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2023.7.18 USD continues to weaken

FX:EURUSD   Euro / U.S. Dollar
2023.7.18 USD continues to weaken

Hello, I'm Older Duan. Today is Tuesday, July 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 line of the U.S. Dollar Index yesterday showed a small 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, yesterday's low point of gold hit the daily long short divide of 55MA (1946 US dollars), and today it begins to break against the upper limit! Then, later today, just use $1960 as an 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, the long shadow line of US crude oil yesterday was due to the influence of false news in the market, and US crude oil began to weaken today! Then, the opening price (74.11) of today will be taken as the Bitwise operation of the important point in the day later today! 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 long down shadow line and a small positive line yesterday. Today, it continues to break and rise sharply against the upper limit! Then in the subsequent period of this day, the 1.13000 integer pass will be taken 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 against the US dollar has been suppressed for four consecutive trading days by the bottom up gold split's 2.382 level (around 1.31300)! 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 Tuesday, and tonight there is "horror data" on the monthly retail rate in the United States. Please be aware of the risks!


Im Older Duan. Wish you happy win . Goodbye!

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