Product Details
For spot investment (crude oil, asphalt, natural gas and precious metals), please contact the account opening specialist Consultant Yang to open an account, sign a contract, or make a deposit. How much is the handling fee for Yangtze United Yangtze River Silver? Are the handling fees of Changjiang Bank high? Xiao Yang is available to answer your difficult questions online every hour. What is the threshold for opening an account with Yangtze United Yangtze River Bank? How to open an account with Changjiang Bank? What is the spread of Yangtze Silver? Are the handling fees of Changjiang Bank high? At what point will Yangtze River Silver return its capital? br/> What is the handling fee for Yangtze United Yangtze River Bank? Are the handling fees of Changjiang Bank high?
The handling fee of Jianglian United Yangtze River Bank is 10,000% of the transaction amount (charged when closing the position).
Basic News
China’s crude oil monthly futures closed down by .USD, or .%, at .USD/barrel on Wednesday (May 1st), hitting an intraday low of .USD/barrel, with a monthly increase of .%. Brent crude oil monthly futures closed down .USD, or .%, at .USD/barrel on Wednesday, hitting an intraday low of .Yuan/barrel, with the month rising by .%.
The small non-agricultural data released overnight performed well, and the U.S. dollar index was boosted and climbed to a three-week high. However, the Chicago index released later was far less than expected, and the U.S. dollar index gave up all its gains and turned downward. The dollar's gains were temporarily blocked, limiting the downside for oil prices.
Oil inventory data shows that U.S. crude oil inventories increased by 10,000 barrels in the week ending March 1, and the market expected an increase of 10,000 barrels, recording large increases for two consecutive weeks. U.S. gasoline inventories fell by 0.0 million barrels last week, which was less than the market estimate of a 0.000 barrel decrease. At the same time, U.S. refined oil inventories increased by 0.000 million barrels, while market estimates were for a decrease of 0.000 barrels. The increase has been recorded for three consecutive weeks, and inventories hit the highest level in the year. However, inventories at Cushing, the U.S. crude oil delivery site, fell by 10,000 barrels to 10,000 barrels. Crude oil inventories in Cushing fell the most since the week of March.
The current market focus is on the non-agricultural data to be released on Friday. Whether the US dollar can continue its rise is very important to the trend of oil prices.
Oil Asphalt Market Analysis
Judging from the four-hour trend chart of China's crude oil, the price has fallen below the lower track of the Bollinger Bands, the Bollinger Bands channel has opened significantly, the lower and middle tracks are facing downwards, and the moving average system is arranged in a short order. . It is expected that there will be pressure on the dollar mark above, but the suppression force is not expected to be strong.
Taken together, under the trend of sharp decline, the auxiliary indicators show a bullish situation. In view of the line price falling below the lower Bollinger Band, it is expected that oil prices will rebound slightly in the early trading period to fill the indicator gap, but it does not rule out continuing to fall. Explore the possibility.
Suggestions for intraday operation of oil asphalt
Go short nearby, stop loss at 1 point, target
Go long nearby, stop loss at 0 points, target.
The second consecutive increase in crude oil prices has severely depressed oil prices. Production reached a new high in August, which cooled the production freeze. The cloud of oversupply of crude oil has enveloped the oil market. Oil prices plummeted and ended below the dollar. Currently, the market is turning its focus to the U.S. monthly non-farm payroll data to be released this Friday.
How much is the handling fee for Jianglian United Yangtze River Bank? Are the handling fees of Changjiang Bank high? For spot investment (crude oil, asphalt, natural gas and precious metals), please contact Account Opening Specialist Consultant Yang to open an account, sign a contract, and make a deposit. Xiao Yang warmly reminds that there are risks in the spot investment market, and you need to be cautious when entering the market.
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