Judging from the current price action, crude oil bulls have encountered a slight resistance, indicating that the market may start to weaken. After experiencing a wave of unilateral gains, the crude oil market was challenged at the 85 level, which may be due to a certain degree of exhaustion in the market, which led to a slight correction. Despite market concerns...
In July, we witnessed a remarkable surge, with oil prices soaring over 14%, marking the most substantial monthly percentage increase since January last year. A perfect blend of tighter supply and surging demand triumphed over concerns about potential interest rate hikes and lingering inflation, igniting economic growth prospects. Adding to the excitement for...
From the online point of view, there are signs of closure. The price has retreated sharply after encountering resistance near the upper rail. At present, it can only be regarded as an adjustment during the previous rise. The price will not just go down directly. It is expected that the short-term will be around 80 The dollar is consolidating around. With an...
Crude oil has been in a unilateral upward trend, and there is no need to say more about the bullish trend. If you don’t make a move, you will miss it. Now it falls back to 80.3 and goes long directly. There is still more than 200 points of space from the pressure of the high point of 83.5. Although The space is not very large, but the odds of winning are very...
The current rise in crude oil is an opportunity to short, do not miss it, and hold it for a long time Trading plan: USOIL sell@79.5-80 TP: 78-77 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income, and the current signal is 98% accurate and free to send!
After experiencing continuous rise, crude oil has reached a key resistance position, and then it needs to keep selling at high levels, waiting for profit. Trading plan:usoil sell@79.5-80 tp:78-77 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income. The current signal is 98% accurate...
Crude oil has risen continuously, has reached the key resistance position, can now consider long-term short crude oil, 1-2 weeks will fall. Trading plan: USOIL sell@79-79.5 TP:77-75 The shark trading team will provide a lot of trading strategies every day to make your trading easier and achieve stable income, and the current signal is 98% accurate and free to send!
SELL71.8, see the 70.5 line, just break through 72.3 and stop loss. Generally speaking, the oil price range is 72.3-69.9 within the day! If you break the upper and lower support levels, change your strategy and follow up! Intraday strategy follow-up is closer. . .
On the whole, today's crude oil price should focus on the 71.8 high point and 72.5 resistance for the upper resistance, and the 70.4-69.5 support for the lower part. During the shock period, you can sell high and buy low, and swing trading can maximize today's benefits
My Fibonacci Clustering model reveals a potential downturn in USOIL prices to as low as $28 per barrel. This observation is rooted in the unique properties of Fibonacci sequences - their self-similar and repetitive nature often mirrors price action in a wide array of financial markets, including commodities such as oil. Historical evidence supports the...
International oil prices were basically stable this Friday, and the U.S. index rebounded from a more than one-month low, limiting the rise in oil prices. Oil prices snapped a two-week losing streak on optimism over rising energy demand in top crude importer China. The upper pressure level of crude oil is 71.63 US dollars. The data released on Thursday showed that...
The oil market has experienced significant volatility throughout the week, starting with a price spike due to Saudi Arabia's one million barrel production cut, followed by a plunge in prices after the US and Iran denied a temporary nuclear deal. Despite the highly-publicized Saudi output cut, US Oil prices saw another decline at the end of last week. As we...
We gave a strategy of short crude oil at $73 yesterday, and today we gave a plan to go long crude oil at $70-$70.5 again, all profitable, and then crude oil continues to be long, and if there is a fall, it will enter the market again. Trading plan: USOIL buy@70.5-71 TP: 72-73 The shark trading team will provide a lot of trading strategies every day and provide...
Crude oil reached up to $75, the upper space has been opened, currently running above $73, the trend is still rising, but there is no good opportunity to do long at present, you need to wait for the fall to near $72.1 to go long again, short-term trading in the 72-74 range USOIL Trading Plan: sell@73.5-74 tp:72.8-72 buy@71.5-72.1 tp:73-73.5 The Shark Trading...
Crude oil first fell to 70 yesterday, and then rose sharply. It fell and rebounded twice in 4 hours. It is fully in line with the short-term shorting analysis we gave yesterday. Combined with the daily trend, crude oil may rebound, which is very suitable for our short-term shorting. I suggest shorting near 73-73.5, pay attention to the timing of trading...
Last week clearly emphasized that the crude oil rise gap needs technical adjustment, HKEX:81 is an excellent opportunity to short, today's market very well verified my view, the next transaction, continue to short. Personal advice: continue to short around 80, target 79-78 Whether you are currently profitable or loss-making, trade with my signals and double...
After Monday's gap, crude oil has been out of the technical trend, and then it is necessary to make up for the previous gap, and the market will inevitably have a wave of downward movement, we can layout above $81. Personal advice: short above HKEX:81 , target focus on HKEX:80 -$78. Whether you are currently profitable or loss-making, trade with my signals...
Despite the unexpected drop in API crude oil inventory providing support to oil prices, the hawkish speech by the overnight Federal Reserve Chairman has continued to help the US dollar index soar, which has raised concerns about economic recession and continued to put pressure on oil prices. Although there is a chance for the oil price to rebound and adjust...