2023.6.5 Daily European Perspective USDX is strengthening!
2023.6.5 Daily European Perspective USDX is strengthening!
Hello, I'm Older Duan. Today is Monday, June 5 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 US dollar index started to strengthen again last Friday, and today is the fourth time in recent history that it has tested the strong pressure on the daily line of 165MA (104.39)!
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 decline of gold last Friday and today has swallowed up the increase of last week! So, for the rest of today, the opening price of the previous week's line (1942.7 US dollars) can be used as an important point for intraday operations! Above this point, bulls dominate; Below this point, 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 hit a recent high above $74 due to the stimulation of the news! So, for the rest of today, just use the daily level of 55MA (74.35 US dollars) as an important point for intraday operations! 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 are currently engaged in a long short battle against the opening price of the first trading day of this month (1.06926)! 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 pound US currency is currently engaged in a long short competition near the opening price (1.24034) on the last trading day of last month! So for the continuation period today, just use this position as an important point for operation during 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 Monday, and the impact of last Friday's big non agricultural data market will continue until tomorrow! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Monday, June 5 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 US dollar index started to strengthen again last Friday, and today is the fourth time in recent history that it has tested the strong pressure on the daily line of 165MA (104.39)!
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 decline of gold last Friday and today has swallowed up the increase of last week! So, for the rest of today, the opening price of the previous week's line (1942.7 US dollars) can be used as an important point for intraday operations! Above this point, bulls dominate; Below this point, 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 hit a recent high above $74 due to the stimulation of the news! So, for the rest of today, just use the daily level of 55MA (74.35 US dollars) as an important point for intraday operations! 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 are currently engaged in a long short battle against the opening price of the first trading day of this month (1.06926)! 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 pound US currency is currently engaged in a long short competition near the opening price (1.24034) on the last trading day of last month! So for the continuation period today, just use this position as an important point for operation during 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 Monday, and the impact of last Friday's big non agricultural data market will continue until tomorrow! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!