2023.6.8 Daily European Perspective USOil is shaping triangular

2023.6.8 Daily European Perspective

USOil is shaping triangular

Hello, I'm Older Duan. Today is Thursday, June 8 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, today is the eighth day for the U.S. Dollar Index to sort out under pressure!

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 now shows a standard high point continuously moving downwards, while the low point remains in a horizontal flag shaped oscillation shape! Then, later today, take the 2.000 digits ($1960) from the bottom of the daily line to the top of the golden section as the important Bitwise operation of the day! Above this point, bulls dominate; Below this point, 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, US crude oil is currently competing in the dense range of the four hour moving average! Then, in the future, we will continue to use the daily line level of 21MA ($71.69) as an important Bitwise operation operation in 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, in the past three trading days, European and American currencies have shown a large fluctuation pattern of rising high points and decreasing low points against each other! Then, in the future period of this day, take today's opening price (1.07063) as the important Bitwise operation of 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 dollar broke through the key position of daily level 55MA (1.24638) yesterday, but did not close on it! Then this position will be used as the Bitwise operation operation of the important point in the day in the future! 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 Thursday and the weekly line will be closed tomorrow! Please pay attention to the risks!

Im Older Duan. Wish you happy win . Goodbye!
Chart PatternsEURUSDForexforexsignalsforextradingGBPUSDGoldTrend AnalysisusdxusousdWave AnalysisXAUUSD

Also on:

Disclaimer