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2023.7.17 US crude Oil falls!

EIGHTCAP:USOUSD   Spot WTI Crude Oil
2023.7.17 US crude Oil falls!

Hello, I'm Older Duan. Today is Monday, July 17th 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 U.S. Dollar Index has fought for long and short positions near the daily level 610MA in the last two trading days!

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 trading at the daily level long short divide of 55MA ($1947) in the past two trading days, as well as the bottom up gold split of 2.000, which is also the highest point on February 2, 2023 ($1959.69), engaging in long short competition! Then, the following time today, just continue to use these two positions as the important points of the day Bitwise operation operation! Above these two positions, bulls dominate; Below these two positions, 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, the lowest point of US crude oil today hit the daily level of 144MA (74.21 US dollars)! 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, the euro has shown a high sideways trend against the US dollar in the past two trading days, with a sluggish trend among bulls! Then, in the future period of this day, take today's opening price (1.12265) as the important Bitwise operation of 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 highest point of the pound against the US dollar last week was suppressed by strong pressure, which is the bottom of the gold split at 2.382 (around 1.31300)! 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!


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 tomorrow night there will be "horror data" on the monthly retail rate in the United States. Please pay attention to the risks!


Im Older Duan. Wish you happy win . Goodbye!

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