2023.9.6 Daily European Perspective USDX has plummeted !

2023.9.6 Daily European Perspective

USDX has plummeted !

Hello, I'm Older Duan. Today is Friday, June 9 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 broke through multiple support levels yesterday, and today it returns to the top daily line of 21MA!

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 completely swallowed the previous day's decline yesterday and returned to the bottom of the daily level, above the 2.000 gold split ($1960) and the 21MA daily level ($1961.6)! 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 4-hour 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 lowest point of US crude oil yesterday hit around the recent bottom of 0.618 (68.9 US dollars) against the golden ratio! Then, in the following days today, we will continue to use the daily line level of 21MA ($71.59) as an important Bitwise operation 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, European and American currencies have continuously broken levels against each other yesterday, returning to multiple pressure levels. Yesterday and today, their highest points have peaked near the daily line of 144MA (1.07900)! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! 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 to dollar exchange rate is clearly the strongest among non US currencies and precious metals! Then in the future, we can use today's opening price (1.25573) as the important Bitwise operation of the day! Above this point, bulls dominate; Below this point, 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 Friday, the weekly line will be closed tonight! Please pay attention to the risks!

Im Older Duan. Wish you happy win . Goodbye!
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