US Dollar Index

2023.7.26 USD has hit strong pressure

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2023.7.26 USD has hit strong pressure, and US crude oil has hit a new high in the near future!

Hello, I'm Older Duan. Today is Wednesday, July 26th 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 U.S. Dollar Index peaked at 21MA, the daily line of strong pressure, and began to weaken 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 has been vying for long and short positions at a key position of $1960 for three consecutive days, which is also the 2.000 level of the golden section in the figure and the highest point on February 2, 2023! 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 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 and fell yesterday, and the daily closing continued to be suppressed by the recent bottom up gold split of 2.000 ($79.11)! 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, the euro broke through the daily level of 21MA (1.10655) against the US dollar yesterday and peaked at this position today! 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 rose sharply against the US dollar yesterday, swallowing up Monday's decline and returning to the daily level of 21MA (1.28968)! 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!

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 will be Fed rate -decisions tonight and early tomorrow morning. Please be aware of the risks.

Im Older Duan. Wish you happy win . Goodbye!

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