Get started

Usdx

CADCHF bearish due to weak oil prices Bearish CADCHF as Downbeat Crude Oil Prices Put Pressure on the Canadian Dollar The CADCHF exchange rate is currently trading at 0.671, down from its high of 0.703 in early September. This bearish trend is likely to continue in the coming weeks and months as downbeat crude oil prices put pressure on the Canadian dollar. Canada is a major exporter of oil, so its currency is closely correlated with the price of oil. When oil prices fall, the Canadian dollar tends to follow suit. This is because oil is a major source of revenue for the Canadian economy, and a decline in oil prices weakens the demand for Canadian exports. Crude oil prices have been falling in recent weeks due to a number of factors, including concerns about a global recession and rising interest rates. These factors are likely to continue to weigh on oil prices in the coming months, which will put further pressure on the Canadian dollar. As a result, investors should be bearish on the CADCHF exchange rate in the near term. There is a high probability that the CADCHF will continue to decline towards 0.650 or even lower in the coming weeks and months. Here are some key factors that could support further weakness in the CADCHF: Continued decline in crude oil prices: If oil prices continue to fall, it will put further pressure on the Canadian dollar and the CADCHF. Rising interest rates in the United States: The US Federal Reserve is expected to continue raising interest rates in an effort to combat inflation. This will make the US dollar more attractive to investors, putting further downward pressure on the CADCHF. Weaker economic outlook for Canada: The Canadian economy is facing a number of headwinds, including rising inflation and interest rates. This could lead to a slowdown in economic growth, which would further weaken the Canadian dollar and the CADCHF. Investors who are bearish on the CADCHF should consider selling CADCHF short or buying USDCHF long. However, it is important to note that the CADCHF is a volatile currency pair, so traders should use appropriate risk management strategies.
Short
by masterclass618
GBPJPY Bears in Sight as Japan Mulls Currency Intervention Bearish GBPJPY as Japan's key economic ministers warn of currency intervention Japan's key economic ministers have warned of currency market intervention, keeping investors wary of a further sell-off in the yen and weighing on the GBPJPY exchange rate. The yen has weakened sharply against the dollar in recent months, hitting its weakest level in nearly a year on Monday. This has been driven by a number of factors, including the Bank of Japan's commitment to ultra-low interest rates, while the US Federal Reserve has been raising rates aggressively. The recent warning from Japanese ministers has raised the prospect of further intervention to weaken the yen. This would be bad news for the GBPJPY exchange rate, as it would make Japanese exports more competitive and make British imports more expensive. As of October 10, 2023, GBPJPY is trading at 182. If Japanese authorities do intervene to weaken the yen, this could push GBPJPY down towards 175 or even lower. Traders should be cautious of long positions in GBPJPY in the near term, as the risk of intervention is high.
Short
by masterclass618
#DXY is at risk of hitting this year's High at 106 US Dollar index upside is now limited at price is about to approach a golden ratio of 0.618 at the level 106 which also serves as the psychological level. Going back a year ago, 28th Sept 2022, DXY did hit its Multi Year High at 114 which incurred severe correction until the lows of Feb 2023. We shall therefore anticipate major reversal from the different major pairs that are correlated with #DXY. #marketpainterph_dxy
TVC:DXYShort
by marketpainterPH
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!
EIGHTCAP:USOUSD
by Think_More
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!
PEPPERSTONE:USDX
by Think_More
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!
by Think_More
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!
PEPPERSTONE:USDX
by Think_More
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!
EIGHTCAP:USOUSD
by Think_More
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!
by Think_More
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!
by Think_More
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!
EIGHTCAP:USOUSD
by Think_More
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!
PEPPERSTONE:USDX
by Think_More
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!
by Think_More
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!
PEPPERSTONE:USDX
by Think_More
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!
by Think_More
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!
PEPPERSTONE:USDX
by Think_More
USDX WEEKLY TRADE IDEAHi all Last week, the price recovered from the previous resistance level to settle at 104.216. So I'm expecting USDX to test the next resistance level next week. If the next resistance fails to break through, the price may go back to the previous support level or LOWER Let me know what you think In the comments! **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills** Thanks a lot for your support
VANTAGE:USDX
by mytw0cents
2023.9.5 USD has hit a new high in recent times2023.9.5 USD has hit a new high in recent times Hello, I'm Older Duan. Today is Tuesday, September 5th 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, after stepping back on the confirmed daily average of 233 yesterday, rose today and is about to break through the high point of June 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 has fallen back to near the daily level long short divide daily level 55 moving average (1933.93 US dollars) today! So, for the rest of today, just use the daily level long short divide daily level 55 moving average (1933.93 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, after the sharp rise of US crude oil last Friday, yesterday (Monday) and today (Tuesday) both fluctuated and sorted between high residential areas! So, for the rest of today, we will continue to use the monthly level 21 moving average ($86.73) 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 hit another recent low against the US dollar today! So in the future, we can continue to operate at the lowest point of the previous month (1.07651) 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 GBP/USD is still engaged in a long short struggle near the daily 144 moving average (1.26032)! So for the continuation period today, just continue to use the daily 144 moving average (1.26032) 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 the impact of last Friday's big non agricultural data market has come to an end, and various varieties will emerge from independent markets. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
2023.9.4 USDX has retreated after breaking pressure2023.9.4 USDX has retreated after breaking pressure Hello, I'm Older Duan. Today is Monday, September 4th 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 closed above the daily level 233 moving average last Friday, and will step back today to confirm! 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 165 moving average ($1947.46) for multiple consecutive trading days! So, for the rest of today, just use the daily level 165 moving average ($1947.46) 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 surged last Friday and is about to hit a strong pressure level: the monthly level 21 moving average ($86.73)! So, for the rest of today, just use the monthly level 21 moving average ($86.73) 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 plummet against the US dollar last Friday and is about to hit a recent low! So for the continuation period today, just use the lowest point of the previous month (1.07651) as an important point for the day 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 last Friday, returning to near the daily 144 moving average (1.26010)! So for the continuation period today, just use the daily 144 moving average (1.26010) as an 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 Monday, and the impact of last Friday's big NFP data market will gradually fade. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
2023.9.1 UScrud challenges strong pressure2023.9.1 USD strengthens, the euro plummets, and US crude oil challenges strong pressure for the third time! Hello, I'm Older Duan. Today is Friday, September 1st 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 yesterday, and yesterday's positive physical part swallowed up the negative physical part of the day before yesterday! 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 picture, gold fell slightly yesterday and strengthened again today! So, for the rest of today, just use today's opening price of $1939.74 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 has released bullish momentum for six consecutive trading days, and the probability is about to reverse downward! So, for the rest of today, just use the opening price of August 10, 2023 at $83.659 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! 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, swallowing up the gains of previous trading days! So for the continuation period today, just use the daily level 233 moving average (1.08242) 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 against the US dollar has been engaged in a long short competition near the daily 21 moving average of 1.26847 in the past three trading days! So for the continuation period today, just use the daily 21 moving average of 1.26847 as an 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 Friday, the first trading day of September, and tonight will usher in the big non agricultural data market for September. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
EIGHTCAP:USOUSD
by Think_More