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2023.8.29 USOUSD show a cross star

EIGHTCAP:USOUSD   Spot WTI Crude Oil
2023.8.29 USOUSD show a cross star

Hello, I'm Older Duan. Today is Tuesday, August 29th 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 fell slightly yesterday and started to strengthen again 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 broke free from the constraints of the 233 moving average yesterday and rose upwards. Today, it continues to strengthen and is about to challenge the daily level long short divide. The daily level 55 moving average is $1931! So, for the rest of today, just use this position as an important point during the day! 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, the highest point of US crude oil yesterday was very close to the daily level 21 moving average ($80.90), and the final daily closing showed a cross star of up and down shadows, which is the standard trading signal! So, for the rest of today, we will continue to use the short start point of August 21, 2023 at $80.521 as an important intraday point! 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 rose against the US dollar yesterday, and the daily closing line returned above the daily level 233 moving average (1.08174)! So for the continuation period today, we can continue to operate at the daily level 233 moving average (1.08174) as an important intraday point! 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 rose against the US dollar yesterday, breaking away from the attraction of the daily 144 moving average! So for the continuation period today, just use the lowest point on August 14, 2023, 1.26158, as the 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 Tuesday, and the monthly line for August is about to close. This week will usher in the big NFP data market for September. Please pay attention to the risks!

Im Older Duan. Wish you happy win . Goodbye!

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