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2023.6.30 Daily European Perspective USDX broke up again !

PEPPERSTONE:USDX   US Dollar Index
2023.6.30 Daily European Perspective

USDX broke up again !

USD continues to strengthen, with non US currencies and precious metals stepping back on key support, and USoil bulls feeling weak!

Hello, I'm Older Duan. Today is Friday, June 30 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 up again yesterday, back above the daily 21MA and 144MA, and hit the daily 165MA!

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 lowest point of gold yesterday hit the 1.618 level (around $1890) above the bottom of the gold split! Then, in the following days today, we will continue to use the integer gate of $1900 as an important Bitwise operation 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, the daily pattern of US crude oil in the past three trading days has shown a state of continuous bullish accumulation, ready to exert upward force! Then, in the future, we will continue to use the integer pass of $70 as the 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, the euro/US dollar hit its daily low of 21MA yesterday and today, rebounding upwards at any time! Then in the future, the daily line 21MA (1.08600) will be used as the Bitwise operation of the important point in 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 been vying for long and short positions near the daily line 21MA in the past three trading days! Then in the future, the daily line level of 21MA (1.26600) will be taken as the Bitwise operation of the important point in 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 Friday. As it is the last trading day of June, the weekly, monthly, quarterly, and first half year lines of 2023 will be closed tonight! Please pay attention to the risks!


Im Older Duan. Wish you happy win . Goodbye!

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