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2023.7.7 USD is falling, gold is weak !

FOREXCOM:USOIL   CFDs on Crude Oil (WTI)
2023.7.7 USD is falling, gold is bearish and weak, and US crude oil is in a deep V shape!

Hello, I'm Older Duan. Today is Friday, July 7th 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 rose and fell yesterday, returning to the daily line near 144MA, but its upside space has been opened!

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 falling down for two consecutive days, but yesterday's daily closing line showed long up and down shadows, indicating intense competition between long and short positions! Then, the opening price of this month ($1919.4) will be taken as the Bitwise operation of 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 showed a deep V reversal pattern yesterday, with a likely slow upward oscillation rate! Then, in the following time today, we can take today's opening price ($71.79) 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, yesterday's daily positive line of the euro against the US dollar completely engulfed the previous day's negative line! Then in the future, the daily line 21MA (1.09043) will be taken as an important Bitwise operation 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 against the US dollar is accelerating its rise as previously predicted! Then in the future, we can use today's opening price (1.27410) 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 7th (Friday). There is a big non Farm Employment Change data market tonight! Please pay attention to the risks!


Im Older Duan. Wish you happy win . Goodbye!

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