2023.8.11 USDX has a long downward shadow!
2023.8.11 USDX has a long downward shadow!
Hello, I'm Older Duan. Today is Friday, August 11th 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 trend of the US dollar index has shown a long decline, and both bulls and bearers need to rest after fierce battles!
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 appeared long on the daily line yesterday, and the final physical part of the daily line was a small negative line! So, for the rest of today, just use the daily level 233 moving average ($1906.29) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 fell significantly yesterday, with today's low hitting the recent bottom of 2.382 (81.96 US dollars) against the gold split! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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, although the euro broke through multiple pressure levels against the US dollar yesterday, the final daily closing was still near the daily level of 55MA (1.09815). Today, we continue to engage in long short competition near this position! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 peaked at a daily level of 21MA (1.28156) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we will continue to use the bottom of the daily line level to match the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 Friday, the weekly limit is closed tonight. Please pay attention to the risks.
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Friday, August 11th 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 trend of the US dollar index has shown a long decline, and both bulls and bearers need to rest after fierce battles!
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 appeared long on the daily line yesterday, and the final physical part of the daily line was a small negative line! So, for the rest of today, just use the daily level 233 moving average ($1906.29) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 fell significantly yesterday, with today's low hitting the recent bottom of 2.382 (81.96 US dollars) against the gold split! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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, although the euro broke through multiple pressure levels against the US dollar yesterday, the final daily closing was still near the daily level of 55MA (1.09815). Today, we continue to engage in long short competition near this position! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 peaked at a daily level of 21MA (1.28156) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we will continue to use the bottom of the daily line level to match the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 Friday, the weekly limit is closed tonight. Please pay attention to the risks.
Im Older Duan. Wish you happy win . Goodbye!
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