2023.6.28 Daily European Perspective
GBPUSD is about to rise sharply !
USD is weak, GBPUSD is about to rise sharply, and US crude oil continues to be weak!
Hello, I'm Older Duan. Today is Wednesday, June 28 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 continues to consolidate its weakness near the daily level 55MA and above 2.382 of the top to bottom golden section!
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 is about to break below its lowest point in recent trading days ($1910) and challenge the bullish starting point on March 15, 2023 ($1904)! Then, the following time today, just use these two positions as the important points in the day Bitwise operation! Above these two positions, bulls dominate; Below these two positions, 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 weakened again yesterday, but there was still no significant downward break! Then, in the following time today, we can take today's opening price ($68.03) 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, the euro against the US dollar, as previously predicted, has started a contractionary consolidation below last Thursday's opening price and above last Friday's low point! Then in the subsequent period of this day, the opening price (1.09549) of the previous Friday can 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 shown a slow and steady upward trend in recent trading days, and may pull up the positive line at any time! Then in the subsequent period of this day, the opening price (1.27459) of the previous Friday can be used 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 Wednesday, with Federal Reserve Chairman Powell giving a speech and EIA data in the evening. As this week is the last trading week of June, the monthly line for this month will close this weekend! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
GBPUSD is about to rise sharply !
USD is weak, GBPUSD is about to rise sharply, and US crude oil continues to be weak!
Hello, I'm Older Duan. Today is Wednesday, June 28 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 continues to consolidate its weakness near the daily level 55MA and above 2.382 of the top to bottom golden section!
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 is about to break below its lowest point in recent trading days ($1910) and challenge the bullish starting point on March 15, 2023 ($1904)! Then, the following time today, just use these two positions as the important points in the day Bitwise operation! Above these two positions, bulls dominate; Below these two positions, 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 weakened again yesterday, but there was still no significant downward break! Then, in the following time today, we can take today's opening price ($68.03) 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, the euro against the US dollar, as previously predicted, has started a contractionary consolidation below last Thursday's opening price and above last Friday's low point! Then in the subsequent period of this day, the opening price (1.09549) of the previous Friday can 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 shown a slow and steady upward trend in recent trading days, and may pull up the positive line at any time! Then in the subsequent period of this day, the opening price (1.27459) of the previous Friday can be used 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 Wednesday, with Federal Reserve Chairman Powell giving a speech and EIA data in the evening. As this week is the last trading week of June, the monthly line for this month will close this weekend! Please pay attention to the risks!
Im Older Duan. Wish you happy win . Goodbye!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.