EURUSD is Going weak soon !
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 at the daily level last Friday!
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 engaged in long short competition near daily levels of 144MA ($1938) and 165MA ($1922) in the past 5 trading days! Then, the following time today, just use these two positions as the important points in the day Bitwise 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 daily line of US crude oil showed a solid large negative line last Thursday, while the daily line last Friday showed a long down shadow line and a small positive line. This pattern indicates a high probability of maintaining a volatile consolidation in the short term! Then, in the following time today, we can take today's opening price ($69.98) as the important Bitwise operation of the day! 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 shadow line of the euro against the US dollar last Friday is almost the same length as the shadow line of the physical part! Then, in the future period of this day, take today's opening price (1.09055) 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 lowest point of the pound US dollar against last Friday was precisely the highest point on May 10, 2023, and it is also the 2.000 level of the bottom up golden section! Then in the future, we can use today's opening price (1.27283) as the Bitwise operation of the day! 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, as this week is the last trading week of June, the closing line! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
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 at the daily level last Friday!
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 engaged in long short competition near daily levels of 144MA ($1938) and 165MA ($1922) in the past 5 trading days! Then, the following time today, just use these two positions as the important points in the day Bitwise 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 daily line of US crude oil showed a solid large negative line last Thursday, while the daily line last Friday showed a long down shadow line and a small positive line. This pattern indicates a high probability of maintaining a volatile consolidation in the short term! Then, in the following time today, we can take today's opening price ($69.98) as the important Bitwise operation of the day! 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 shadow line of the euro against the US dollar last Friday is almost the same length as the shadow line of the physical part! Then, in the future period of this day, take today's opening price (1.09055) 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 lowest point of the pound US dollar against last Friday was precisely the highest point on May 10, 2023, and it is also the 2.000 level of the bottom up golden section! Then in the future, we can use today's opening price (1.27283) as the Bitwise operation of the day! 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, as this week is the last trading week of June, the closing line! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
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