Year1
- 50：
- 50
- 40：
- 40
- 30：
- 30
>
Market Review
Oil prices are rising steadily, just like I did a few days ago. Yesterday, oil prices broke through the first line in the European trading session. I had been optimistic about the rising trend of crude oil before, and it was true. Therefore, yesterday, customers were able to get enough of the addiction of making money. Oil prices fell slightly during the US session and finally closed.
Latest News
Focused Meeting
Since the production reduction meeting was reached last Wednesday, oil prices have risen rapidly and soared straight to the mark. Optimism about production reduction has been spreading in the market. This week will also be a carnival week for crude oil, with the meeting between OPEC and non-oil-producing countries on Friday and Sunday. This meeting may decide on global production cuts and stabilize the oil market. According to reports, the Organization of the Petroleum Exporting Countries (OPEC) will meet with non-states in Vienna on Saturday to finalize a global crude oil production limit agreement. Where oil prices go will depend on the outcome of Saturday's deliberations. However, we are optimistic that this week's meeting will bring good news.
The Italian referendum failed
The Italian referendum was agitated and ended in failure. Italian Prime Minister Renzi said yesterday that he would resign and step down. After the news was announced, the exchange rate of the euro against the U.S. dollar fell by more than %, reaching a new low since the beginning of the new year. Normally, a stronger U.S. dollar would weigh on U.S. dollar-denominated oil prices. Black swans have appeared frequently in recent times. Brexit is a black swan, Trump's election as president is a black swan, and the Italian referendum is also regarded as a black swan by the market. However, Lu Fuxi believes that the impact of the failure of the referendum is not affected by the market. The prediction is so terrible. At best, it can only be deduced that Italy's "Brexit" risk has increased, and it is still far away from the real "Brexit" risk.
Technical Analysis
Crude oil: After crude oil closed three positives in a row, it received a negative column with a shadow yesterday. Looking at the daily line, the line has already crossed the moving averages of the Bollinger Bands. The Bollinger Bands have narrowed, the three lines have slowed down, the / cross golden cross has gone up, the red energy column in the sub-picture has increased volume, the indicator is neutral, and the fast and slow lines pass above the axis. The agreement to stimulate oil price bulls will still play a leading role in the investment market on Friday and Saturday. The author is still optimistic that this meeting will bring opportunities to boost oil prices. Looking at the four-hour view, the /Cross Golden Cross rises, and the line runs within it. Oil prices are supported by the .
On the whole, since the production reduction agreement was reached, oil prices have risen sharply, and the US dollar has fluctuated up and down. There will be further discussions between oil-producing countries and non-oil-producing countries in the near future. Cut production to stabilize the oil market. By then, oil prices will have a good time, and breaking through the barrier is just around the corner.
Operation strategy: It is recommended to go long near . and stop loss. The target is.
WhatsApp
