Industrial Investment: Adding Gospel to the Great Fall of the US Dollar Five consecutive increases in crude oil with sword fingers50

Industrial Investment: Adding Gospel to the Great Fall of the US Dollar crude oilFive consecutive rising sword fingers50
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Crude oil:
Despite the resumption of growth in the number of US oil drilling platforms last Friday, the decline in the US dollar and continued short covering of crude oil by investors have driven the rebound of crude oil in both regions for the fifth consecutive trading day, and US crude oil is approaching50Gateway. United StatesNYMEX 9Monthly crude oilfuturesrise0.64USD, increase1.3%Report49.79dollar/bucket;ICEBrent10Monthly crude oil futures increase1.34%Report52.32dollar/Bucket.
According to the latest data released by American oil service company Baker Hughes, as of7month28During the current week, the number of active oil wells in the United States increased2Seat to766Zuo, Chuang2015year4The highest since the beginning of the month, but the entire7Monthly increase only10Seat2016year5The month with the smallest growth rate in recent years. The number of crude oil wells still shows an increase, but the optimistic sentiment in the crude oil market did not change last Friday. Due to the impact of the number of drilling platforms, inflation will be reflected in Monday's crude oil trend, so crude oil is expected to be under pressure on Monday.
At present, crude oil has been rising continuously for a week, but analysts say that the recent rise in oil prices has a fragile foundation due toOPECThe official has not announced production restrictions on Libya and Nigeria, and in the coming monthsOPECCrude oil production will increase. So whether crude oil can continue to rise this week still depends onOPECMore actions and a decrease in US crude oil production and inventory.
US crude oil remains slightly stable at50Organize below the checkpoint, due to50The barrier is an important psychological barrier. Whether crude oil can rise above this level depends on the guidance of more news today, and it is expected that there is not enough momentum to break through this level at the moment.
USD Index:
Last Friday, US data showed that the second quarter of the USGDPAnnual growth rate2.6%, slightly less than expected growth2.7%;The United States, which the Federal Reserve is most concerned aboutPCEInflation data is uneven. Q2 in the United StatesPCEThe initial value of the annual rate of the price index was recorded0.3%, significantly lower than the previous value2.2%;But the corePCEPrice index annual rate initial growth0.9%Better than expected0.7%. The mixed quality of US data makes it difficult to enhance market confidence in the Federal Reserve's interest rate hike at the end of the year, leading to the US dollar index continuing its decline and returning to near a year low93.21, received at93.24. Today you can follow the United States7Month ChicagoPMIand6Monthly contracted housing sales index and other data.
technical analysis
US crude oil:
Daily chart: Random indicators have severely overbought, beware of a decline in oil prices.
4Hour chart:50The resistance near the checkpoint is strong, and to open up the upward space, one needs to climb above that level.
Hour chart: Currently, the rebound momentum has significantly weakened and is at a high level49.94Nearby narrow oscillations.
Overview: There is a risk of a downturn. It is recommended to do so within the day50Short positions near the checkpoint, let's take a look first49.40Look again49.00Stop loss set at50.30upper.
Brent crude oil:
Daily chart: Multiple consecutive days of rebound, with random indicators already in oversold zone and demand for reversal.
4Hour chart: In the short term, actions may not be able to support further increases in oil prices.
Hour chart: The rebound kinetic energy is significantly weakened, or there is a possibility of falling back.
Overview: Expected to decline. Suggest within the day52.70Short the first line of light positions, let's take a look first52.00Look again51.60Stop loss set at53.00upper.
Follow on Monday:
Japan6Monthly construction of new housing and monthly rate
Italy6Initial monthly unemployment rate
britain6Monthly central bank mortgage loan permit/Mortgage loans/Consumer credit
britain6monthM4Monthly rate of money supply/the annual rate
Italy7monthCPIHarmony and HarmonyCPIMonthly rate/Annual rate initial value
eurozone7monthCPIHarmony and HarmonyCPIMonthly rate/Annual rate initial value
euro6Monthly unemployment rate
Italy6monthPPIMonthly rate/the annual rate
Canada6Monthly rate of industrial and raw material price index/the annual rate
U.S.A7Month ChicagoPMI
U.S.A6Monthly sales and monthly rate of completed housing