WTI Crude Oil INTRADAY breakout level retest at 7045WTI Crude Oil maintains a bullish sentiment, supported by the prevailing uptrend. The recent intraday movement suggests a corrective pullback toward a key support zone.
Key Level: 70.45
This level represents the previous consolidation zone and now acts as a critical support area.
Bullish Scenario: If the price bounces from 70.45, it could resume its upward trend, targeting 72.27, followed by 72.71 and 73.46 over a longer timeframe.
Bearish Scenario: A confirmed break below 70.45 with a daily close under this level would weaken the bullish outlook, potentially leading to further declines toward 69.30 and 68.23.
Conclusion:
WTI Crude Oil remains bullish unless it loses support at 70.45. Traders should watch for either a bounce or a breakdown at this level to determine the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Uscrudeoil
WTI Crude INTRADAY oversold bounce back on maritime ceasefireThe WTI Crude Oil price action remains bearish, aligning with the prevailing downtrend. The current movement suggests an oversold bounce, but the broader outlook remains weak unless a significant breakout occurs.
Key Levels to Watch:
Resistance Levels: 70.50 (critical level), 71.30, 72.11
Support Levels: 67.95, 67.00, 65.40
Bearish Scenario:
A rejection from the 70.50 resistance level could reaffirm the downside bias, leading to a continuation of the bearish move toward 67.95, with further downside targets at 67.00 and 65.40 over the longer timeframe.
Bullish Scenario:
A breakout above 70.50 with a daily close above this level would challenge the bearish sentiment, paving the way for further gains toward 71.30, followed by 72.11.
Conclusion:
The market sentiment remains bearish, with the 70.50 level acting as a crucial resistance zone. A rejection at this level could reinforce the downside trend, while a confirmed breakout would shift the outlook to bullish, favoring a potential rally. Traders should watch price action at this key level for further confirmation.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Crude Oversold bounce back consolidationThe WTI Crude Oil price action exhibits a bearish sentiment, driven by the prevailing downtrend. The recent price movement appears to be an oversold bounce back, forming a bearish sideways consolidation pattern. This indicates that the bears remain in control, with limited buying interest observed despite the temporary upward correction.
Key Level (69.52):
The critical trading level to watch is at 69.52, which marks the previous intraday consolidation zone. An oversold rally approaching this level could face bearish rejection, reinforcing the downtrend. A failure to break above this zone would likely prompt a continuation of the downside movement.
Support Levels:
If the bearish sentiment prevails and the price is rejected from the 69.52 level, the downside targets include:
67.00 - Immediate support level.
65.73 - Secondary support.
64.23 - Long-term support level.
Bullish Scenario:
On the flip side, a confirmed breakout above the 69.52 resistance level, followed by a daily close above it, would negate the bearish outlook. This breakout could trigger further upward momentum, targeting:
70.42 - Initial resistance post-breakout.
71.02 - Subsequent resistance level.
Conclusion:
While the overall trend remains bearish, an oversold bounce could temporarily push prices higher toward the 69.52 resistance level. Traders should watch for potential rejection or a confirmed breakout at this level to gauge the next directional move. A failure to break above 69.52 would favor bearish continuation, while a breakout and daily close above would open the door for further bullish rallies.
WTI Crude INTRADAY ahead of US inventories reportThe WTI Crude Oil price action sentiment appears bearish, reinforced by the prevailing long-term downtrend. The recent price action indicates a potential oversold rally, approaching a critical resistance zone.
Key Levels and Price Action
The primary trading level to watch is 68.40, representing the current intraday swing high and falling resistance trendline. An oversold rally towards this level, followed by a bearish rejection, could confirm continued downward momentum. In this case, the next downside support targets are at 65,73, 64,23, and 63,11 over the longer timeframe.
On the other hand, a decisive breakout above the 68.40 resistance level, confirmed by a daily close, would invalidate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 69.50 and 70.30.
Conclusion
The sentiment remains bearish as long as the 68.40 resistance level holds. Traders should carefully watch the price action around the 68.40 level to assess the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Crude The Week Ahead 17th March '25WTI Crude INTRADAY bearish & oversold capped by resistance at $68,65
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Crude INTRADAT bearish below 6865The WTI Crude Oil price action sentiment appears bearish, reinforced by the prevailing long-term downtrend. The recent price action indicates a potential oversold rally, approaching a critical resistance zone.
Key Levels and Price Action
The primary trading level to watch is 68.65, representing the current intraday swing high and falling resistance trendline. An oversold rally towards this level, followed by a bearish rejection, could confirm continued downward momentum. In this case, the next downside support targets are at 66.04, 65.34, and 64.80 over the longer timeframe.
On the other hand, a decisive breakout above the 68.65 resistance level, confirmed by a daily close, would invalidate the bearish outlook. This scenario could trigger further rallies toward the next resistance levels at 69.30 and 70.12.
Conclusion
The sentiment remains bearish as long as the 68.65 resistance level holds, with potential downside targets at 66.04, 65.34, and 64.80. A confirmed breakout above 68.65 would shift the outlook to bullish, paving the way for potential rallies toward 69.30 and 70.12. Traders should carefully watch the price action around the 68.65 level to assess the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Crude INTRADAY Bearish below 6871Bearish Scenario:
WTI Crude remains in a bearish trend, with price action aligned with the prevailing longer-term downtrend. The key resistance level to watch is 68.71. If an oversold rally occurs but faces rejection at this level, the downtrend is likely to continue, targeting 66.50, followed by 66.08 and 65.75 as the next downside support zones over a longer timeframe.
Bullish Scenario:
A confirmed breakout above 68.71 and a daily close above this level would invalidate the bearish outlook. This could trigger further upside movement, with resistance targets at 69.34, followed by the psychological 70.00 level.
Conclusion:
The broader outlook remains bearish, but 68.71 is the key pivot level. Rejection from this zone reinforces the downside bias, while a sustained breakout above it could shift momentum toward further gains. Traders should watch price action around this level to determine the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
WTI Crude under pressure ahead of the weekly InventoriesBearish Scenario:
WTI Crude remains in a bearish trend, with price action aligned with the prevailing longer-term downtrend. The key resistance level to watch is 68.71. If an oversold rally occurs but faces rejection at this level, the downtrend is likely to continue, targeting 66.50, followed by 66.08 and 65.75 as the next downside support zones over a longer timeframe.
Bullish Scenario:
A confirmed breakout above 68.71 and a daily close above this level would invalidate the bearish outlook. This could trigger further upside movement, with resistance targets at 69.34, followed by the psychological 70.00 level.
Conclusion:
The broader outlook remains bearish, but 68.71 is the key pivot level. Rejection from this zone reinforces the downside bias, while a sustained breakout above it could shift momentum toward further gains. Traders should watch price action around this level to determine the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US WTI CRUDE OIL... Looking to BUY IT!US OIL
Price has pulled back into the Weekly and Daily +FVG. There is a good chance 73-72.00 will hold support, sending prices higher.
My eyes on the lookout for valid buy setups.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
WTI - 1H Bullish SignsBased on the previous 15-minute analysis and the current 1-hour chart, WTI Crude Oil is showing strong support around the $83.00 zone. This area has acted as a significant support level, and the price has bounced off it, indicating a potential buy opportunity.
On the 15-minute chart, the price had a brief consolidation phase within the support zone before showing signs of upward momentum. This aligns with the 1-hour chart, where the price is currently attempting to rise from the same support area. The consistency in this support zone across different timeframes strengthens the bullish outlook.
Currently, WTI Crude Oil is poised to continue its upward movement from the support level, targeting higher resistance levels. Traders should look for confirmation of this bullish trend with potential higher highs and higher lows forming on the 1-hour chart. If the price maintains its support above $83.00, it could provide a favorable risk-reward ratio for long positions, aiming for the next resistance levels around $84.00 and beyond.
In summary, the support zone around $83.00 has held well, and the current bullish momentum suggests a buying opportunity in WTI Crude Oil, with an eye on higher resistance levels in the near term.
2023.9.26 USD hit a new high 2023.9.26 USD hit a new high
Hello, I'm Older Duan. Today is Tuesday, September 26th 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 US dollar index has reached a new high for the year, and is about to test the top to bottom golden ratio at 1.618 (106.287) in the chart!
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 fell continuously yesterday and today, and has already tested the starting point of the September 15, 2023 bullish line ($1909.73)! 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 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 continuously yesterday and today, and today's lowest point has already broken through the daily level 21 moving average ($88.283)! So, for the rest of today, we can use this position as the day's multi sky watershed operation! 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, the euro fell continuously against the US dollar yesterday and today, and today's lowest point is about to hit the daily level 377 moving average (1.05601)! 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 fell continuously against the US dollar yesterday and today, and today's lowest point has already broken through the daily average of 377 (1.21698)! 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!
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 Tuesday. Although the US dollar has surged, there is not much room above it, so there is not much room below for non US currencies, precious metals, and US crude oil. It is not recommended to chase short. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.25 Gold is attracted by key positions2023.9.25 Gold is attracted by key positions
Hello, I'm Older Duan. Today is Monday, September 25th 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 US dollar index broke through the previously indicated bearish starting point for this year twice last Thursday and Friday, which was the opening price of 105.690 on March 9, 2023. The upper space has already opened!
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, the long up shadow of Gold's daily line last Wednesday and the long down shadow of its daily line last Thursday indicate that it is about to break out of its triangular arrangement! So, for the rest of today, just use the daily level long short divide daily level 55 moving average (1925.98 US dollars) as an important intraday point operation! 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, the long down shadow of the US crude oil daily line last Thursday and the long up shadow of the daily line last Friday indicate that it is about to break out of its triangular consolidation form! So, for the rest of today, we will continue to use historical level key positions ($90.3) as the intraday long short watershed operation! 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, the center of gravity of the daily line of the euro against the US dollar for three consecutive trading days has been attracted by the recent bottom up gold split of 2.000! So in the future, we can continue to use the lowest point in May this year (1.06343) as an important intraday point for operation! 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 against the US dollar has been supported by the recent bottom against the gold split of 1.618 in the past three trading days! So for the continuation period today, we can continue to use the long start position at the end of May this year (1.23160) as an important intraday point for operation! 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 Monday, and there will be a speech by European Central Bank President Lagarde tonight. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.22 the pound fell sharply reaching 1.6182023.9.22 the pound fell sharply reaching 1.618
Hello, I'm Older Duan. Today is Friday, September 22nd 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 US dollar index broke through the previously indicated bearish starting point for this year twice yesterday and today, which is the opening price of 105.690 on March 9, 2023. The upper space has already been opened!
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 fell below the daily average density range yesterday and peaked today (daily 21, 55, 233)! So, for the rest of today, just use the daily level long short divide daily level 55 moving average (1927.31 US dollars) as an important intraday point operation! 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, the daily closing pattern of US crude oil yesterday showed a long upward shadow with a small positive line, and today US crude oil continues to strengthen! So, for the rest of today, just use the historical level key position ($90.3) as the intraday long short watershed operation! 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, the euro against the US dollar both yesterday and today tested the recent new low, but the center of gravity of the daily line is still around 2.000 above the recent bottom of the golden section! So in the future, we can continue to use the lowest point in May this year (1.06343) as an important intraday point for operation! 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 fell sharply against the US dollar again yesterday, reaching its lowest point at the recent bottom of 1.618 against the gold split. It is still weak today! So for the continuation period today, we can continue to use the long start position at the end of May this year (1.23160) as an important intraday point for operation! 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 and there will be a weekly closing market tonight. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.21 USD test for strong pressure2023.9.21 USD test for strong pressure
Hello, I'm Older Duan. Today is Thursday, September 21st 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 US dollar index has already tested the short start point of this year as previously indicated, which is the opening price of 105.690 on March 9, 2023!
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 rose and fell yesterday, and today it is at the daily level of the 21 moving average, 55 moving average, and 233 moving average. There is a long and short competition nearby! So, for the rest of today, just use the daily level long short divide daily level 55 moving average (1928.26 US dollars) as an important intraday point operation! 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 continues to decline! So, for the rest of today, we will continue to use last November's short start position ($88.958) as the intraday long short divide operation! 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, the euro rose and fell against the US dollar yesterday, with its highest point almost touching the daily 21 moving average and hitting a new low in the near future today! So for the continuation period today, just use the lowest point in May this year (1.06343) as the important intraday point operation! 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 has continued to weaken against the US dollar, hitting a recent low again today! So for the continuation period today, we can continue to use the long start position at the end of May this year (1.23160) as an important intraday point for operation! 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 Thursday, and tonight there will be a Bank of England resolution and the US initial unemployment benefit data market. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.20 peak of US crude oil is completed!2023.9.20 peak of US crude oil is completed!
Hello, I'm Older Duan. Today is Wednesday, September 20th 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 US dollar index has maintained a sideways trend for four consecutive trading days, waiting for the Federal Reserve's interest rate resolution and Powell's speech!
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 crossed the daily level long short divide daily level 55 moving average ($1929.17) twice yesterday and today! 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 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, the short-term top form of US crude oil has been completed, rising and falling yesterday, and continuing to plummet today! So, for the rest of today, just use last November's short start position ($88.958) as the intraday long short divide operation! Above it, the lower part is the main; Below it, high altitude dominates!
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 rose and fell against the US dollar yesterday, but overall it remains weak! So for the continuation period today, just use today's opening price (1.06806) as an important point for intraday operations! 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 fell sharply against the US dollar today due to the impact of UK CPI data, hitting a new low in the near future! So for the continuation period today, just use the bull start position at the end of May this year (1.23160) as the important point for the day operation! 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 Wednesday, and there will be a Federal Reserve interest rate resolution and a speech by Federal Reserve Chairman Powell tonight and early tomorrow morning. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.19 GBPUSD remain relatively low2023.9.19 GBPUSD remain relatively low
Hello, I'm Older Duan. Today is Tuesday, September 19th 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 US dollar index has maintained a sideways trend for three consecutive trading days, and has not yet hit the short start level of 105.690 in March this year!
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, yesterday's daily closing of gold showed a standard outflow pattern, breaking and stabilizing the three moving averages of the daily level at once. Today, it confirmed the daily level long and short watershed daily level 55 moving averages (1930.01 US dollars)! 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 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 has continued to soar, breaking through the historical key level of $90.3 and almost touching the strong pressure level of $91.6! So, for the rest of today, just use these two positions as the daytime long and short water separation intervals! Sell high and buy low within the range, and chase up and kill down outside the range!
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 rebounded slightly against the US dollar yesterday, hitting its previous low of this month, which was the lowest point of 1.06856 on September 7, 2023! 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 has remained relatively low against the US dollar for three consecutive trading days, and there has been a consolidation of inter district fluctuations! So for the continuation period today, just use today's opening price (1.23818) 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 Tuesday, and there will be a Federal Reserve interest rate resolution and a speech by Federal Reserve Chairman Powell tomorrow night and the morning after tomorrow. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.18 UScrud bulls are reveling2023.9.18 UScrud bulls are reveling
Hello, I'm Older Duan. Today is Monday, September 18th 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 US dollar index maintained a sideways trend between communities last Friday and today, and has not yet hit the short start level of 105.690 in March this year!
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 surged last Friday, with both last Friday's high and today's high hitting the daily level long short divide daily level 55 moving average (1930.37)! 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 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 continues to rise sharply, breaking through the historical key level of $90.3, and the next strong pressure level is at $91.6! So, for the rest of today, just use these two positions as the daytime long and short water separation intervals! Sell high and buy low within the range, and chase up and kill down outside the range!
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/US dollar engaged in a long short battle against the 2.000 level (1.06666) of the gold split at the recent bottom last Friday and today! 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 remained relatively low against the US dollar last Friday and today, with a consolidation of inter district fluctuations! So for the continuation period today, just use today's opening price (1.23964) as an important point for intraday operations! 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 Monday and there will be a Federal Reserve interest rate resolution this week. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.15 USD and US crude oil rallied and retreated2023.9.15 USD and US crude oil rallied and retreated
Hello, I'm Older Duan. Today is Friday, September 15th 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 US dollar index rose sharply yesterday and is about to hit the starting short position of 105.690 in March this year!
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 showed a long downward shadow on its daily closing line yesterday and started to strengthen today! So, for the rest of today, just use the opening price of this Tuesday (1921.49 US dollars) as an important intraday point operation! 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 continued to rise sharply yesterday, and today it has broken through the historical key position of $90.3, and is now starting to decline! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
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 fell sharply against the US dollar yesterday, breaking below the recent bottom of 2.000 (1.06666) against the gold split. Today, it confirmed this position by peaking back within the day! 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 fell sharply against the US dollar yesterday, breaking through and closing below the daily 233 moving average (1.24347). Today, it peaked and confirmed 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!
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, and tonight there is likely to be a close out market. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.14 precious metals were weaker than non US currencies2023.9.14 precious metals were weaker than non US currencies
Hello, I'm Older Duan. Today is Thursday, September 14th 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 US dollar index is engaged in a long short competition near the daily level 377 moving average, and is likely waiting for the daily level 21 moving average to move up and close!
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 continues to be weak and is about to challenge the integer level of $1900! 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 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, the daily closing of US crude oil yesterday showed a cross star pattern, which is the standard change signal! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
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/US dollar has been fluctuating and organizing in a small area this week! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) 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!
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 lowest point of the pound against the US dollar yesterday has reached the daily average of 233 (1.24351), and the final daily closing line showed a long downward trend. Starting today, it is likely to strengthen! So for the continuation period today, just use today's opening price (1.24888) 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 Thursday, and tonight there will be a European Central Bank interest rate resolution and "terrorist data" on monthly retail sales in the United States. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.13 Euro is leading the way up2023.9.13 Euro is leading the way up
Hello, I'm Older Duan. Today is Wednesday, September 13th 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 US dollar index has returned to below the daily average of 377 (104.703) for two consecutive days, and continues to be strong today!
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 fell down yesterday and continues to be weak today, breaking through the long start level at the end of last month twice, which is the opening price of August 27, 2023 ($1910.70)! 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 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 yesterday and continues to strengthen today, approaching a historic key level of $90.3! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) and $90.3 as the daily long short split range operations! Sell high and buy low within the range, and chase up and kill down outside the range!
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 daily closing of the euro against the US dollar showed a cross shape with a long shadow line yesterday, but it is weak today! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) 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!
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 continued to weaken against the US dollar yesterday and today, with today's lowest point reaching the daily 233 moving average (1.24344)! 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!
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 Wednesday, there will be US CPI data tonight, and tomorrow there will be "horror data" on US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.12 USD has returned to the dense range of MA2023.9.12 USD has returned to the dense range of MA
Hello, I'm Older Duan. Today is Tuesday, September 12th 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 US dollar index returned to below the daily average of 377 (104.688) yesterday, and today it is up to test this position again!
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 been engaged in long short competition near the daily level 21 moving average ($1921.34) for multiple consecutive trading days! 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 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 after reaching a recent high yesterday and continues to steadily strengthen today! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! 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, the EUR/USD daily closing line showed a positive trend yesterday and continued to strengthen today! So for the continuation period today, we will continue to use the highest point on Friday (1.07430) 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!
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 highest point of the pound against the US dollar yesterday hit the daily level 165 moving average (1.25498), and then fell back! 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!
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 Tuesday, and tomorrow there will be US CPI data, and the day after tomorrow there will be "horror data" on US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.11 the pound led the rise2023.9.11 the pound led the rise
Hello, I'm Older Duan. Today is Monday, September 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 US dollar index fell down today and has already fallen below the daily average of 377 (104.672)!
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 surged today and is about to challenge the daily level long short divide daily level 55 moving average (1933.70 US dollars)! 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 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 presents a high level contraction triangular arrangement shape! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! 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, the euro strengthened against the US dollar today! So for the continuation period today, just use the highest point on Friday (1.07430) as an important point operation for 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 strengthened against the US dollar today and is about to test the daily level 165 moving average (1.25464)! 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!
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, and this week there will be US CPI data and "horror data" US retail sales monthly rates. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.9.8 USD and US crude oil have slightly declined2023.9.8 USD and US crude oil have slightly declined
Hello, I'm Older Duan. Today is Friday, September 8th 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 US dollar index has been closing at the last moving average of the daily level for three consecutive trading days, above the daily level 377 moving average (104.636), fully opening up the upside space!
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, after hitting the daily level 21 moving average yesterday and the day before yesterday, gold rebounded against the previous day and has now returned above the daily level 233 moving average ($1922.79)! So, for the rest of today, just use the daily level 233 moving average ($1922.79) 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 down yesterday and the daily closing line returned to a critical position below the monthly average of 21 ($86.76). It continued to weaken today! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.76) as an important intraday point operation! 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, the euro continued to decline against the US dollar yesterday, reaching its lowest point at the bullish starting point in June (1.06979), which was also the opening price on June 7, 2023. Today, it began to rebound upwards! So for the continuation period today, we will continue to use the long start position in June (1.06979), which is also the opening price on June 7, 2023, as an important intraday point operation! 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 continued to weaken against the US dollar yesterday, but did not touch any strong support levels! So for the continuation period today, we can continue to operate at the daily level 233 moving average (1.24292) as an important intraday point! 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 and this week is the first full trading week of September. The weekly line will be closed tonight. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!