2023.7.14 USD has fallen below the 100 integer mark2023.7.14 USD has fallen below the 100 integer mark
Hello, I'm Older Duan. Today is Friday, July 14th 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 has fallen below the 100.00 integer level, coming near the daily level of 610MA!
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 trading at the bottom against the 2.000 level of the gold split in the past two trading days, and it is also the highest point on February 2, 2023 ($1959.69), engaging in long short competition! Then, we can continue to use this position as an important Bitwise operation in the day later today! 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 yesterday broke through the bottom of the bullish 1.618 and daily level 233MA, and today's low hit the daily level 233MA ($76.35)! 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 again yesterday, with the next strong pressure at 1.12800! Then, in the future, we can use today's opening price (1.12228) as the Bitwise operation of the day's important point! 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 reached a strong pressure level against the US dollar: the bottom is at 2.382 (around 1.31300) above the golden section! 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 Friday, and all important data for this week has been released. The weekly line will close tonight, and it is likely that there will be a pullback trend. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Usdxsignal
2023.7.6 The upper space of U.S. Dollar Index is opening!2023.7.6 The upper space of U.S. Dollar Index is opening!
The upward space of USD has opened up, silver is stronger than gold, and US crude oil is steadily rising!
Hello, I'm Older Duan. Today is Thursday, July 6th 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, today's opening price of the U.S. Dollar Index has reached the daily level of 165MA, and the upper space is in the process of opening!
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, after breaking through the daily level of 21MA yesterday, gold fell back and broke through multiple small support levels! Then, in the following days today, we can take today's opening price (1916.8 dollars) as the 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, both yesterday's daily closing price and today's opening price of US crude oil have reached above the recent bottom of 1.000 (71.68 US dollars) 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/US dollar is currently engaged in a long short battle near the key daily level position of 55MA (1.08487)! 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 has been engaged in a long short competition near the daily level of 21MA (1.26996) in recent trading days! 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 July 6th (Thursday). Due to this Tuesday being Independence Day (a legal holiday in the United States), the US market is closed! There are three Data markets tonight: ADP, Unemployment Claims and EIA! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
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!
2023.6.16 Daily European Perspective USDX has plummeted !2023.6.16 Daily European Perspective
USDX has plummeted !
Hello, I'm Older Duan. Today is Friday, June 16 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 down yesterday, breaking through the daily line level of 55MA and the top to bottom golden section of 2.382!
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, after breaking through the daily level of 144MA yesterday, gold rebounded to the 2.000 level (around $1960) of the bottom up 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 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 by $3 yesterday, returning above the integer level of $70. Both today and yesterday's highs are close to the daily level of 21MA ($71.09)! 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 rose sharply against each other yesterday, about to test last month's bearish starting point, which is the opening price on May 11, 2023 (1.09820)! 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 US currency has hit a new high in recent times! Then in the future, the previous opening price of 1.28283, which was opening price on April 25, 2022, can be used as an important Bitwise operation in 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, weekly line will be cloesd tonight! Please pay attention to the risks!!
Im Older Duan. Wish you happy win . Goodbye!
2023.6.15 Daily European Perspective USDX rebounding~2023.6.15 Daily European Perspective
USDX rebounding~
Hello, I'm Older Duan. Today is Thursday, June 15 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 almost stepped back on the daily level of 55MA (102.55) at its lowest point yesterday (102.66), and today it began to rebound!
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 peaked yesterday and recently bottomed out against the 2.000 level of the gold split (around $1960), accelerating its decline today! Then, the daily line 144MA (US $1931) will be taken as the important Bitwise operation in the day later today! 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 weakened yesterday, and today its highest point has peaked at 0.618 points (around $68.9) above the recent bottom of the gold split, continuing to be weak! 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 rose sharply against yesterday, but today they almost completely reversed yesterday's rise! Then in the future, the daily line 144MA (1.07968) will be taken 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 against the US dollar has reached a recent high! Then in the subsequent period of this day, the highest point of 1.26793 on May 10, 2023, which was previously high, can be used as an 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 Thursday, and important data such asEEUR Main Refinancing Rate & EUR Monetary Policy Statement, USD Unemployment Claims & USD Retail Sales m/m, and EUR ECB Press Conference will be released tonight! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
2023.6.13 Daily European Perspective USDX is weakening again !2023.6.13 Daily European Perspective
USDX is weakening again !
Hello, I'm Older Duan. Today is Tuesday, June 13 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 began to weaken today after reaching its peak of 21MA yesterday and 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 competing for three consecutive trading days at the bottom of the daily level, 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 decline yesterday, reaching the recent bottom and engaging in a long short battle against the gold split's 0.382 level (around $67.1)! 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 peaked near the daily line of 144MA (1.07921) yesterday and continued to rise upwards 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, although the pound US currency closed negative on the daily trading day yesterday, it is still the most powerful among all non US currencies and precious metals in recent times overall! Then, in the subsequent period of this day, the opening price (1.25792) of yesterday will be taken as the Bitwise operation of the important point in 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 Tuesday, and tonight 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!
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!
USDX(Dollar) Must Continue To Extend LowerTechnical Analysis:
- As you can see the above daily chart, USDX is still doing a ABC correction in blue
- We present two possible paths - Black and Blue ( With actual data each path has 50% probability )
- The decision of both paths (Black and Blue) will be taken when USDX will arrive to the orange circle area
- Short term structure is bearish
- H1 Right Side is down
- H4 Right Side is turning down
Technical Information:
- Don't buy USDX (Dollar) now in short term
- We like to buy when wave C in blue and wave 4 in black are completed