2023.8.2 USD is about to hit strong pressure2023.8.2 USD is about to hit strong pressure, and US crude oil slightly weakening!
Hello, I'm Older Duan. Today is Wednesday, August 2nd 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 is about to hit the strong pressure daily level 55MA (102.554)!
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 strong support of 55MA ($1946) today! Then, in the following days today, the daily line level of 165MA, that is, $1941.57, will be taken as the important Bitwise operation in the day! 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 is vying for a long short position at the bottom of the chart against the 2.382 position (81.97 US dollars) on the Golden Divide today! 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 euro hit the daily level of 55MA (1.09378) against the US dollar yesterday! 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!
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, both yesterday and today's lows of the pound against the US dollar hit a daily strong support of 55MA (1.27462)! 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 Wednesday, and there is ADP data market tonight. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Eurusd-3
GBPUSD I Short is up 100 pips 🎯 Long opportunity coming soonWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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2023.8.1 US crude oil is about to hit strong pressure!2023.8.1 US crude oil is about to hit strong pressure!
Hello, I'm Older Duan. Today is Tuesday, August 1st 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 is about to hit 2.382 (102.234) of the top to bottom golden section!
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 is still engaged in a long short battle near the key position of $1960, which is also the 2.000 level of the gold split at the bottom of the figure and the highest point on February 2, 2023! Then, in the following days, we will continue to use the daily line level of 21MA, that is, $1956.64, as the important Bitwise operation operation in the day! 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 continued to rise sharply yesterday, approaching the bottom of the chart at 2.382 ($81.97) above the gold split! 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 euro weakened against the US dollar yesterday and today, and is about to hit a strong support level, with a daily level of 55MA (1.09326)! 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!
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 against the US dollar is still undergoing inter district volatility consolidation between daily levels of 21MA (1.29203) and 55MA (1.27390)! Then in the future, these two positions can be used as the Bitwise operation of the important points in the day! Between two points, maintain a oscillatory and organized approach; Beyond these two points, maintain a strategy of chasing gains and killing losses!
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 Tuesday, the first trading day of August this year. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
EURUSD Technical Analysis and Trade IdeaThe EURUSD currency pair has retraced towards a significant resistance level. In the video, we conduct a comprehensive technical analysis, examining the trend, market structure, price action, and other essential aspects clearly visible on the chart. Towards the conclusion of the video, we explore a potential trade setup. It is important to note that the information covered in the video should not be interpreted as financial advice.
2023.7.31 US dollar cross star2023.7.31 US dollar cross star, non US currency precious metals rebound slightly, US crude oil is tight
Hello, I'm Older Duan. Today is Monday, July 31st 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 daily closing line of the U.S. Dollar Index last Friday is a cross star, which is a standard turning signal!
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 hit multiple support levels last Friday and last Thursday, with daily levels of 55MA, 144MA, and 165MA, with a dense moving average range, and then rebounded to a key level near $1960. This position is also the 2.000 level on the bottom of the gold split in the figure, and the highest point on February 2, 2023! Then, in the following days today, the daily line level of 21MA, or $1954.75, will be taken as the important Bitwise operation in the day! 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 and closed near its highest point, a standard bearish market! Then, in the following time today, the highest point of $80.52 on the previous Friday will be taken as the 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, after hitting the daily level of 55MA against the US dollar last Friday, the euro rebounded upwards and returned to the bottom of the chart at 2.618 (1.10121) on the gold split! 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!
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 GBP USD fluctuated between daily levels of 21MA (1.29222) and 55MA (1.27308) last Friday! Then in the future, these two positions can be used as the Bitwise operation of the important points in the day! Between two points, maintain a oscillatory and organized approach; Beyond these two points, maintain a strategy of chasing gains and killing losses!
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, the last trading day of July this year. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!
Exploring the effect of Data Releases 🗺️/ Week 4 July 23'Hey Everyone! Skip to 9:31 for the most Detailed Work
0:0 Top Down Review starting with Monthly
1:48 Weekly timeframe
4:01 Daily timeframe
6:07 4Hr timeframe
9:31 1Hr timeframe and breakdown of price action and news releases
Welcome back to another Video Analysis of Eurusd.
I begin from a Top-down analysis perspective, before I explore the 8 most important news releases of the week, and their impact on price behavior.
If you would like to see more Analysis like this please leave a rocket or comment below!
See you in the next Analysis!
-ShrewdCatFx
✨ MODIFICATION: EURUSD ✨ THE BIG PICTURE (5D)TECHNICAL ANALYSIS:
TP5 @ 1.2115 (closing ALL Buy Orders)
TP4 @ 1.17850 (shaving 25%)
TP3 @ 1.1250 (shaving 25%)
TP2 @ 1.1100 (shaving 25%)
TP1 @ 1.0933 (shaving 25%)
BLO1 @ 1.0820 ⏳
BLO2 @ 1.0800 ⏳
VIDEO TIMESTAMP:
00:00 ECB News
02:53 Where Do We Go From Here?
03:32 A Noisy Intermediate Time Frame (4H)
04:55 Key Support/Resistance Levels (4H)
06:01 Institutional Buying Targets
06:42 Safe Haven Currencies
05:52 Interest Rates and Safe Haven Currencies
08:47 Position Sizing with R:R @ 1:1
10:20 Best Buying Opportunities ⭐
11:04 The BIG PICTURE Analysis ⭐
13:28 BIG PICTURE Anticipatory Trend
16:31 Boost, Follow, Comment, Join
FUNDAMENTAL ANALYSIS:
During today's EUR News trading session, the EURUSD initially tried to rally or, as we call it, exhibited a false positive. Still, the market gave back gains as the European Central Bank raised its key interest rates as anticipated by 25 basis points up from 3.50% to 3.75%. So, considering this, where is Price Action going from here?
Since April 02, 2023, @ 18:00, it's been a very noisy range. This range is our current price curve analysis. It lands between the Pivot Low of 1.0788 and the Pivot High of 1.1095 and, therefore, places Support @ 1.0945 and Resistance @ 1.1086.
Based on the 4H chart, we should be clear for a downtrend breakout if price action opens and closes below our Support Level. A breakout pattern to the downside would also mean Price Action is pulling back from its BIG PICTURE uptrend pattern. Therefore, we should find Institutional Buying Targets around 1.0820 and 1.0800.
Considering the US dollar to "safe-haven" currencies like JPY or CHF, we need to be cautious about our position sizing because this will continue to be a volatile range. We're going to have to "ride the wave" professionally.
Right now, I see a lot of short-term buying and selling opportunities until Price Action reaches its 4-hour Demand Zone around 1..0800. Once we're there, the longer-term opportunity to buy will be ours.
EURUSD ain't coming down YET!In this idea- I show you how my Sniper Trading system works- in confluence witn the bias of the day. Also in this idea is crucial Market mechanics and Mindset that you can use and apply and leverage in the markets daily. Included is very High level trading Information that NOBODY else is teaching you: probably because THEY DON'T KNOW or want to keep you dependent. I want you to become independent and successful, complete Profitable Trader in the markets. That's why I share the invaluable knowledge that I KNOW.
This is a great idea. Study it. Study it again. And Again. It will bless you in your pursuit of market mastery.
Sniper Gang
Mentorship.
AUDUSD I It will correct upwardWelcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD I Brief short and break of rangeWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Leftover Momentum to end the Week? 😶🌫️// EurusdCurrent Price 1.097
0:0 Monthly timeframe
1:36 Weekly timeframe
3:51 Daily timeframe
5:10 Bias for friday
6:14 4hr timeframe
10:15 1hr timeframe
Hello Everyone welcome back to another analysis. Eurusd increased 30 pips against us before dropping 130 Pips in our favor today after we called out a short analysis prior to the last london session 24 hours ago. Quite the engulfing candle created today with expected and priced in EUR interest rates and 2 better than expected USD data points, GDP and Unemployment putting the nail in the coffin so to speak for USD bulls. Alot of momentum today and I'm antincipating some to be left over and continue on to friday. I'm thinking we can get a touch into the 1.09462 4hr support zone but unsure what'll occur after that. Inflation data may act as a catalsyt to keep dropping in favor of USD or we will see the Weekly candle pullback up and create a bottom wick as we close out the week. The latter implies a bullish NY session tomorrow to end the week.
3 Entries On EUR/USD Fully Closed +680 Pips , New Entry Valid This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURUSD H4 | Bullish reversal off 78.6% Fibo projectionBased on the H4 chart analysis, we can see that the price is currently approaching our buy entry at 1.09480, which is an overlap support level that aligns with 78.6% Fibo projection level.
Our take profit will be at 1.11390, which is a recent swing-high resistance.
The stop loss will be set at 1.08352, which is a multi-swing low support level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
EurUsd -> One Of Two Scenarios!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of EurUsd💪
EurUsd just perfectly retested and already rejected the 0.618 fibonacci level in confluence with a retest of previous support which was after the break turned strong resistance.
EurUsd is also now approaching weekly support and also the bottom of the solid rising channel so after some bullish rejection it will be quite likely that EurUsd provides more bullish upside.
With today's crazy volatile candle EurUsd is also now retesting previous daily market structure - however I am definitely waiting for some bullish rejection at this zone because there is no reason to try to catch a falling knife.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
USDCHF I Brief short and break of neckline Welcome back! Let me know your thoughts in the comments!
** USDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURUSD I Approaching previous structureWelcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Price is on a steep ascent? 🥀 EurusdWelcome back to another Eurusd Video Analysis
0:0 Monhtly timeframe
1:25 Weekly timeframe
3:10 Daily timeframe
6:02 4Hr tiemframe
6:53 1hr timeframe
10:00 Bias for the session
I'm looking for a pullback with London Session. This is because we have seen that price created an aggressive 33 Pip push up with asian session and eurusd has pulled up early in the daily candle. We have clean traffic back down to 1.1078 on the 1hr timeframe. We have an additional clean range from 1.1078 to 1.1056. If price decides to continue it's ascent, we have a solid range in which we have already tapped into with asian session. This range extends from 1.11 1hr zone to 1.11359 4hr resistance zone. If we go Up I see us retesting 1.1078 anyways during NY session if we don't do it with London. The 4hr just failed to close above 1.11 prior to london session. We may go to retest 1.11178 daily high with Eur interest rates, we'll see.
EURUSD H4 | Bearish reversal off 50% FiboBased on the H4 chart analysis, we can see that the price is approaching our sell entry at 1.11449, which is a pullback resistance that aligns with the 50% Fibonacci retracement level.
Our take profit will be at 1.10435, which is an overlap support at the recent swing-low.
The stop loss will be set at 1.12205 which is an overlap resistance that aligns with the 78.6 Fibonacci retracement level.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
2023.7.27 gold breaks against the upper limit2023.7.27 gold breaks against the upper limit
Hello, I'm Older Duan. Today is Thursday, July 27th 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 weakened for three consecutive trading days, and today it stepped back on the daily line of 13MA!
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 free from the key position of $1960 today, breaking the upper limit. This position is also the 2.000 level of the gold split in the figure, and it is also the highest point on February 2, 2023! Then, in the future today, the opening price of US $1977 on June 2, 2023 will be taken as the important Bitwise operation of the day! 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, today is the fourth trading day for US crude oil to engage in a long short competition at 2.000 ($79.11)! 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 euro rose sharply against the US dollar today and is about to hit a strong pressure level. The opening price on Monday is 1.11237! 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!
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 strengthened against the US dollar for three consecutive trading days, breaking through the opening price of July 20th (1.29363) today! 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 Thursday, and tonight there will be ECB interest rate resolutions, US Unemployment Claims, and ECB President Lagarde's speech. Please pay attention to risks.
Im Older Duan. Wish you happy win . Goodbye!
EURUSD H4 | Bearish reaction off 23.6% fibo?Price is right below our sell entry at 1.1083, which is an overlap support key level, and at the 23.6% fibo retracement level. Take profit is at 1.1022, which is before the 61.8% fibo retracement level. Stop loss is at 1.11561, which is beyond the previous swing high.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Forex Capital Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM EU LTD (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FXCM Australia Pty. Limited (www.fxcm.com): **
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
FXCM Markets LLC (www.fxcm.com):
Losses can exceed deposits.
2023.7.26 USD has hit strong pressure2023.7.26 USD has hit strong pressure, and US crude oil has hit a new high in the near future!
Hello, I'm Older Duan. Today is Wednesday, July 26th 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 peaked at 21MA, the daily line of strong pressure, and began to weaken 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 has been vying for long and short positions at a key position of $1960 for three consecutive days, which is also the 2.000 level of the golden section in the figure and the highest point on February 2, 2023! 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 rose and fell yesterday, and the daily closing continued to be suppressed by the recent bottom up gold split of 2.000 ($79.11)! 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 euro broke through the daily level of 21MA (1.10655) against the US dollar yesterday and peaked at this position today! 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!
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 rose sharply against the US dollar yesterday, swallowing up Monday's decline and returning to the daily level of 21MA (1.28968)! 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 Wednesday, and there will be Fed rate -decisions tonight and early tomorrow morning. Please be aware of the risks.
Im Older Duan. Wish you happy win . Goodbye!