2023.6.12 Daily European Perspective Daily peak of USD is 21MA

2023.6.12 Daily European Perspective

Daily peak of USD is 21MA

Hello, I'm Older Duan. Today is Monday, June 12 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 tested the daily line 21MA twice last Friday and 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 showed a pattern of long short competition at the bottom of the daily level last Friday and today, near the 2.000 level (1960 US dollars) of the gold split! Then, in the following time today, just use this position as an important point in the day for Bitwise operation! 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 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 continued to weaken from last Friday to today, and today's lowest point has already hit the daily level bottom near the 0.618 level (68.9 US dollars) of the gold split! Then, in the following time today, just use this position as an important point in the day for Bitwise 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 continued to be weak against last Friday and today, with both lows hitting strong support levels at the daily level of 21MA (1.07423)! 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 ratio remains the strongest among non US currencies and precious metals! Then in the future, we can use today's opening price (1.25792) as the 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 Monday, and tomorrow there will be a five-star data release for the US CPI! Please pay attention to the risks!


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

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