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2023.9.1 UScrud challenges strong pressure2023.9.1 USD strengthens, the euro plummets, and US crude oil challenges strong pressure for the third time! Hello, I'm Older Duan. Today is Friday, September 1st 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 rose yesterday, and yesterday's positive physical part swallowed up the negative physical part of the day before yesterday! 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 picture, gold fell slightly yesterday and strengthened again today! So, for the rest of today, just use today's opening price of $1939.74 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 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 released bullish momentum for six consecutive trading days, and the probability is about to reverse downward! So, for the rest of today, just use the opening price of August 10, 2023 at $83.659 as an important point for intraday operations! 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 fell sharply against the US dollar yesterday, swallowing up the gains of previous trading days! So for the continuation period today, just use the daily level 233 moving average (1.08242) as an important point for operation during the day! 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 against the US dollar has been engaged in a long short competition near the daily 21 moving average of 1.26847 in the past three trading days! So for the continuation period today, just use the daily 21 moving average of 1.26847 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 Friday, the first trading day of September, and tonight will usher in the big non agricultural data market for September. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
EIGHTCAP:USOUSD
by Think_More
USOUSD H4 | Approaching 61.8% Fibo resistanceUSOUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 81.826 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 83.778 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci retracement level Take Profit: 78.452 Why we like it: There is a multiple swing-low support that aligns with the 127.2% Fibonacci extension level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
2023.8.30 precious metals are stronger than non US currencies2023.8.30 precious metals are stronger than non US currencies Hello, I'm Older Duan. Today is Wednesday, August 30th 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 accelerated its decline 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 through the daily level long short divide yesterday, with a daily level 55 moving average of $1931, and the next pressure level is at the daily level 165 moving average ($1944.27)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down! 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 rose sharply yesterday, breaking the daily 21 moving average ($80.781) and about to challenge the daily 233 moving average ($81.810)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down! 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 sharply against the US dollar yesterday, reaching its highest point near the daily level 21 moving average (1.08952)! So for the continuation period today, just continue to use this position as an important point for the day! 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 has accelerated its rise against the US dollar, but the increase is still relatively small! So for the continuation period today, we can continue to use the lowest point of 1.26158 on August 14, 2023 as the important point for the day! 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 Wednesday, and the monthly line for August is about to close. This week, we will see the big non farm data market for September, and tonight there will be ADP small non farm data and US crude oil inventory data EIA. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
OANDA:XAUUSD
by Think_More
On Forex should I buy stop oil or stop gold instead?Suppose I am a forex trader who trades both gold and oil among others. I am aware that gold is now rising and oil has already risen. Should I sell out of oil and buy gold? Here I use TradingView tools to give guidance to the best approach. On the daily chart, I have dressed out the chart with a long anchored VWAP and its deviation lines along with the price momentum oscillator and the ZL MACD. The ratio is descending from a double top in March and May and trending down through the upper VWAP lines. My analysis is that gold will continue to fall relative to oil until a potential bounce off the mean VWAP. My analysis is that the ratio will drop for a bit. If I need cash out of my positions. I should sell gold. If I have cash to deploy into my positions, I shoudl buy more oil. Once the ratio bounces if in fact it does on watch. I should do the opposite. This idea I believe demonstrates the power of TV tools in informing a trader towards high value decisions in trading.
OANDA:XAUUSD
by AwesomeAvani
2023.8.29 USOUSD show a cross star2023.8.29 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!
EIGHTCAP:USOUSD
by Think_More
USOUSD H4 | Rising into 61.8% Fibo resistanceUSOUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 81.826 Why we like it: There is an overlap resistance that aligns close to the 61.8% Fibonacci retracement level Stop Loss: 83.778 Why we like it: There is a pullback resistance that sits above the 78.6% Fibonacci retracement level Take Profit: 78.452 Why we like it: There is a multiple swing-low support that aligns with the 127.2% Fibonacci extension level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
2023.8.28 USDX pullback under pressure2023.8.28 USDX pullback under pressure Hello, I'm Older Duan. Today is Monday, August 28th 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 began to decline after breaking through the daily 233 moving average and the top to bottom golden section's 2.000 level last week! 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 small-scale long short competition near the daily average of 233 and 21 in the past three trading days! So, for the rest of today, just use the daily level 21 moving average (1911.81 US dollars) 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 has rebounded upwards for three consecutive days, approaching the bearish starting point of $80.521 on August 21, 2023! So, for the rest of today, just use the short start point of August 21, 2023 at $80.521 as the 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 EUR/USD has closed below the daily average of 233 (1.08154) for two consecutive trading days! So for the continuation period today, just use the daily level 233 moving average (1.08154) as an important intraday point 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 GBP/USD traded near the daily 144 moving average (1.25803) last Friday and today, engaging in a long short battle! So for the continuation period today, just use the daily level 144 moving average (1.25803) 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 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!
PEPPERSTONE:USDX
by Think_More
2023.8.25 USD has hit a strong pressure intensive range2023.8.25 USD has hit a strong pressure intensive range Hello, I'm Older Duan. Today is Friday, August 25th 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 rose sharply yesterday, and today its high point has reached around the daily 233 moving average and the top to bottom gold split of 2.000! 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 rose and fell yesterday, and has been suppressed by the daily level 21 moving average (1913.76 US dollars) for two consecutive trading days! So, for the rest of today, just use the daily level 21 moving average (1913.76 US dollars) 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 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 fell first yesterday and then rose, showing a clear reversal pattern and continuing to rise today! So, for the rest of today, just use the opening price of August 23, 2023 ($79.564) as an important point for intraday operations! 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/US dollar peaked yesterday at the bottom of the daily average level, reaching 2.382 points above the gold split, and then fell sharply below the daily average level of 233 (1.08119)! So for the continuation period today, just use the daily level 233 moving average (1.08119) as an important intraday point 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 yesterday and has now reached the daily level of 144 moving average (1.25730), engaging in a long short competition! So for the continuation period today, just use the daily level 144 moving average (1.25730) 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 Friday, and tonight there will be a speech by FOMC Chairman Powell, as well as the closing weekly line market. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
USOUSD H4 | Rising into Fibo confluence resistanceUSOUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 801.693 Why we like it: There is an overlap resistance that aligns with a confluence of Fibonacci levels i.e. the 38.2% retracement and t he 100.0% projection levels Stop Loss: 81.973 Why we like it: There is an overlap resistance that sits above the 61.8% Fibonacci retracement level Take Profit: 77.290 Why we like it: There is a pullback support that sits above the 161.8% Fibonacci extension level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
2023.8.24 precious metals are stronger than non US currencies2023.8.24 precious metals are stronger than non US currencies Hello, I'm Older Duan. Today is Thursday, August 24th 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 rose and fell yesterday, but strengthened again today. Overall, there is still a long short competition within the community, with the opening price on July 6, 2023 (103.340) and the opening price on June 13 (103.620) now! 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 picture, gold surged yesterday, breaking through the daily 233 moving average and 21 moving average levels! So, for the rest of today, just use the opening price of $1919 from the previous month 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 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 fell sharply yesterday, breaking below the recent bottom up gold split of 2.000 ($79.118)! So, for the rest of today, just use $77.9 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 hit a recent low against the US dollar yesterday, with its lowest point hitting the daily 233 moving average and strengthening! Today, the euro was suppressed against the US dollar by the recent bottom against the gold split of 2.382 (1.08741)! So for the continuation period today, just use this position as an important point for operation during the day! 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 daily closing line of the pound against the US dollar showed a long downward shadow yesterday, and ultimately it still closed near the daily level 21 moving average (1.27267)! So for the continuation period today, we can continue to use the daily level 21 moving average (1.27267) as an important point for the day! 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 Thursday, and tomorrow evening there will be a speech by Federal Reserve Chairman Powell. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
OANDA:XAUUSD
by Think_More
1
2023.8.23 Euro is weaker than other 2023.8.23 Euro is weaker than other Hello, I'm Older Duan. Today is Wednesday, August 23rd 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 rose slightly yesterday and weakened today. Overall, there is still a long short competition within the community, with the current opening price on July 6, 2023 (103.340) and June 13 (103.620)! 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 continuously strengthening in the past three days! So, for the rest of today, just use the integer level of 1900 US dollars 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 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 fallen for three consecutive trading days, and is about to once again test the bottom near the 2.000 level (78.9 US dollars) of the gold split! So, for the rest of today, just use this website as an important point for daily operations! 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 hit a recent low against the US dollar yesterday, reaching the pre peak bullish starting point, which is below the opening price of July 6, 2023 (1.08551)! So for the continuation period today, just use this position as an important point for operation during the day! 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 GBP/USD yesterday tested the daily level 55 moving average (1.27971) and then fell back near the daily level 21 moving average (1.27347)! So for the continuation period today, we can continue to use the daily level 21 moving average (1.27347) as an important point for the day! 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 Wednesday, and there is EIA inventory data for US crude oil tonight. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
by Think_More
2023.8.22 US dollar weakens2023.8.22 US dollar weakens Hello, I'm Older Duan. Today is Tuesday, August 22nd 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 is still engaged in long short competition within the community. The current community is the opening price on July 6, 2023 (103.340) and June 13 (103.620), which is weak 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 yesterday broke through the pressure of the recent bottom against the 1.618 level of the gold split, which was also the lowest point on June 29, 2023 ($1892.87). Today, it confirmed and strengthened! So, for the rest of today, just continue to 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, US crude oil yesterday broke through the daily level 21 moving average and was very close to the 2.382 position on the bottom of the graph, before falling significantly! So, for the rest of today, just use today's opening price (80.029 US dollars) as an important point for intraday operations! 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 strengthened against the US dollar yesterday and today as a whole, approaching the daily level 21 moving average (1.09456)! So for the continuation period today, just use this position as an important point for operation during the day! 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 broke the daily level 21 moving average (1.27423) against the US dollar yesterday, and the daily closing line is above it. Today, it is about to challenge the daily level 55 moving average (1.27984)! So for the continuation period today, just continue to use this position as an important point for the day! 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 tonight US crude oil will enter its final trading day on the market, with a possibility of a tight market situation. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
by Think_More
2023.8.21 Two cross stars for daily USD2023.8.21 Two cross stars for daily USD Hello, I'm Older Duan. Today is Monday, August 21st 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 has been engaged in a long short competition in the past two trading days within the neighborhood. The current neighborhood is the opening price on July 6, 2023 (103.340) and the opening price on June 13 (103.620)! 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 suppressed for three consecutive trading days by the 1.618 level of the gold split at the bottom, which is also the lowest point on June 29, 2023 (1892.87 US dollars)! So, for the rest of today, just continue to 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 click through of US crude oil today broke the daily level 21 moving average ($81.350)! 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 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 has been engaged in a long short battle for 5 consecutive trading days near the bottom of the gold split at 2.382 (1.08730)! So for the continuation period today, just use this position as an important point for operation during the day! 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 was suppressed by the daily level 21 moving average (1.27441) for four consecutive trading days against the US dollar! So for the continuation period today, just continue to use this position as an important point for the day! 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 there is a high probability that non US currencies and precious metals will engage in unilateral trading. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
2023.8.18 Bulls of USD need to rest2023.8.18 Bulls of USD need to rest Hello, I'm Older Duan. Today is Friday, August 18th 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 daily closing pattern of the US dollar index showed a long downward shadow yesterday, indicating that bulls need to rest! 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 gold daily chart yesterday showed a long cross star with up and down shadows, which is the standard change signal! So, for the rest of today, we will continue to operate at the lowest point on June 29, 2023 (1892.87 US dollars) 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 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 hit the opening price of the day before yesterday (80.603 US dollars), and then the increase narrowed. Today, we continue to test the upward pressure! 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 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 daily trend of the euro against the US dollar yesterday was exactly opposite to the US dollar index, and today, there is still a long short battle around the bottom of the gold split at 2.382 (1.08730)! So for the continuation period today, just use this position as an important point for operation during the day! 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 broke through the daily level 21 moving average (1.27549) against the US dollar yesterday and today, and is about to break through the upward trend! So for the continuation period today, just continue to use this position as an important point for the day! 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 Friday, and the weekly line will be closed tonight. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
2023.8.17 GBPUSD has clearly strengthened2023.8.17 GBPUSD has clearly strengthened Hello, I'm Older Duan. Today is Thursday, August 17th 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 has closed at a positive line for 5 consecutive trading days, breaking the strong pressure level of July 6, 2023 opening price (103.34), and the next small pressure level is 103.62! 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 through its low of $1892.87 two months ago yesterday and strengthened today! So, for the rest of today, we will continue to operate at the lowest point on June 29, 2023 (1892.87 US dollars) 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 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 plummeted yesterday, with the daily closing line below the recent bottom of 2.000 level ($79) above the gold split. Today, it strengthened and returned to above this level! 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 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 weaken against the US dollar yesterday and has already broken through the daily level of 165MA (1.08634) today! So for the continuation period today, just use this position as an important point for operation during the day! 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 against the dollar is significantly stronger than other varieties, with yesterday's high of pound against the dollar hitting the daily level 21 moving average (1.27622)! So for the continuation period today, just continue to use this position as an important point for the day! 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 Thursday, and the weekly line will be closed tomorrow. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
by Think_More
USOUSD H4 | Rising towards 23.6% Fibo resistance?USOUSD is rising towards an overhead resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 80.693 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 82.689 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci retracement level Take Profit: 77.290 Why we like it: There is a pullback support that aligns close to the 161.8% Fibonacci extension level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDShort
by VantageMarkets
2023.8.16 GBPUSD tests pressure2023.8.16 GBPUSD tests pressure Hello, I'm Older Duan. Today is Wednesday, August 16th 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 continued to strengthen after hitting the daily level 165 moving average at its lowest point yesterday. It has been closing above the important moving average concentration range for three consecutive trading days, fully opening up the upside space! 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 closing below the daily average of 233 ($1909.07) for two consecutive trading days, with a probability of continuing to weaken! So, for the rest of today, just use the lowest point on June 29, 2023 (1892.87 US dollars) as the 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, yesterday's daily closing of US crude oil was below the daily level of 21MA ($81.156), opening up space below! 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 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 hit the daily 144 moving average (1.08913) at its lowest point against the US dollar yesterday and today! So for the continuation period today, just use this position as an important point for operation during the day! 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 and fell against the US dollar yesterday, and continued to strengthen today. It is about to test the daily level 21 moving average (1.27662)! So for the continuation period today, just continue to use this position as an important point for the day! 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 Wednesday, and tonight FOMC will release the minutes of its monetary policy meeting. Please pay attention to the risks! Im Older Duan. Wish you happy win . Goodbye!
by Think_More
2023.8.15 USD is waiting for the guidance of retail sales 2023.8.15 USD is waiting for the guidance of retail sales Hello, I'm Older Duan. Today is Tuesday, August 15th 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 rose slightly yesterday and then fell. Today, it is bearish and weak, waiting for the guidance of monthly retail sales rates in the United States in the evening! 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 once again broke below the daily 233 moving average ($1909.07) yesterday, and the downside space has opened up again. The latest support is the integer level of $1900! So, for the rest of today, we will continue to operate at the daily level 233 moving average ($1909.07) 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 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 continued to decline yesterday, and today there is a long short battle near the bottom of the daily level against the gold split of 2.382 ($81.96)! 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 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 hit its lowest point against the US dollar yesterday, hitting the bottom of the gold split at 2.382 (1.08735), and rose slightly today! So for the continuation period today, just use today's opening price (1.09070) as an important point for the day! 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 GBP/USD daily closing line showed a long downward shadow yesterday, and today it is still at the bottom of the daily level against the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), and there is a long short competition nearby! So for the continuation period today, just continue to use this position as an important point for the day! 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 tonight there is "horror data" on the monthly retail sales rate in the United States for July. Please be aware of the risks. Im Older Duan. Wish you happy win . Goodbye!
by Think_More
2023.8.14 The upward space for USD has opened up2023.8.14 The upward space for USD has opened up Hello, I'm Older Duan. Today is Monday, August 14th 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, USDX has arrived at the top of the daily average density range and are about to challenge the next strong pressure: the opening price on July 6, 2023 is 103.340! 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 today is very close to the daily level 233 moving average ($1908.49)! So, for the rest of today, just use the daily level 233 moving average ($1908.49) 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 closed in a cross star pattern on Friday's daily line, breaking through the recent bottom up gold split of 2.382 ($81.96) today! 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 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 EUR/USD broke the lower limit last Friday, and the daily closing line was clearly below the daily level long short divide 55 moving average (1.09872), opening up space for the lower limit! So for the continuation period today, just use today's opening price (1.09424) as an important point for the day! 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 GBP/USD is still at the bottom of the daily level against the 2.000 level of the Golden Divide, which is also the highest point on May 10, 2023 (1.26793), and there is a long short competition nearby! So for the continuation period today, just continue to use this position as an important point for the day! 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 tomorrow night there will be "horror data" on the monthly retail sales rate in the United States for July. Please be aware of the risks. Im Older Duan. Wish you happy win . Goodbye!
by Think_More
USOUSD H4 | Falling to 23.6% Fibo supportUSOUSD is falling towards a pullback support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 80.693 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 78.913 Why we like it: There is an overlap support that aligns close to the 127.2% Fibonacci extension level Take Profit: 83.707 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USOUSDLong
by VantageMarkets
2023.8.11 USDX has a long downward shadow!2023.8.11 USDX has a long downward shadow! Hello, I'm Older Duan. Today is Friday, August 11th 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 daily trend of the US dollar index has shown a long decline, and both bulls and bearers need to rest after fierce battles! 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 appeared long on the daily line yesterday, and the final physical part of the daily line was a small negative line! So, for the rest of today, just use the daily level 233 moving average ($1906.29) 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 fell significantly yesterday, with today's low hitting the recent bottom of 2.382 (81.96 US dollars) against the gold split! 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 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, although the euro broke through multiple pressure levels against the US dollar yesterday, the final daily closing was still near the daily level of 55MA (1.09815). Today, we continue to engage in long short competition near this position! So for the continuation period today, just use this position as an important point for operation during the day! 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 peaked at a daily level of 21MA (1.28156) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we will continue to use the bottom of the daily line level to match the 2.000 level of the golden section, which is also the highest point on May 10, 2023 (1.26793), as an important point for the day! 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 Friday, the weekly limit is closed tonight. Please pay attention to the risks. Im Older Duan. Wish you happy win . Goodbye!
PEPPERSTONE:USDX
by Think_More
UCO a crude oil ETF LONGUCO popped in April and then dropped into a consolidation in May and June where it set up a base shown by the POC line on the volume profile. Once over the POC on July 6th on the daily chart coinciding with a golden cross on the HMA 56/210 combination the bull trend began. The dual time frame RS lines in the 60s suggest more to come. I am trading UCO and similar oil-based instruments including USOUSD or forex in the near term until I see signals of a topping that are not yet evident.
AMEX:UCOLong
by AwesomeAvani
3
2023.8.10 USOUSD continues to soar!2023.8.10 USOUSD continues to soar! Hello, I'm Older Duan. Today is Thursday, August 10th 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 weakened again today, breaking through the 2.382 (102.29) gold split at the top of the daily level! 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 already broken through the strong support level of $1919.4, which is the opening price of last month. The latest support is the daily level of 233MA ($1906.33)! So, for the rest of today, just use these two positions as important points for daily operations! Between these two positions, throw high and suck low; Beyond these two positions, chase up and kill down! 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 again yesterday, breaking through the 2.618 level ($83.69) of the daily bottom to gold split and the 377MA level ($83.28) of the daily level. Now, the latest pressure level for US crude oil has reached the opening price of November 17, 2022 ($84.61)! So, for the rest of today, just use the opening price of November 17, 2022 ($84.61) as an important intraday point for 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 continued to strengthen against the US dollar yesterday and today, breaking through the daily level of 55MA (1.09770) and the daily level of 2.618 (1.10115) above the gold split at the bottom. Now, the latest pressure level for the euro against the US dollar has reached the daily level of 21MA (1.10418)! So for the continuation period today, just use the daily line level 21MA (1.10418) as the important point operation for 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 peaked at a daily level of 55MA (1.27831) against the US dollar yesterday, then fell back and strengthened again today! So for the continuation period today, we can continue to operate at the daily level 55MA (1.27831) as an important point during 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 Thursday, and tonight there is a five-star data market for US CPI data. Please be aware of the risks. Im Older Duan. Wish you happy win . Goodbye!
EIGHTCAP:USOUSD
by Think_More