2023.6.13 Daily European Perspective USDX is weakening again !
2023.6.13 Daily European Perspective
USDX is weakening again !
Hello, I'm Older Duan. Today is Tuesday, June 13 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 began to weaken today after reaching its peak of 21MA yesterday and last Friday!
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 competing for three consecutive trading days at the bottom of the daily level, near the 2.000 level (1960 US dollars) of 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 position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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, reaching the recent bottom and engaging in a long short battle against the gold split's 0.382 level (around $67.1)! 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, European and American currencies peaked near the daily line of 144MA (1.07921) yesterday and continued to rise upwards 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, although the pound US currency closed negative on the daily trading day yesterday, it is still the most powerful among all non US currencies and precious metals in recent times overall! Then, in the subsequent period of this day, the opening price (1.25792) of yesterday will be taken as the Bitwise operation of the important point in the day! Above this point, bulls dominate; Below this point, 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 will be a five-star data release for the US CPI! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
USDX is weakening again !
Hello, I'm Older Duan. Today is Tuesday, June 13 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 began to weaken today after reaching its peak of 21MA yesterday and last Friday!
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 competing for three consecutive trading days at the bottom of the daily level, near the 2.000 level (1960 US dollars) of 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 position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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, reaching the recent bottom and engaging in a long short battle against the gold split's 0.382 level (around $67.1)! 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, European and American currencies peaked near the daily line of 144MA (1.07921) yesterday and continued to rise upwards 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, although the pound US currency closed negative on the daily trading day yesterday, it is still the most powerful among all non US currencies and precious metals in recent times overall! Then, in the subsequent period of this day, the opening price (1.25792) of yesterday will be taken as the Bitwise operation of the important point in the day! Above this point, bulls dominate; Below this point, 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 will be a five-star data release for the US CPI! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!