2023.6.21 Daily European Perspective GBP long-short competition2023.6.21 Daily European Perspective
GBPUSD is showing a long-short competition!
Hello, I'm Older Duan. Today is Wednesday, June 21 2023.
Now it's 16pm 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 competed for positions below the daily level 55MA in the last three trading days!
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 through the daily level 144MA (1936.42 US dollars) yesterday, and today it is engaged in a long short competition near this position! 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, yesterday's daily closing of US crude oil showed a larger level of cross star, indicating an intensification of long and short competition! Then, in the following days today, the recent bottom to top golden section of 1.000 ($71.68) will be taken as the important 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, the daily closing of the euro against the US dollar showed a larger level of cross star pattern yesterday, indicating an intensification of long short competition! Then, in the future period of this day, take today's opening price (1.09189) as the important Bitwise operation of 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 US currency showed a long down shadow against yesterday's daily line, and today's daily line is currently showing a long up shadow, which is a sign of the standard relatively high triangle arrangement pattern! So for the continuation period today, just use today's opening price (1.27646) as an important point 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, as Monday is a legal holiday in the United States, the regular data market has been compressed to tomorrow, so tonight's market will go out of the expected trend! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
