Li Ranqing:10month24Japan, Russia, and Russia join forces to maintain a bullish stance on crude oil next week

Li Ranqing:10month24Japan, Russia, and Russia joined forces,crude oilMaintain bullish thinking next week

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On Thursday, crude oil prices rose but failed to rebound, as shown in the technical chart52.2The pressure on the position of the US dollar is quite severe. After breaking out of the decline last Thursday, most investors in the market shifted their focus to the strength of the decline. However, after falling directly below the moving average on Thursday, further decline did not occur on Friday.

The rebound in crude oil on the technical chart is a counter trend rebound, clearly driven by news. And yesterday, the news mainly affected by the crude oil trend was still about the supply and demand relationship of fundamentals. How to add Li Ranqing and Wei Xin to the future trend of crude oil markettre458Consulting relevant ideas, last Friday, the dual benefits of Tsarist Russia prompted prices to quickly stabilize and rebound, and returned to the moving average position.

Russia's attitude towards the issue of crude oil freezing and even reduction is crucial.OPECChairman Balgin has stated that Russia will not be an obstacle to the production restriction plan, while previously tough President of Rosneft, Sergei, has also stated that he will follow government orders. In addition, there has been news of a decline in production from the Saudi side.

The dual benefits led to a rapid rebound in crude oil prices after stabilizing yesterday. Based on the current trend, this rebound will continue. It is recommended to maintain a bullish approach in the short term. However, during this period, Russia has only made a verbal statement about reducing production. If effective measures are not taken next week, crude oil will still fall, and the main support for the current decline in asphalt prices needs to be noted4740Nearby, the above points are provided by the author Li Ranqing's platform, and the specific resistance support point analysis adds credibilitytre458Acquiring is not that you can't make money, it's just that you've chosen the wrong team and the wrong people, and endless guidance will only make you deeper and deeper.

[table=100%,#ffffff]　　This article is exclusively compiled by Li Ranqing and plagiarism is strictly prohibited;I have a long-term cooperative relationship with Baidu Column and regularly push articles every day. Investors are welcome to come and give me advice. Welcome investors to follow Li Ranqing's WeChat accounttre458Get the latest inquiries in a timely manner.