- 50:
- 50
- 40:
- 40
- 3:
- 30
Crude oil technology Analysis
U.S. crude oil analyzed from the daily chart, the daily chart closed for six consecutive positive days. Bollinger Bands open upward. Run along the Bollinger Band track. The moving average system is arranged upwards in a long position, and the market has oscillated upward along the daily moving average since it stabilized on the daily moving average. And the daily moving average moves upward and forms a golden cross. The bullish energy indicators in the chart below continue to exert force. Distributing upward, the current bullish trend of the market is relatively strong. At the daily level, focus on the daily moving average support level.
The hourly moving average system is arranged upwards in a long position, and the market oscillates upward along the moving average. The indicators in the picture below are bullish and the fast and slow lines are running upward.
Together, it is recommended that crude oil enter the market at a low level and mainly buy long orders
Operation suggestions
See above. Stop loss for short orders nearby. Target
See below. Stop loss for long orders nearby. . Target
Natural Gas Technical Analysis
Affected by inventory data last night, the price of non-ferrous natural gas rebounded strongly and was blocked at the Bollinger Middle Track. The moving average of the moving average system oscillates upward, and the strong breakthrough is blocked at the top. The market's rise and fall are temporarily gaining support. The lower daily line level focuses on the lower moving average position, which is also the best position to enter long orders during the day. The indicator in the chart below has reduced short-selling energy. Radiate upward. The recent market trend at the daily level has continued to rise. In terms of day operation, it is recommended to mainly do long positions at low positions.
Operational Suggestions
Hold the stop-loss point for short orders near the top, and look for the target below
Hold the stop-loss point for long orders near the bottom, and look for the target
The minutes of the Federal Reserve meeting released on Wednesday showed that, Members of the Federal Open Market Committee, which sets interest rates, were generally optimistic about the U.S. economic outlook and the job market. However, many members are not in favor of raising interest rates in the short term, fearing that employment growth will slow down in the future. In the Asian session on Friday (July 2), bulls on the U.S. dollar index launched resistance, and gold prices ended their daily positive streak.
The gold area has been an area of intensive trading before, and it is more difficult for gold prices to be cleared by bulls. On the macro level, the data on Friday will be relatively light, and the trend of the US dollar and even global market sentiment will dominate the trend of gold prices.
Technical Analysis (Spot Gold European Market)
In the meantime, gold continued to consolidate below the triangle trend line, forming a suppressed downward trend. It closed directly lower in the hour and closed on the negative line, swallowing up yesterday's gains in the US market. Supported by the middle track of the Bollinger Bands, but the counterattack is limited, I am afraid that the European market will fall into a short pattern on Friday. The strong support below focuses on the lower track position of the hourly Bollinger Bands. In terms of operation, shorting on highs will continue.
Looking at the current graph, it fluctuated at a high level overnight and continued downward in the morning. The support line formed a shock. However, it fell back after the high. The bulls cannot continue, so don’t expect a rebound from the bulls. We still mainly follow the trend and short. .