Ultima MarketsMarket analysis: Demand has significantly shrunk, and there is still a probability of an upward trend in oil prices

todayUltimaMarkets Bringing you 2023 year 10 month 12Ribrentcrude oilIn depth analysis.

Fundamental points

·        美联储理事鸽派发言：美联储理事沃勒以及亚特兰大联储主席博斯蒂克均延续近期的鸽派立场，市场押注11月加息的概率不足9%。

·        减产协议或将延长：普京称，欧佩克+的（减产）协议很有可能会延长，明年可能会采取进一步措施稳定市场。

·        API原油库存大增：美国上周API原油库存增加了近1300Ten thousand barrels, for1月以来的最大增幅。整体来看，虽然沙特和俄罗斯放话明年可能采取措施稳定市场，但由于供应担忧消退以及API原油库存大幅增加，短期美布两油下挫，回吐巴以冲突以来大部分的上涨幅度。

technical analysis

Daily chart analysis

Brent crude oil daily chart, sourceUltimaMarkets MT4）

·        Random oscillation index：指标今日有拐头向下的趋势，但目前仍未明确形成死叉，需要等待今日油价趋势确认。

·        KLine structure：昨日日线收线跌破周一跳空的收盘价，下方跳空缺口是常见的潜在支撑价位，行情届时会有一定的反弹上行概率。

·        均线组阻力：前期跳涨的价格在33日均线受阻后下行，下方第一目标位为240日均线。这一价位与跳空缺口重叠，因此今日下行暂时判断为调整，受阻后油价仍有继续上行概率。反之，跌破10month6日低点位置后，才可确认原油价格仍将走长期空头趋势。

1Hour chart analysis

Brent crude oil1Hour chart, sourceUltima Markets MT4）

·        斐波纳奇价位：暂时判断当前下跌趋势判断为前期上涨趋势的调整结构，通过斐波纳奇回调线（黑色）和斐波纳奇扩展位（红色）能看出，目前已经来到61.8%回调和100%等比扩展的位置，行情有一定支撑概率。若继续下破，则行情看向78.6%回调和138.2%等比扩展的位置.

·        Random oscillation index：指标在今日亚盘时段再度下行，等待超卖区域出现金叉确认多头趋势来临后，观察油价突破前高后选择多头入场。

Hub Line Indicators

Brent crude oil1Hour chart, sourceUltima Markets MT4）

·        according toUltima Markets MT4InpivotIndicator, daily central price level87.055，

·        87.055Upward bullish, first goal87.978Second objective89.880

·        87.055Under bearish, first target85.152Second objective84.229

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.