2023.8.21 Two cross stars for daily USD2023.8.21 Two cross stars for daily USD
Hello, I'm Older Duan. Today is Monday, August 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 been engaged in a long short competition in the past two trading days within the neighborhood. The current neighborhood is the opening price on July 6, 2023 (103.340) and the opening price on June 13 (103.620)!
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 suppressed for three consecutive trading days by the 1.618 level of the gold split at the bottom, which is also the lowest point on June 29, 2023 (1892.87 US dollars)! So, for the rest of today, just continue to 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 highest click through of US crude oil today broke the daily level 21 moving average ($81.350)! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro/US dollar has been engaged in a long short battle for 5 consecutive trading days near the bottom of the gold split at 2.382 (1.08730)! 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 was suppressed by the daily level 21 moving average (1.27441) for four consecutive trading days against the US dollar! So for the continuation period today, just continue to use this position 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 Monday, and there is a high probability that non US currencies and precious metals will engage in unilateral trading. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Usousd
2023.8.18 Bulls of USD need to rest2023.8.18 Bulls of USD need to rest
Hello, I'm Older Duan. Today is Friday, August 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 daily closing pattern of the US dollar index showed a long downward shadow yesterday, indicating that bulls need to rest!
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 gold daily chart yesterday showed a long cross star with up and down shadows, which is the standard change signal! So, for the rest of today, we will continue to operate at the lowest point on June 29, 2023 (1892.87 US dollars) as an important intraday point! 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 highest point of US crude oil yesterday hit the opening price of the day before yesterday (80.603 US dollars), and then the increase narrowed. Today, we continue to test the upward pressure! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the daily trend of the euro against the US dollar yesterday was exactly opposite to the US dollar index, and today, there is still a long short battle around the bottom of the gold split at 2.382 (1.08730)! 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 broke through the daily level 21 moving average (1.27549) against the US dollar yesterday and today, and is about to break through the upward trend! So for the continuation period today, just continue to use this position as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, today is Friday, and the weekly line will be closed tonight. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.8.17 GBPUSD has clearly strengthened2023.8.17 GBPUSD has clearly strengthened
Hello, I'm Older Duan. Today is Thursday, August 17th 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 closed at a positive line for 5 consecutive trading days, breaking the strong pressure level of July 6, 2023 opening price (103.34), and the next small pressure level is 103.62!
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 broke through its low of $1892.87 two months ago yesterday and strengthened today! So, for the rest of today, we will continue to operate at the lowest point on June 29, 2023 (1892.87 US dollars) as an important intraday point! 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 plummeted yesterday, with the daily closing line below the recent bottom of 2.000 level ($79) above the gold split. Today, it strengthened and returned to above this level! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro continued to weaken against the US dollar yesterday and has already broken through the daily level of 165MA (1.08634) 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 against the dollar is significantly stronger than other varieties, with yesterday's high of pound against the dollar hitting the daily level 21 moving average (1.27622)! So for the continuation period today, just continue to use this position 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 the weekly line will be closed tomorrow. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
USOUSD H4 | Rising towards 23.6% Fibo resistance?USOUSD is rising towards an overhead resistance and could potentially reverse from here to drop lower towards our take profit target.
Entry: 80.693
Why we like it:
There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level
Stop Loss: 82.689
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level
Take Profit: 77.290
Why we like it:
There is a pullback support that aligns close to the 161.8% Fibonacci extension level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
2023.8.16 GBPUSD tests pressure2023.8.16 GBPUSD tests pressure
Hello, I'm Older Duan. Today is Wednesday, August 16th 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 continued to strengthen after hitting the daily level 165 moving average at its lowest point yesterday. It has been closing above the important moving average concentration range for three consecutive trading days, 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, gold has been closing below the daily average of 233 ($1909.07) for two consecutive trading days, with a probability of continuing to weaken! So, for the rest of today, just use the lowest point on June 29, 2023 (1892.87 US dollars) as the 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, yesterday's daily closing of US crude oil was below the daily level of 21MA ($81.156), opening up space below! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit the daily 144 moving average (1.08913) at its lowest point against the US dollar yesterday 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 rose and fell against the US dollar yesterday, and continued to strengthen today. It is about to test the daily level 21 moving average (1.27662)! So for the continuation period today, just continue to use this position 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 Wednesday, and tonight FOMC will release the minutes of its monetary policy meeting. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.8.15 USD is waiting for the guidance of retail sales 2023.8.15 USD is waiting for the guidance of retail sales
Hello, I'm Older Duan. Today is Tuesday, August 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 slightly yesterday and then fell. Today, it is bearish and weak, waiting for the guidance of monthly retail sales rates in the United States in the evening!
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 once again broke below the daily 233 moving average ($1909.07) yesterday, and the downside space has opened up again. The latest support is the integer level of $1900! So, for the rest of today, we will continue to operate at the daily level 233 moving average ($1909.07) as an important intraday point! 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 decline yesterday, and today there is a long short battle near the bottom of the daily level against the gold split of 2.382 ($81.96)! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit its lowest point against the US dollar yesterday, hitting the bottom of the gold split at 2.382 (1.08735), and rose slightly today! So for the continuation period today, just use today's opening price (1.09070) 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 daily closing line showed a long downward shadow yesterday, and today it is still at the bottom of the daily level against the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), and there is a long short competition nearby! So for the continuation period today, just continue to use this position 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 tonight there is "horror data" on the monthly retail sales rate in the United States for July. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.14 The upward space for USD has opened up2023.8.14 The upward space for USD has opened up
Hello, I'm Older Duan. Today is Monday, August 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, USDX has arrived at the top of the daily average density range and are about to challenge the next strong pressure: the opening price on July 6, 2023 is 103.340!
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 lowest point of gold today is very close to the daily level 233 moving average ($1908.49)! So, for the rest of today, just use the daily level 233 moving average ($1908.49) 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 closed in a cross star pattern on Friday's daily line, breaking through the recent bottom up gold split of 2.382 ($81.96) 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 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 broke the lower limit last Friday, and the daily closing line was clearly below the daily level long short divide 55 moving average (1.09872), opening up space for the lower limit! So for the continuation period today, just use today's opening price (1.09424) 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 at the bottom of the daily level against the 2.000 level of the Golden Divide, which is also the highest point on May 10, 2023 (1.26793), and there is a long short competition nearby! So for the continuation period today, just continue to use this position 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 Monday, and tomorrow night there will be "horror data" on the monthly retail sales rate in the United States for July. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
USOUSD H4 | Falling to 23.6% Fibo supportUSOUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target.
Entry: 80.693
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement level
Stop Loss: 78.913
Why we like it:
There is an overlap support that aligns close to the 127.2% Fibonacci extension level
Take Profit: 83.707
Why we like it:
There is a pullback resistance level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
2023.8.11 USDX has a long downward shadow!2023.8.11 USDX has a long downward shadow!
Hello, I'm Older Duan. Today is Friday, August 11th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the daily trend of the US dollar index has shown a long decline, and both bulls and bearers need to rest after fierce battles!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold appeared long on the daily line yesterday, and the final physical part of the daily line was a small negative line! So, for the rest of today, just use the daily level 233 moving average ($1906.29) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell significantly yesterday, with today's low hitting the recent bottom of 2.382 (81.96 US dollars) against the gold split! So, for the rest of today, just use this position as an important point during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, although the euro broke through multiple pressure levels against the US dollar yesterday, the final daily closing was still near the daily level of 55MA (1.09815). Today, we continue to engage in long short competition near this position! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound peaked at a daily level of 21MA (1.28156) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we will continue to use the bottom of the daily line level to match the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), as an important point for the day! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Friday, the weekly limit is closed tonight. Please pay attention to the risks.
Im Older Duan. Wish you happy win . Goodbye!
UCO a crude oil ETF LONGUCO popped in April and then dropped into a consolidation in May and June where
it set up a base shown by the POC line on the volume profile. Once over the POC
on July 6th on the daily chart coinciding with a golden cross on the HMA 56/210
combination the bull trend began. The dual time frame RS lines in the 60s suggest
more to come. I am trading UCO and similar oil-based instruments including USOUSD
or forex in the near term until I see signals of a topping that are not yet evident.
2023.8.10 USOUSD continues to soar!2023.8.10 USOUSD continues to soar!
Hello, I'm Older Duan. Today is Thursday, August 10th 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 weakened again today, breaking through the 2.382 (102.29) gold split at the top of the daily level!
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 already broken through the strong support level of $1919.4, which is the opening price of last month. The latest support is the daily level of 233MA ($1906.33)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down!
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 again yesterday, breaking through the 2.618 level ($83.69) of the daily bottom to gold split and the 377MA level ($83.28) of the daily level. Now, the latest pressure level for US crude oil has reached the opening price of November 17, 2022 ($84.61)! So, for the rest of today, just use the opening price of November 17, 2022 ($84.61) as an important intraday point for operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro continued to strengthen against the US dollar yesterday and today, breaking through the daily level of 55MA (1.09770) and the daily level of 2.618 (1.10115) above the gold split at the bottom. Now, the latest pressure level for the euro against the US dollar has reached the daily level of 21MA (1.10418)! So for the continuation period today, just use the daily line level 21MA (1.10418) as the important point operation for the day! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound peaked at a daily level of 55MA (1.27831) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we can continue to operate at the daily level 55MA (1.27831) as an important point during the day! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Thursday, and tonight there is a five-star data market for US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.9 US crude oil has reversed its deep V 2023.8.9 US crude oil has reversed its deep V
Hello, I'm Older Duan. Today is Wednesday, August 9th 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 opening price of the US dollar index today is clearly above the daily level of 55MA, and the upper space is once again open!
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 yesterday, but still did not hit the strong support level of $1919.4, which is the opening price of last month! So, for the rest of today, just use this position as an important point during the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil fell first yesterday and then rose, with a large V-shaped reversal! So, for the rest of today, just use the opening price of August 7, 2023 at $82.577 as the important intraday point operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro broke through the daily level of 55MA (1.09711) against the US dollar yesterday, and today it has returned to this position to engage in long short competition! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the lowest point of the pound against the US dollar yesterday hit the recent bottom of 2.000 against the Golden Divide, which is also the highest point of 1.26793 on May 10, 2023. The pound is about to rise sharply against the US dollar! So for the continuation period today, just use the daily line level 55MA (1.27783) as the important point operation for the day! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Wednesday, there will be EIA crude oil inventory data tonight, and tomorrow night there will be five-star data on US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
USOUSD H4 | Potential bearish breakoutUSOUSD has broken an intermediate support level that aligns with the 38.2% Fibonacci retracement level and is approaching an ascending trendline. Price could potentially break below this trendline which could trigger further downward movement towards our take profit target.
Entry: 81.169
Why we like it:
Wait for bearish confirmation after price breaks through the ascending trendline
Stop Loss: 83.241
Why we like it:
There is a swing-high resistance
Take Profit: 79.151
Why we like it:
There is a pullback support that aligns with the 23.6% Fibonacci retracement level
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2023.8.8 USD strengthened2023.8.8 USD strengthened, non US currencies and precious metals overall weakened, and US crude oil plunged!
Hello, I'm Older Duan. Today is Tuesday, August 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 vying for long and short positions at the top of the chart against the 2.382 position (102.29) of the golden section!
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 yesterday, almost giving up last Friday's gains, and continues to weaken today! So, for the rest of today, just use the lowest point on Friday ($1925.07) as an important intraday point operation! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil continued to accelerate and weaken yesterday and today! So, for the rest of today, just use the opening price of April 19, 2023 at $80.927 as the important intraday point operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit the daily level of 55MA at its lowest point against the US dollar yesterday, and the final daily closing showed a cross star pattern. Today, we will continue to explore the daily level of 55MA! Today, the euro weakened against the US dollar, hitting the daily level of 55MA (1.09667)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the GBP/USD is still engaged in a long short battle at the daily level of 55MA (1.27719)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Tuesday, and the impact of last Friday's big non agricultural data market will come to an end. It is likely to take a new direction, please pay attention to the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.7 USDX has shifted from weak to strong2023.8.7 USDX has shifted from weak to strong
Hello, I'm Older Duan. Today is Monday, August 7th 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 weakening for two consecutive days, and today it is at 2.382 (102.29) in the top to bottom golden section of 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 peaked at a daily level of 55MA last Friday and continued to weaken today! So, for the rest of today, just use the daily level of 55MA, or 1944.22 US dollars, as an important point for intraday operations! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil hit a recent high last Friday, but was still suppressed by the opening price of April 17, 2023 ($82.456)! So, for the rest of today, just use this position as an important point during the day! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro rose sharply against the US dollar last Friday, but the daily closing was still suppressed by the recent bottom up gold split of 2.618, which was also the opening price on February 2, 2023 and the highest point on June 22, 2023! Today, the euro weakened against the US dollar, hitting the daily level of 55MA (1.09613)! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the GBP/USD has been engaged in a long short battle at the daily level of 55MA (1.27654) in recent trading days! So for the continuation period today, just use this position as an important point for operation during the day! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Monday, and it is likely to break out of the continuation of last Friday's non agricultural data market. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.3 USDX has entered a pressure intensive zone2023.8.3 USDX has entered a pressure intensive zone
Hello, I'm Older Duan. Today is Thursday, August 3rd 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index has entered the pressure intensive range with daily levels of 55MA (102.55), 144MA (102.71) and 165MA (102.87)!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold has fallen below the daily level moving average density range: 55MA ($1945.1), 144MA ($1948.2), 165MA ($1941.5)! Then, in the following days, we will continue to use the daily line level of 165MA, or $1941.5, as the important Bitwise operation operation in the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil tested strong support levels against yesterday and today, with the bottom of the daily level against the gold split of 2.000 USD and 79.00 USD! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro broke through the daily level of 55MA (1.09455) against the US dollar yesterday, and has now reached below this level! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound fell below the daily strong support level of 55MA against the US dollar yesterday, and yesterday and today's lows touched the recent bottom of the gold split at 2.000 (1.26793)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Thursday, there is a UK interest rate resolution tonight, and there will be NFP data market tomorrow evening. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.2 USD is about to hit strong pressure2023.8.2 USD is about to hit strong pressure, and US crude oil slightly weakening!
Hello, I'm Older Duan. Today is Wednesday, August 2nd 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index is about to hit the strong pressure daily level 55MA (102.554)!
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 broke through the daily strong support of 55MA ($1946) today! Then, in the following days today, the daily line level of 165MA, that is, $1941.57, will be taken as the important Bitwise operation in the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil is vying for a long short position at the bottom of the chart against the 2.382 position (81.97 US dollars) on the Golden Divide today! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro hit the daily level of 55MA (1.09378) against the US dollar yesterday! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, both yesterday and today's lows of the pound against the US dollar hit a daily strong support of 55MA (1.27462)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Wednesday, and there is ADP data market tonight. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.8.1 US crude oil is about to hit strong pressure!2023.8.1 US crude oil is about to hit strong pressure!
Hello, I'm Older Duan. Today is Tuesday, August 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 U.S. Dollar Index is about to hit 2.382 (102.234) of the top to bottom golden section!
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 is still engaged in a long short battle near the key position of $1960, which is also the 2.000 level of the gold split at the bottom of the figure and the highest point on February 2, 2023! Then, in the following days, we will continue to use the daily line level of 21MA, that is, $1956.64, as the important Bitwise operation operation in the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil continued to rise sharply yesterday, approaching the bottom of the chart at 2.382 ($81.97) above the gold split! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro weakened against the US dollar yesterday and today, and is about to hit a strong support level, with a daily level of 55MA (1.09326)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound against the US dollar is still undergoing inter district volatility consolidation between daily levels of 21MA (1.29203) and 55MA (1.27390)! Then in the future, these two positions can be used as the Bitwise operation of the important points in the day! Between two points, maintain a oscillatory and organized approach; Beyond these two points, maintain a strategy of chasing gains and killing losses!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Tuesday, the first trading day of August this year. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.7.31 US dollar cross star2023.7.31 US dollar cross star, non US currency precious metals rebound slightly, US crude oil is tight
Hello, I'm Older Duan. Today is Monday, July 31st 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the daily closing line of the U.S. Dollar Index last Friday is a cross star, which is a standard turning signal!
Now, let's look at gold.
Now you can see the daily chart of gold.
The figure superimposes the combination of gold's recent bottom-up golden section and Fibonacci parameter mean square!
As shown in the figure, gold hit multiple support levels last Friday and last Thursday, with daily levels of 55MA, 144MA, and 165MA, with a dense moving average range, and then rebounded to a key level near $1960. This position is also the 2.000 level on the bottom of the gold split in the figure, and the highest point on February 2, 2023! Then, in the following days today, the daily line level of 21MA, or $1954.75, will be taken as the important Bitwise operation in the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil surged last Friday and closed near its highest point, a standard bearish market! Then, in the following time today, the highest point of $80.52 on the previous Friday will be taken as the Bitwise operation of the day! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, after hitting the daily level of 55MA against the US dollar last Friday, the euro rebounded upwards and returned to the bottom of the chart at 2.618 (1.10121) on the gold split! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the GBP USD fluctuated between daily levels of 21MA (1.29222) and 55MA (1.27308) last Friday! Then in the future, these two positions can be used as the Bitwise operation of the important points in the day! Between two points, maintain a oscillatory and organized approach; Beyond these two points, maintain a strategy of chasing gains and killing losses!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Monday, the last trading day of July this year. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.7.27 gold breaks against the upper limit2023.7.27 gold breaks against the upper limit
Hello, I'm Older Duan. Today is Thursday, July 27th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index weakened for three consecutive trading days, and today it stepped back on the daily line of 13MA!
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 broke free from the key position of $1960 today, breaking the upper limit. This position is also the 2.000 level of the gold split in the figure, and it is also the highest point on February 2, 2023! Then, in the future today, the opening price of US $1977 on June 2, 2023 will be taken as the important Bitwise operation of the day! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, today is the fourth trading day for US crude oil to engage in a long short competition at 2.000 ($79.11)! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro rose sharply against the US dollar today and is about to hit a strong pressure level. The opening price on Monday is 1.11237! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound has strengthened against the US dollar for three consecutive trading days, breaking through the opening price of July 20th (1.29363) today! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Thursday, and tonight there will be ECB interest rate resolutions, US Unemployment Claims, and ECB President Lagarde's speech. Please pay attention to risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.7.26 USD has hit strong pressure2023.7.26 USD has hit strong pressure, and US crude oil has hit a new high in the near future!
Hello, I'm Older Duan. Today is Wednesday, July 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 U.S. Dollar Index peaked at 21MA, the daily line of strong pressure, and began to weaken 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 has been vying for long and short positions at a key position of $1960 for three consecutive days, which is also the 2.000 level of the golden section in the figure and the highest point on February 2, 2023! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil rose and fell yesterday, and the daily closing continued to be suppressed by the recent bottom up gold split of 2.000 ($79.11)! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the euro broke through the daily level of 21MA (1.10655) against the US dollar yesterday and peaked at this position today! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound rose sharply against the US dollar yesterday, swallowing up Monday's decline and returning to the daily level of 21MA (1.28968)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Wednesday, and there will be Fed rate -decisions tonight and early tomorrow morning. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
2023.7.25 USD has slightly declined, and US crude oil has surged2023.7.25 USD has slightly declined, the long short competition for gold is ongoing, and US crude oil has surged!
USD Index broke through the daily line level of 13MA and the top to bottom golden section of 2.618 yesterday. Today, it is down slightly!
Gold engaged in a long short battle at a key position of $1960 yesterday and today, which is also the 2.000 level of the gold split in the figure and the highest point on February 2, 2023!
US crude oil rose sharply yesterday, and both yesterday and today's highs were suppressed by the recent bottom against the 2.000 level (79.11 US dollars) of the Golden Divide!
2023.7.24 USD is strong, Gold is stepping back to support2023.7.24 USD is strong, gold is stepping back to support it, and US crude oil is strong!
Hello, I'm Older Duan. Today is Monday, July 24th 2023.
Now it's 17pm Beijing time.
Let me give you a quick comment on the technical forms of the current international mainstream varieties!
First, what we see is the daily graph of the dollar index.
As shown in the figure, the U.S. Dollar Index has returned to the top daily level of 13MA and the top to bottom golden section of 2.618!
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 retreated to a critical position of $1960 last Friday, which is also the 2.000 position of the gold split in the figure! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is daily level candle chart of US crude oil. The graph superimposes the recent bottom-up golden section of US crude oil and the Fibonacci parameter mean square combination!
As shown in the figure, US crude oil surged last Friday, breaking through the daily level of 233MA ($76.496) for the third time recently! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! Above this point, bulls dominate; Below this point, bears dominate!
Let's look at EURUSD.
What you can see now is the daily chart of EURUSD.
The figure superimposes the combination of European and American currencies against the recent bottom of the golden section and Fibonacci parameter mean square!
As shown in the figure, the daily line of the euro against the US dollar showed a small cross star pattern last Friday, which is the standard trading signal! Then, in the future, we can use today's opening price (1.11237) as the Bitwise operation of the day's important point! Above this position, bulls dominate; Under this position, bears dominate!
Finally, let's take a look at GBPUSD.
Now you can see the daily chart of GBPUSD.
The figure superimposes the combination of the recent bottom of the GBPUSD against the golden section and the Fibonacci parameter mean square!
As shown in the figure, the pound fell below the daily level of 21MA against the US dollar last Friday, and the daily closing line was below it. Today, it rose slightly and peaked at 21MA (1.28685)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this position, bulls dominate; Under this position, bears dominate!
Well, the above is a quick inventory of the technical forms of the international mainstream varieties in today's European period!
Special reminder, Today is Monday, and there is a Federal Reserve interest rate resolution this week. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!