2023.9.4 USDX has retreated after breaking pressure
Hello, I'm Older Duan. Today is Monday, September 4th 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 closed above the daily level 233 moving average last Friday, and will step back today to confirm!
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 the daily level 165 moving average ($1947.46) for multiple consecutive trading days! So, for the rest of today, just use the daily level 165 moving average ($1947.46) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 is about to hit a strong pressure level: the monthly level 21 moving average ($86.73)! So, for the rest of today, just use the monthly level 21 moving average ($86.73) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 plummet against the US dollar last Friday and is about to hit a recent low! So for the continuation period today, just use the lowest point of the previous month (1.07651) as an important point for the day operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 fell sharply against the US dollar last Friday, returning to near the daily 144 moving average (1.26010)! So for the continuation period today, just use the daily 144 moving average (1.26010) as an important point for the day operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 NFP data market will gradually fade. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
Hello, I'm Older Duan. Today is Monday, September 4th 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 closed above the daily level 233 moving average last Friday, and will step back today to confirm!
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 the daily level 165 moving average ($1947.46) for multiple consecutive trading days! So, for the rest of today, just use the daily level 165 moving average ($1947.46) as an important intraday point to operate! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 is about to hit a strong pressure level: the monthly level 21 moving average ($86.73)! So, for the rest of today, just use the monthly level 21 moving average ($86.73) as an important intraday point operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 plummet against the US dollar last Friday and is about to hit a recent low! So for the continuation period today, just use the lowest point of the previous month (1.07651) as an important point for the day operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 fell sharply against the US dollar last Friday, returning to near the daily 144 moving average (1.26010)! So for the continuation period today, just use the daily 144 moving average (1.26010) as an important point for the day operation! Above this position, long trading is the main focus; Below this position, short selling is the main focus!
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 NFP data market will gradually fade. Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!