Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
2023.6.27 Daily European Perspective USD is weakening, silver is the strongest among non US currencies and precious metals, and US crude oil is about to start! Hello, I'm Older Duan. Today is Tuesday, June 27 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,...
EURUSD is Going weak soon ! Hello, I'm Older Duan. Today is Monday, June 26 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 returned to the key position above 55MA...
The USOILSPOT market witnessed a remarkable surge in momentum last week, fueled by positive economic data from the Chinese government. As a result, USOILSPOT closed around the $72.00 zone, allowing us to secure over 500 pips in profit through multiple entries. The rise in oil prices was primarily driven by increased Chinese demand and supply cuts from OPEC+....
2023.6.21 Daily European Perspective GBPUSD is showing a long-short competition! Hello, I'm Older Duan. Today is Wednesday, June 21 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...
Hey guys, Lets look at US OIL. Tracking oil markets is far easier as sentiment comments in the news don't really need deciphering. We saw large periods of harsh and rash movement + extreme prices based on high volatility Trading and news influx. Now, the story is different and people are not rushing to buy oil on the black market or making contingency...
2023.6.20 Daily European Perspective USOil is changing ! Hello, I'm Older Duan. Today is Tuesday, June 20 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 daily line of the U.S....
2023.6.19 Daily European Perspective On the third day of the weakest range of USD daily line, US crude oil bulls are weak! Hello, I'm Older Duan. Today is Monday, June 19 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...
The oil market has experienced significant volatility throughout the week, starting with a price spike due to Saudi Arabia's one million barrel production cut, followed by a plunge in prices after the US and Iran denied a temporary nuclear deal. Despite the highly-publicized Saudi output cut, US Oil prices saw another decline at the end of last week. As we...
WTICO/USD: • If price pushes up to and ideally just above our outer structure upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and ideally just above the upper rayline...
Today's focus: Oil Pattern – Descending Triangle Possible targets – 64.06 73.22 Support – 67.05 Resistance – 72.22 74.15 Hi, and thanks for looking at today’s update. Our attention is on oil after yesterday’s sharp selling took price back to key support. This level has held firm for buyers, but could this be the fourth time lucky for sellers? So far, production...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Trading Investing is not about guessing. It is about having the ability to identify key areas and then manage risk. Obviously, my style is not I got 3 pips I am taking profits and I am out! On to the next trade. My style is about capturing big waves with a lot of meat on that bone. Set it and forget is far more profitable than the 3 pip Death by 1000 paper...
Join me as we delve into the fundamental factors surrounding the upcoming OPEC+ meeting, taking place over the weekend. During this crucial gathering, OPEC+ members are expected to make important decisions regarding new production cut levels. These measures aim to regain control of oil prices by counteracting the influence of short-sellers and maintaining a target...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
2023.6.2 Daily European Perspective GBP is strengthening ! Hello, I'm Older Duan. Today is Friday, June 2 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 US dollar index fell...
5.30.23 I think this is a great trade to think about for oil because it actually gave a signal to go long and then It reversed and there would have been a loss,But it could have been managed with a small loss ...But this was a great setup to actually short the market.... and equally as important the market still had a correction they gave you a second opportunity...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil