- 50:
- 50
- 40:
- 40
- 30:
- 30
Basically last Friday There were few external incidents, and oil prices fluctuated and ended lower. The rise in the US dollar and the increase in the number of drilling rigs put pressure on oil prices. At present, the market is still paying attention to C's production cut news. Oil prices edged lower on Friday as a stronger dollar and a continued rise in the number of active U.S. rigs offset expectations that talks on further OPEC production cuts would keep prices above the dollar. Brent crude oil settled down $., or .%, at $.00 a barrel. The contract ended the week flat. U.S. crude oil ended lower at $.$ per barrel. The contract rose about % this week. A stronger dollar weighed on oil prices. The U.S. dollar index had its best week in more than seven months, weighing on U.S. dollar-denominated commodities including crude oil.
The increase in drilling rigs puts pressure on oil prices. A report from crude oil services company Baker Hughes showed that the number of active drilling rigs in the United States increased by 30,000 rigs in the week ended March 30, a weekly increase of 10,000, and the number of natural gas platforms increased by 3,000,000, bringing the total number of oil and gas platforms to 30,000, compared with the previous week. The analysis learned that there was no major news to drive the market on Friday. The rig data pointed to a rise in crude oil production, but despite this, oil prices fell only slightly. The market is still paying close attention to the news of C production reduction. Currently, many expect that oil prices may continue to rise in the short term, driven by expectations of China's proposed production cuts. Plan C controls the global supply glut and urges major non-C oil-producing countries, including Russia, to join the production reduction plan. In addition, the market cannot ignore the impact of the US presidential election on oil price trends.
To sum up, Zhang Chengqi believes that for crude oil, we must eventually return to the issue of supply and demand. This is the fundamental factor that affects the later trend of crude oil. As for supply and demand, supply currently exceeds demand. For crude oil from OPEC and other countries, On the issue of production reduction, if OPEC oil-producing countries really reach a consensus on production reduction and implement it with practical actions, then oil prices will definitely usher in a spring. But judging from the current production of various countries, many countries are increasing instead of decreasing. This is equivalent to the previous nuclear leak in Japan. It was rumored that the price of salt would increase. Many people listened and started to hoard salt. And this is the same. Many countries They want to hoard crude oil before the meeting in order to meet the supply at that time. This also shows that OPEC and other countries have not fundamentally solved the problem of crude oil. They are all trying to capture more profits. This is human nature, and the country is also driven by It is made up of human beings, so it cannot escape the fundamental nature of human nature.
Analysis of the trend of silver and crude oil today and operational suggestions
Silver trading plan for year, month and day:
Market analysis: Spot silver closed negative on the weekly line last week, and the line shape is still bearish, and it has been negative for four hours. It is oscillating up and down and undergoing weak consolidation. The short-term downward trend pressure line slowly extends downward. Today, we will focus on the pressure in the range. The following focuses on the small double bottom formed in the early stage.
Technical indicators: Judging from the four-hour trend chart, the Bollinger Bands are in a flattening state, and the line runs in the lower track channel of the Bollinger Bands. The indicator C in the attached figure, the fast and slow line, is in a bonding state, and the indicators are also in a bonding state. . Taken together, the market is still in a state of range-bound adjustment.
Trading strategy: From the above analysis, we can see that silver is currently in a small range. It fluctuates and adjusts within a small range. Those who are aggressive during the day can carry out overvaluation and undervaluation operations within the range with small positions. Those who are stable will wait for the market to break. When performing operations, after breaking the position, focus on the pressure on the U.S. dollar at the top, and focus on the support of the U.S. dollar mark at the bottom.
Year, month and day crude oil trading plan:
Market analysis: After testing the high point many times in four hours, there was no market breakout. In the short term, . and . formed a double high. This week, the focus below will be on the key support level of the US dollar. If it falls below the key support in this range, a double top adjustment will be confirmed at the hourly level. Then there will be a downward adjustment in the first few days of this week, and the space will not be small, so the short-term US dollar mark is still the key, determining the short-term long and short strength. Short pressure level, support critical point.
Technical indicators: Judging from the four-hour trend chart, the Bollinger Bands are beginning to move downward. The line indicator is within the lower track channel of the Bollinger Bands, and the fast and slow line of the C indicator crosses downwards, and the green column of kinetic energy increases. In addition, the indicator's three-line dead cross diverges downward. Based on the comprehensive analysis, it is expected that the market will fall in the later period.
Trading strategy: It is recommended to pay attention in the short term. The suppression of the middle track of the four-hour Bollinger Bands and the short-term moving average on the front line. If there is strong pressure, pay attention to the short position. Pay attention to the support below. If you are aggressive in the short term, you can take advantage of it. Small long, be prudent and wait for the market to stabilize or confirm that the position is broken before proceeding.