2023.8.9 US crude oil has reversed its deep V
Hello, I'm Older Duan. Today is Wednesday, August 9th 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 opening price of the US dollar index today is clearly above the daily level of 55MA, and the upper space is once again open!
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 fell yesterday, but still did not hit the strong support level of $1919.4, which is the opening price of last month! So, for the rest of today, just use this position as an important point during 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, US crude oil fell first yesterday and then rose, with a large V-shaped reversal! So, for the rest of today, just use the opening price of August 7, 2023 at $82.577 as the important intraday point 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, the euro broke through the daily level of 55MA (1.09711) against the US dollar yesterday, and today it has returned to this position to engage in long short competition! 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 lowest point of the pound against the US dollar yesterday hit the recent bottom of 2.000 against the Golden Divide, which is also the highest point of 1.26793 on May 10, 2023. The pound is about to rise sharply against the US dollar! So for the continuation period today, just use the daily line level 55MA (1.27783) as the important point operation for the day! 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 Wednesday, there will be EIA crude oil inventory data tonight, and tomorrow night there will be five-star data on US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Wednesday, August 9th 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 opening price of the US dollar index today is clearly above the daily level of 55MA, and the upper space is once again open!
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 fell yesterday, but still did not hit the strong support level of $1919.4, which is the opening price of last month! So, for the rest of today, just use this position as an important point during 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, US crude oil fell first yesterday and then rose, with a large V-shaped reversal! So, for the rest of today, just use the opening price of August 7, 2023 at $82.577 as the important intraday point 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, the euro broke through the daily level of 55MA (1.09711) against the US dollar yesterday, and today it has returned to this position to engage in long short competition! 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 lowest point of the pound against the US dollar yesterday hit the recent bottom of 2.000 against the Golden Divide, which is also the highest point of 1.26793 on May 10, 2023. The pound is about to rise sharply against the US dollar! So for the continuation period today, just use the daily line level 55MA (1.27783) as the important point operation for the day! 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 Wednesday, there will be EIA crude oil inventory data tonight, and tomorrow night there will be five-star data on US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!