Think_More

2023.9.18 UScrud bulls are reveling

FX:EURUSD   Euro / U.S. Dollar
2023.9.18 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!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.