2023.8.10 USOUSD continues to soar!
2023.8.10 USOUSD continues to soar!
Hello, I'm Older Duan. Today is Thursday, August 10th 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 weakened again today, breaking through the 2.382 (102.29) gold split at the top of the daily level!
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 already broken through the strong support level of $1919.4, which is the opening price of last month. The latest support is the daily level of 233MA ($1906.33)! 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 surged again yesterday, breaking through the 2.618 level ($83.69) of the daily bottom to gold split and the 377MA level ($83.28) of the daily level. Now, the latest pressure level for US crude oil has reached the opening price of November 17, 2022 ($84.61)! So, for the rest of today, just use the opening price of November 17, 2022 ($84.61) as an important intraday point for 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 continued to strengthen against the US dollar yesterday and today, breaking through the daily level of 55MA (1.09770) and the daily level of 2.618 (1.10115) above the gold split at the bottom. Now, the latest pressure level for the euro against the US dollar has reached the daily level of 21MA (1.10418)! So for the continuation period today, just use the daily line level 21MA (1.10418) as the important point operation for 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 pound peaked at a daily level of 55MA (1.27831) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we can continue to operate at the daily level 55MA (1.27831) as an important point during 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 Thursday, and tonight there is a five-star data market for US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Thursday, August 10th 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 weakened again today, breaking through the 2.382 (102.29) gold split at the top of the daily level!
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 already broken through the strong support level of $1919.4, which is the opening price of last month. The latest support is the daily level of 233MA ($1906.33)! 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 surged again yesterday, breaking through the 2.618 level ($83.69) of the daily bottom to gold split and the 377MA level ($83.28) of the daily level. Now, the latest pressure level for US crude oil has reached the opening price of November 17, 2022 ($84.61)! So, for the rest of today, just use the opening price of November 17, 2022 ($84.61) as an important intraday point for 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 continued to strengthen against the US dollar yesterday and today, breaking through the daily level of 55MA (1.09770) and the daily level of 2.618 (1.10115) above the gold split at the bottom. Now, the latest pressure level for the euro against the US dollar has reached the daily level of 21MA (1.10418)! So for the continuation period today, just use the daily line level 21MA (1.10418) as the important point operation for 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 pound peaked at a daily level of 55MA (1.27831) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we can continue to operate at the daily level 55MA (1.27831) as an important point during 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 Thursday, and tonight there is a five-star data market for US CPI data. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.