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2023.6.16 Daily European Perspective USDX has plummeted !

EIGHTCAP:USOUSD   Spot WTI Crude Oil
2023.6.16 Daily European Perspective

USDX has plummeted !

Hello, I'm Older Duan. Today is Friday, June 16 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 broke down yesterday, breaking through the daily line level of 55MA and the top to bottom golden section of 2.382!

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, after breaking through the daily level of 144MA yesterday, gold rebounded to the 2.000 level (around $1960) of the bottom up 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 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 surged by $3 yesterday, returning above the integer level of $70. Both today and yesterday's highs are close to the daily level of 21MA ($71.09)! 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 rose sharply against each other yesterday, about to test last month's bearish starting point, which is the opening price on May 11, 2023 (1.09820)! 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, the pound US currency has hit a new high in recent times! Then in the future, the previous opening price of 1.28283, which was opening price on April 25, 2022, can be used as an important Bitwise operation 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 Friday, weekly line will be cloesd tonight! Please pay attention to the risks!!


Im Older Duan. Wish you happy win . Goodbye!

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