Ultima MarketsMarket analysis: Insufficient demand outlook, crude oil falling into a downturn,...

todayUltimaMarkets Bringing you 2023 year11month 9day Brentcrude oilIn depth analysis.

Fundamental points

•         全球经济不景气：海外经济复苏不及预期所致，例如近两个月美国失业率超预期，新订单指数收缩速度加快等，导致原油未来需求存疑，油价顺势绘图前期避险情绪带动的涨幅。
•         供需均衡支撑油价：原油整体供应端尚未出现收紧迹象。长期来看，供需格局处于偏宽松状态，但短期供应端或有减产可能，价格可能存在一定支撑。
  

technical analysis

Daily chart analysis

（原油日线图，来源UltimaMarkets MT4）

•         Random oscillation index：指标进入超卖区间，抛压严重，需要警惕行情短期日内反弹的来临。
•         均线组合：5日均线彻底跌破200日均线后，行情并未出现有效的反弹结构，连续两日的下跌可能需要一定时间进行调整。反弹目标价位看向5Around the daily moving average.
•         Downward channel line: From9month27日原油开始下跌，整体市场趋势形成下行通道线。昨日下跌触及通道线下沿，短期有一定的反弹概率。
  

1Hour chart analysis

Brent crude oil1Hour chart, sourceUltima Markets MT4）

•         Random oscillation index：指标已经发出多头信号，油价有一定的反弹动能。但是在油价没有上破81.316价位前不能轻言反弹。
•         bareKstructure：油价当前处于强势的下跌趋势中，不能随意选择抄底入场。尽管当前指标都是暗示反弹在即，但是需要等待明确的看涨结构再做判断。
  

Hub Line Indicators

Brent crude oil1Hour chart, sourceUltima Markets MT4）

•         according toUltimaMarkets MT4InpivotIndicator, daily central price level81.178，
•         81.178Upward bullish, first goal82.268Second objective83.852
•         81.178Under bearish, first target79.594Second objective78.519
  

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.Ultima MarketsWe 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.