Zhang Yiqiao:10month21Analysis of the European market for daily spot crude oil and operational suggestions(Must See)

　　Zhang Yiqiao:10month21Daily Spotcrude oilAnalysis of European market conditions and operational suggestions(Must See)

　　OPECIntended to11month30Convene a meeting on a daily basis to discuss production reduction matters, hoping to discuss daily production reduction50-100Ten thousand barrels make a decision. Saudi Arabia, a major oil producing country, has recently continued to call for production restrictions and hopes thatOPECCountries, especially Russia, can also cooperate with actions, but it is expected thatOPECBefore the official announcement of the details of the production reduction at the conference, the market's wait-and-see sentiment may have heated up. Yesterday, Xirui crude oil emerged from a pullback under the pressure of market wait-and-see sentiment and a significant rebound in the US dollar.


Although the current market has different opinions on the future trend of crude oil and there are also many doubts about whether frozen production can be achieved, given thatOPECA framework agreement has been reached, and investors should not confront Saudi Arabia. It is best to adapt to the current overall strength as soon as possible, and international oil prices will be affected in the future50reach60A new pattern of interval fluctuations.


In terms of technical aspects of Xirui crude oil, the intraday Asian session maintained the weak pattern of yesterday evening and has been running below the hourly chart moving average. Currently, there has been a certain rebound in the Asian market at the end of the day. If the hourly chart closing line stabilizes the moving average position, the short-term correction may end. However, if the hourly chart closing line still closes with a negative line, it means that the weakness will continue. The main support below is focused on4Hour graph up channel down track position4700Nearby, the author's name is Xingzhyq505It is expected that there will be further competition for the hourly moving average position during the European period.


Real time operation strategy for Xirui crude oil in the European market:


　　1Callback4700Long nearby, stop loss4670, Objective4740reach4750


　　2During rebound, the position of the middle track in the Tu Bollinger Band4760reach4770Short range, stop loss4800Looking at the target again4710reach4720


　　3Today and Friday, there are signs that the weak pattern will continue. Therefore, the overall operational strategy for the day is to focus on short orders and supplement with long orders. The benign correction will end, and the correction will focus on long positions