA (102.87)!
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 has fallen below the daily level moving average density range: 55MA ($1945.1), 144MA ($1948.2), 165MA ($1941.5)! Then, in the following days, we will continue to use the daily line level of 165MA, or $1941.5, as the important Bitwise operation 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 tested strong support levels against yesterday and today, with the bottom of the daily level against the gold split of 2.000 USD and 79.00 USD! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! 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, the euro broke through the daily level of 55MA (1.09455) against the US dollar yesterday, and has now reached below this level! 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 pound fell below the daily strong support level of 55MA against the US dollar yesterday, and yesterday and today's lows touched the recent bottom of the gold split at 2.000 (1.26793)! 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!
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 Thursday, there is a UK interest rate resolution tonight, and there will be NFP data market tomorrow evening. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Thursday, August 3rd 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 U.S. Dollar Index has entered the pressure intensive range with daily levels of 55MA (102.55), 144MA (102.71) and 165MA (102.87)!
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 has fallen below the daily level moving average density range: 55MA ($1945.1), 144MA ($1948.2), 165MA ($1941.5)! Then, in the following days, we will continue to use the daily line level of 165MA, or $1941.5, as the important Bitwise operation 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 tested strong support levels against yesterday and today, with the bottom of the daily level against the gold split of 2.000 USD and 79.00 USD! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! 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, the euro broke through the daily level of 55MA (1.09455) against the US dollar yesterday, and has now reached below this level! 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 pound fell below the daily strong support level of 55MA against the US dollar yesterday, and yesterday and today's lows touched the recent bottom of the gold split at 2.000 (1.26793)! 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!
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 Thursday, there is a UK interest rate resolution tonight, and there will be NFP data market tomorrow evening. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
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