2023.6.12 Daily European Perspective Daily peak of USD is 21MA2023.6.12 Daily European Perspective
Daily peak of USD is 21MA
Hello, I'm Older Duan. Today is Monday, June 12 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 tested the daily line 21MA twice last Friday and 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 showed a pattern of long short competition at the bottom of the daily level last Friday and today, near the 2.000 level (1960 US dollars) of 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 position, bulls dominate; Below this position, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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 weaken from last Friday to today, and today's lowest point has already hit the daily level bottom near the 0.618 level (68.9 US dollars) of 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, European and American currencies continued to be weak against last Friday and today, with both lows hitting strong support levels at the daily level of 21MA (1.07423)! 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 to dollar ratio remains the strongest among non US currencies and precious metals! Then in the future, we can use today's opening price (1.25792) as the Bitwise operation of the day! Above this point, bulls dominate; Below this point, 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, and tomorrow there will be a five-star data release for the US CPI! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Eurusd-4
USDJPY I Potential upside and CPI Report ForecastWelcome back! Let me know your thoughts in the comments!
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EURAUD I Short-term bounce from demand zoneWelcome back! Let me know your thoughts in the comments!
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My Reasons To Made More Than 1500 Pips Show In This Video EnjoyThis 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.
2023.9.6 Daily European Perspective USDX has plummeted !2023.9.6 Daily European Perspective
USDX has plummeted !
Hello, I'm Older Duan. Today is Friday, June 9 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 broke through multiple support levels yesterday, and today it returns to the top daily line of 21MA!
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 completely swallowed the previous day's decline yesterday and returned to the bottom of the daily level, above the 2.000 gold split ($1960) and the 21MA daily level ($1961.6)! 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 4-hour 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 lowest point of US crude oil yesterday hit around the recent bottom of 0.618 (68.9 US dollars) against the golden ratio! Then, in the following days today, we will continue to use the daily line level of 21MA ($71.59) as an important Bitwise operation 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, European and American currencies have continuously broken levels against each other yesterday, returning to multiple pressure levels. Yesterday and today, their highest points have peaked near the daily line of 144MA (1.07900)! 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 to dollar exchange rate is clearly the strongest among non US currencies and precious metals! Then in the future, we can use today's opening price (1.25573) as the important Bitwise operation of the day! Above this point, bulls dominate; Below this point, 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 Friday, the weekly line will be closed tonight! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
EUR/USD +160 Pips , New Entry Added After Daily Closure !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.
2023.6.8 Daily European Perspective USOil is shaping triangular2023.6.8 Daily European Perspective
USOil is shaping triangular
Hello, I'm Older Duan. Today is Thursday, June 8 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, today is the eighth day for the U.S. Dollar Index to sort out under pressure!
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 now shows a standard high point continuously moving downwards, while the low point remains in a horizontal flag shaped oscillation shape! Then, later today, take the 2.000 digits ($1960) from the bottom of the daily line to the top of the golden section as the important Bitwise operation of the day! Above this point, bulls dominate; Below this point, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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 currently competing in the dense range of the four hour moving average! Then, in the future, we will continue to use the daily line level of 21MA ($71.69) as an important Bitwise operation operation in 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, in the past three trading days, European and American currencies have shown a large fluctuation pattern of rising high points and decreasing low points against each other! Then, in the future period of this day, take today's opening price (1.07063) 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 pound US dollar broke through the key position of daily level 55MA (1.24638) yesterday, but did not close on it! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! Above this point, bulls dominate; Below this point, 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 the weekly line will be closed tomorrow! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Do not ignore China's economyHello everyone,
In this update i talk about some macro events that you should take into consideration. I think China is a wild card that everyone is ignoring and more focused on the fed. China is the 2nd largest economy and if they suffer everyone else that exports/imports will have to suffer as well. Its a full circle unfortunately.
The surprises this week were RBA and BOC. Some market participants think that the fed won't push the pedal but i think they will and will catch everyone off guard. By end of summer SPX could be at 3700. Either way we are data dependant and we will see if we are going for a hard landing or a soft landing. Patience will be key and i am not married to my bias, i will change it if the data is suggesting so.
Wishing you a great week! If you have questions feel free to ask me anything
EurUsd -> Initiating The ReversalHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that EurUsd is currently approaching a quite obvious previous weekly support area at the $1.065 level which is acting as support again.
You can also see that weekly moving averages and market structure is still bullish, EurUsd is also retesting the lower support of a rising parallel channel so I simply do expect some consolidation at the current level and then a rejection away towards the upside.
On the daily timeframe you can see that EurUsd is still creating bearish market structure but it seems like there is support at the $1.07 level so I am now just waiting for a break above the next resistance at $1.077 and then I do expect a rally towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
USDJPY I Bullish breakout Welcome back! Let me know your thoughts in the comments!
** USDJPY 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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2023.6.5 Daily European Perspective USDX is strengthening!2023.6.5 Daily European Perspective USDX is strengthening!
Hello, I'm Older Duan. Today is Monday, June 5 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 started to strengthen again last Friday, and today is the fourth time in recent history that it has tested the strong pressure on the daily line of 165MA (104.39)!
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, the decline of gold last Friday and today has swallowed up the increase of last week! So, for the rest of today, the opening price of the previous week's line (1942.7 US dollars) can be used as an important point for intraday operations! Above this point, bulls dominate; Below this point, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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 hit a recent high above $74 due to the stimulation of the news! So, for the rest of today, just use the daily level of 55MA (74.35 US dollars) as an important point for intraday operations! 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, European and American currencies are currently engaged in a long short battle against the opening price of the first trading day of this month (1.06926)! So for the continuation period today, just use this position as an important point for operation during 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 US currency is currently engaged in a long short competition near the opening price (1.24034) on the last trading day of last month! So for the continuation period today, just use this position as an important point for operation during the day! Above this point, bulls dominate; Below this point, 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, and the impact of last Friday's big non agricultural data market will continue until tomorrow! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
GBPUSD Trade Update I Target reached 🔥Welcome back! Let me know your thoughts in the comments!
** GBPUSD Trade Update - Listen to video!
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GBPUSD I It will be heading downward Welcome 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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USDJPY I Expect to rise after 339K May NFP report Welcome back! Let me know your thoughts in the comments!
** USDJPY 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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All My Reasons To Made More Than 2000 Pips , Gift Free Trade !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.
2023.6.2 Daily European Perspective GBP is strengthening !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 downwards yesterday and returned to below the daily levels of 144MA (103.51) and 377MA (103.55). It is likely that after stepping back on the daily level of 21MA (103.04), it will once again rise upwards!
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 of 21MA (1977.3 US dollars) yesterday and today! So, for the rest of today, use this point as an important point for intraday operations! Above this point, bulls dominate; Below this point, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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 returned above the integer level of $70 yesterday! So, for the rest of today, just use this position as an important point during 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, European and American currencies rebounded against the daily line of 165MA (1.07456) yesterday! So for the continuation period today, just use this position as an important point for operation during 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 US currency has returned to its recent top position (1.25460) against yesterday and today! So for the continuation period today, just use this position as an important point for operation during the day! Above this point, bulls dominate; Below this point, 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 Friday, the second trading day of June, and there will be a big non agricultural data market tonight! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
EUR/UD Free Entry Gave 2H Ago , +60 Pips Now , New Entry Added !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.
EUR/USD Giving Amazing Bullish P.A On D And 4H T.F, Can We Buy ?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.
2023.6.1 Daily European Perspective USDX is flat2023.6.1 Daily European Perspective
USDX is flat
Hello, I'm Older Duan. Today is Thursday, June 1 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 has been vying for long and short positions against the 2.000 level (around 104.28) of the gold split at its recent top for several consecutive days!
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 today swallowed up yesterday's gains and continued to engage in long short competition near the 2.000 level (1960 US dollars) of the gold split at the bottom of the daily level! So, for the rest of today, use this point as an important point for intraday operations! Above this point, bulls dominate; Below this point, bears dominate!
Let's take a look at American crude oil.
What you are now seeing is 4-hour 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 highest point of US crude oil today has peaked at 0.618 points (68.9 US dollars) above the recent bottom of the gold split! So, for the rest of today, just use this position as an important point during 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 European and American currencies rebounded slightly against the recent bottom up gold split of 2.000 (1.06635) yesterday, but continued to weaken today! So for the continuation period today, just use this position as an important point for operation during 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 US currency hit the daily level of 55MA (1.04530) twice yesterday and the day before yesterday! So for the continuation period today, just use this position as an important point for operation during the day! Above this point, bulls dominate; Below this point, 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, the first trading day of June. There will be ADP, Unemployment Claims, and EIA data market tonight, and big non agricultural data market tomorrow night! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
GBPUSD I Possibly a break of the channel line +100 pipsWelcome 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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EURUSD I Weekly forecast and swing trade opportunityWelcome 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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EURUSD Technical Analysis and Trade IdeaTaking a look at the #EURUSD currency pair, we can see that it has dipped into a support zone just before the London session opens. On the 4H time frame, I am anticipating a retracement upwards towards resistance levels to identify a chance to short this. Please note that the video contains a detailed explanation and should not be regarded as financial advice.