2023.8.30 precious metals are stronger than non US currencies
2023.8.30 precious metals are stronger than non US currencies
Hello, I'm Older Duan. Today is Wednesday, August 30th 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 accelerated its decline yesterday and started to strengthen again today!
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 broke through the daily level long short divide yesterday, with a daily level 55 moving average of $1931, and the next pressure level is at the daily level 165 moving average ($1944.27)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down!
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 rose sharply yesterday, breaking the daily 21 moving average ($80.781) and about to challenge the daily 233 moving average ($81.810)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down!
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 rose sharply against the US dollar yesterday, reaching its highest point near the daily level 21 moving average (1.08952)! So for the continuation period today, just continue to use this position as an important point for 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 has accelerated its rise against the US dollar, but the increase is still relatively small! So for the continuation period today, we can continue to use the lowest point of 1.26158 on August 14, 2023 as the important point for the day! 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 Wednesday, and the monthly line for August is about to close. This week, we will see the big non farm data market for September, and tonight there will be ADP small non farm data and US crude oil inventory data EIA. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Wednesday, August 30th 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 accelerated its decline yesterday and started to strengthen again today!
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 broke through the daily level long short divide yesterday, with a daily level 55 moving average of $1931, and the next pressure level is at the daily level 165 moving average ($1944.27)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down!
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 rose sharply yesterday, breaking the daily 21 moving average ($80.781) and about to challenge the daily 233 moving average ($81.810)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down!
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 rose sharply against the US dollar yesterday, reaching its highest point near the daily level 21 moving average (1.08952)! So for the continuation period today, just continue to use this position as an important point for 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 has accelerated its rise against the US dollar, but the increase is still relatively small! So for the continuation period today, we can continue to use the lowest point of 1.26158 on August 14, 2023 as the important point for the day! 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 Wednesday, and the monthly line for August is about to close. This week, we will see the big non farm data market for September, and tonight there will be ADP small non farm data and US crude oil inventory data EIA. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!