usoil:Recent operating ideas and personal suggestions
U.S. crude oil fluctuated slightly and is currently trading near 76.06 U.S. dollars per barrel. The rebound of the U.S. dollar has put pressure on oil prices, and the First Republic Bank of the United States fell nearly 50% after hours, which also caused the market to worry about the banking crisis. The slight increase in U.S. drilling data also made the bulls have some scruples.However, there are data showing that U.S. oil demand has risen and production has fallen.
EIA data on Friday showed that U.S. crude oil production in February fell to 12.483 million barrels per day, the lowest since December 2022.The supply of U.S. crude oil and refined oil products that show demand rose to 19.997 million barrels per day, the highest since November 2022.This trading day needs to pay attention to the US ISM manufacturing PMI data for April and news related to the US banking industry.
In terms of crude oil, the trend continues to be bearish. The pressure level of the monthly MA5 moving average in May is at the first line of 76.8, which is also the point at which Liu Mingcheng entered the short order at the end of last Friday, and he is still holding it. Try to take the band.For short-term trends, the weekly MA10 moving average and daily MA60 moving average are simultaneously located at 76.2.
In the 4-hour cycle graph, the crude oil Bollinger band gradually closed, the upper and lower rail range focused on 77.5-73.6, the upper rail resistance is close to the MA60 moving average weekly indicator, and the 77.5 line. The Zigzag indicator gave a top signal on Friday. This can be regarded as a defensive position at the beginning of the week. At present, the crude oil trend is close to the upper rail resistance, giving priority to bearish oil prices.On the 4-hour intraday chart, the SAR parabola indicator is supported at 74.5, and the operation of the 76.8-73.9 range can be seen at the beginning of the week.The red kinetic energy bar of MACD entering the market on the indicator in the attached picture began to weaken, the KDJ stochastic indicator was a dead fork signal, and the RSI and STO indicators were basically synchronized at the value of 80 and developing downward. Overall, there are downside risks to crude oil prices. Today, the top is concerned about 76.8-77.5 resistance, and the bottom is concerned about 74.5-73.6 support. Operationally, it is recommended to rebound and short-sell mainly, supplemented by low and mostly.
Crude oil strategy: Short-term long-term orders hit 74.1 for the first time to go long, and break the stop loss of 73.5.Target 75.0-75.8
Rebound 76.8-77.3 Short selling in batches, (steadily move up 5 points to open a position) break 78.1 stop loss, the target is 75.0-73.6-72.0 in turn, break the position and reduce your holdings
I suggest that everyone should enter the free communication channel if they are unclear according to their own situation. I will give you corresponding suggestions based on your situation.
EIA data on Friday showed that U.S. crude oil production in February fell to 12.483 million barrels per day, the lowest since December 2022.The supply of U.S. crude oil and refined oil products that show demand rose to 19.997 million barrels per day, the highest since November 2022.This trading day needs to pay attention to the US ISM manufacturing PMI data for April and news related to the US banking industry.
In terms of crude oil, the trend continues to be bearish. The pressure level of the monthly MA5 moving average in May is at the first line of 76.8, which is also the point at which Liu Mingcheng entered the short order at the end of last Friday, and he is still holding it. Try to take the band.For short-term trends, the weekly MA10 moving average and daily MA60 moving average are simultaneously located at 76.2.
In the 4-hour cycle graph, the crude oil Bollinger band gradually closed, the upper and lower rail range focused on 77.5-73.6, the upper rail resistance is close to the MA60 moving average weekly indicator, and the 77.5 line. The Zigzag indicator gave a top signal on Friday. This can be regarded as a defensive position at the beginning of the week. At present, the crude oil trend is close to the upper rail resistance, giving priority to bearish oil prices.On the 4-hour intraday chart, the SAR parabola indicator is supported at 74.5, and the operation of the 76.8-73.9 range can be seen at the beginning of the week.The red kinetic energy bar of MACD entering the market on the indicator in the attached picture began to weaken, the KDJ stochastic indicator was a dead fork signal, and the RSI and STO indicators were basically synchronized at the value of 80 and developing downward. Overall, there are downside risks to crude oil prices. Today, the top is concerned about 76.8-77.5 resistance, and the bottom is concerned about 74.5-73.6 support. Operationally, it is recommended to rebound and short-sell mainly, supplemented by low and mostly.
Crude oil strategy: Short-term long-term orders hit 74.1 for the first time to go long, and break the stop loss of 73.5.Target 75.0-75.8
Rebound 76.8-77.3 Short selling in batches, (steadily move up 5 points to open a position) break 78.1 stop loss, the target is 75.0-73.6-72.0 in turn, break the position and reduce your holdings
I suggest that everyone should enter the free communication channel if they are unclear according to their own situation. I will give you corresponding suggestions based on your situation.
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