Han Shuying:10month18Analysis of crude oil support resistance level, mainly on a wait-and-see basis before tomorrow's data

Han Shuying:10month18crude oilSupport resistance level analysis, mainly on the sidelines before tomorrow's data

During this period, due to the lack of substantial progress in the production freeze agreement, including the reluctance of oil producing countries such as Russia, Iran, and Nigeria to limit production, oil prices have been in a weak decline since reaching a new high at the beginning of the month. Moreover, with the continuous release of "smoke bombs" by various oil producing countries, the oil market news is relatively chaotic, without a clear bullish trend.


Against this backdrop, it is expected that oil prices will continue to experience short-term inter community fluctuations51US dollar suppression, take a look49Low support before the US dollar. Look at tomorrow'sAPIandEIAInventory should bring short-term stimulation to oil prices. Tomorrow morning, we will welcome the United StatesAPICrude oil inventory data, the current value before crude oil inventory is268.9Ten thousand barrels, current crude oil quotation5451For tomorrow's data analysis and prediction, the author Han Shuying suggests that the data should be mainly based on wait-and-see, and specific real-time response strategies can be added, such as Wei and Xinhsy972Consult Teacher Han Shuying.


The data bearish crude oil prices last week also led to a relatively rapid decline in crude oil prices. It is expected that the data will also provide some guidance for crude oil tomorrow. In the past two days, there has been a fierce competition between long and short positions in the market, and the author Han Shuying predicts that after the data is released, the market will have a direction choice.At present, the main pressure above is located51USD, with the lower part located at49US dollars, real-time data analysis and reporting, timely follow the author Wei and Xinhsy972Wait and see before the data, wait for tomorrowEIAThe market brings about a change in direction.


Before tomorrow's data, investors can maintain a wait-and-see attitude and pay attention to crude oil prices. After the data is available, they can choose the direction to operate.


Exclusive writer: Han Shuying 2016-10-18