2023.7.24 USD is strong, Gold is stepping back to support
2023.7.24 USD is strong, gold is stepping back to support it, and US crude oil is strong!
Hello, I'm Older Duan. Today is Monday, July 24th 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 returned to the top daily level of 13MA and the top to bottom golden section of 2.618!
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 retreated to a critical position of $1960 last Friday, which is also the 2.000 position of the gold split in the figure! 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 last Friday, breaking through the daily level of 233MA ($76.496) for the third time recently! 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 daily line of the euro against the US dollar showed a small cross star pattern last Friday, which is the standard trading signal! Then, in the future, we can use today's opening price (1.11237) as the Bitwise operation of the day's important point! 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 fell below the daily level of 21MA against the US dollar last Friday, and the daily closing line was below it. Today, it rose slightly and peaked at 21MA (1.28685)! 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 there is a Federal Reserve interest rate resolution this week. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Monday, July 24th 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 returned to the top daily level of 13MA and the top to bottom golden section of 2.618!
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 retreated to a critical position of $1960 last Friday, which is also the 2.000 position of the gold split in the figure! 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 last Friday, breaking through the daily level of 233MA ($76.496) for the third time recently! 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 daily line of the euro against the US dollar showed a small cross star pattern last Friday, which is the standard trading signal! Then, in the future, we can use today's opening price (1.11237) as the Bitwise operation of the day's important point! 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 fell below the daily level of 21MA against the US dollar last Friday, and the daily closing line was below it. Today, it rose slightly and peaked at 21MA (1.28685)! 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 there is a Federal Reserve interest rate resolution this week. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!