2023.7.5 Daily European Perspective
USD is slowly strengthening, EURUSD is weak, and US crude oil bulls are weak!
Hello, I'm Older Duan. Today is Wednesday, July 5th 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 risen steadily in the last three trading days, and today it has reached the daily level of 144MA!
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 the daily level of 165MA (around $1928.4) in the past three trading days! 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 has arrived at a key daily level location near 55MA (around $71) 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 fell against the US dollar yesterday, and today it is at the bottom of the daily level, up against the 2.382 position (1.08735) of the gold split! Then, in the future, we can use today's opening price (1.09121) 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 shown a steady upward trend against the US dollar in the past three trading days! Then in the future, we can use today's opening price (1.27171) 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 July 5th (Wednesday). Due to yesterday being Independence Day (a legal holiday in the United States), the US market was closed! The important data for this week (EIA, ADP, initial application, and non agricultural) are all concentrated on Thursday and Friday of this week! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
USD is slowly strengthening, EURUSD is weak, and US crude oil bulls are weak!
Hello, I'm Older Duan. Today is Wednesday, July 5th 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 risen steadily in the last three trading days, and today it has reached the daily level of 144MA!
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 the daily level of 165MA (around $1928.4) in the past three trading days! 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 has arrived at a key daily level location near 55MA (around $71) 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 fell against the US dollar yesterday, and today it is at the bottom of the daily level, up against the 2.382 position (1.08735) of the gold split! Then, in the future, we can use today's opening price (1.09121) 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 shown a steady upward trend against the US dollar in the past three trading days! Then in the future, we can use today's opening price (1.27171) 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 July 5th (Wednesday). Due to yesterday being Independence Day (a legal holiday in the United States), the US market was closed! The important data for this week (EIA, ADP, initial application, and non agricultural) are all concentrated on Thursday and Friday of this week! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!