Crude oil started to fall from the daily high of 88 in a double top pattern, and now it has successfully broken through the key watershed of 81, and the lowest drop to around 77 has eased the decline. It has not been able to break through the 77 mark recently, indicating that there is a lot of buying support, but the trend is still bearish. As long as it does...
Looking back at yesterday's trend, the USOIL market remained in the range of 81.7-82.4 throughout the day. This is a narrow range for oil prices. The competition between the long and short parties in the market is fierce. until closing. The bears broke the deadlock. News side: The API announced a significant increase last night, with U.S. API crude oil...
The trading opportunities for oil are not very big at present, but mainly fluctuate within a narrow range. After the news boosted strength. The price is still fluctuating around 81. I made a profit by buying oil prices around 80.7 in the morning, and the U.S. market is about to begin, judging from the 1-hour trend chart. The trend is still mainly bullish. MA is...
The important support below crude oil is around 80.8, the upper pressure is 83.5, we are still trading in this range today, and we have a very good profit! If you are confused about trading, please join me, I believe you will have a great harvest!
The current price of crude oil is 82.7, reaching the main support position below, and the current price is directly long! If you are confused about trading, please join me, I believe you will have a great harvest!
Today, crude oil opened lower, after a high of 88.1, crude oil fell in shock. Overall, crude oil is still down in the short term, the operation is recommended to withdraw to near the 85.6 support level, and the above is concerned about the resistance near 88.3-90. If you are confused about trading, please join me, I believe you will have a great harvest!
The International Energy Agency (IEA) said on Thursday that geopolitical risks in the Middle East have escalated following Hamas attacks on Israel, with oil markets on edge and uncertainty about how things will play out or how far the conflict could spread. In its closely watched oil market report for October, the IEA said: "A sharp escalation of geopolitical...
The outbreak of the Israeli-Palestinian conflict, if more forces are involved in the subsequent, the Middle East oil producers may be directly affected, crude oil production may be in short supply, and oil prices may rise more sharply. In the outbreak of the war between Russia and Ukraine last year, the oil price rose sharply from $90 to the highest price of...
With Opec + pledging to curb oil supply until the end of the year and Asia's economic recovery expected to expand again, we expect global oil inventories to fall by 70 million barrels over the next three months. As a result, we now see Brent averaging $91 / BBL in the second half, up from $81 / BBL previously. Still, our forecast for 2024 remains at $90 per...
Crude oil last week unilateral strong pull up, is currently in high volatility, this wave is still not over, is still a callback to do more, four-hour chart, last week fell back to the mid-track quickly pull up, back just to prepare for the rise, this week is still open at a high level, the current volatility around 91.3, intra-day focus on important support...
This week's profit summary: this week's profit is about 8.8k, and there is still a short order of crude oil, I will inform you of any new information next week! Join me and don't let procrastination and hesitation stop you from making money!
Through the analysis of the weekly chart of crude oil, we know that the last one continued to rise, and it has reached a certain degree of suppression near the previous high point, and the pressure of the important moving average above (83.30). It can be clearly seen from the figure that the funds that reached the bottom area in the early stage are still...
Currently crude is at 81.6 and I am sure friends who saw my post yesterday have made a big profit. Join me and don't let hesitation and procrastination affect your earning speed!
Yesterday's range of narrow fluctuations, until the end of the day to ushered in a pull up, but the day line eventually closed in the end, today's day line is still stable above the MA20 support, KDJ average indicator gold fork running upward, the trend of the market or more, it is recommended to step back near 79.3-79.0, the target to see 80.8 position. Join me...
Raw oil on Friday the high base is not dynamic static, the United States has a small pullback after the rise of 77.2 a line, the loss of the previous correction to find back, the daily line continued to close up. Although the raw oil said that the high point before this has not been effective burst, with the lower side of the support does not break up, the strong...
In the afternoon, there is eai crude oil inventory data, which is expected to be more crude oil, so it is safer to choose to withdraw before this, in addition, it can be manipulated after the data is released, and the current resistance level of crude oil is 77-80, and the support level is 74-72. Join me and don't let procrastination and hesitation stop you from...
Looking at the daily line, the Bollinger Bands opened, and the price has always maintained a sideways movement near the upper rail. The direction is dominated by bulls. Before there is a short-selling signal, we will not consider short-selling orders to enter the market for the time being. Yesterday’s callback is also holding 75 first-line important support,...
Today's crude oil rose as scheduled, came to around 69.4, today in the transaction we chose to go long, got a very good profit, it seems that OPEC+ decided at the early June meeting to extend the current crude oil production reduction plan, and Saudi Arabia promised to cut crude oil production by 1 million barrels / day in July, and said that it will extend...