2023.9.1 USD strengthens, the euro plummets, and US crude oil challenges strong pressure for the third time!
Hello, I'm Older Duan. Today is Friday, September 1st 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 rose yesterday, and yesterday's positive physical part swallowed up the negative physical part of the day before yesterday!
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 picture, gold fell slightly yesterday and strengthened again today! So, for the rest of today, just use today's opening price of $1939.74 as an important intraday point operation! 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 has released bullish momentum for six consecutive trading days, and the probability is about to reverse downward! So, for the rest of today, just use the opening price of August 10, 2023 at $83.659 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!
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 fell sharply against the US dollar yesterday, swallowing up the gains of previous trading days! So for the continuation period today, just use the daily level 233 moving average (1.08242) 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 against the US dollar has been engaged in a long short competition near the daily 21 moving average of 1.26847 in the past three trading days! So for the continuation period today, just use the daily 21 moving average of 1.26847 as an important point for the day operation! 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 Friday, the first trading day of September, and tonight will usher in the big non agricultural data market for September. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Friday, September 1st 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 rose yesterday, and yesterday's positive physical part swallowed up the negative physical part of the day before yesterday!
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 picture, gold fell slightly yesterday and strengthened again today! So, for the rest of today, just use today's opening price of $1939.74 as an important intraday point operation! 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 has released bullish momentum for six consecutive trading days, and the probability is about to reverse downward! So, for the rest of today, just use the opening price of August 10, 2023 at $83.659 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!
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 fell sharply against the US dollar yesterday, swallowing up the gains of previous trading days! So for the continuation period today, just use the daily level 233 moving average (1.08242) 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 against the US dollar has been engaged in a long short competition near the daily 21 moving average of 1.26847 in the past three trading days! So for the continuation period today, just use the daily 21 moving average of 1.26847 as an important point for the day operation! 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 Friday, the first trading day of September, and tonight will usher in the big non agricultural data market for September. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!