Su Wenyan:10month24Key Focus of Japanese Crude Oil, Speech by Federal Reserve Officials in the Evening

Su Wenyan:10month24daycrude oilFocus of attention, speeches by Federal Reserve officials in the evening

Crude oil prices have been fluctuating at high levels during this period, and due to news from Iran over the weekend, crude oil prices experienced a bearish opening this morning. Iran has stated that it will not participate in production cuts. This is undoubtedly a huge blow to the crude oil market. It is difficult to turn the tide of crude oil prices today, and the main focus is still on the speeches of Federal Reserve officials in the evening. Add credibilityswy502The author Su Wenyan will be the terminator of your topic, and the future trend will be fully grasped.

The focus of Federal Reserve officials' speeches still needs to be on the timing of interest rate hikes9After the Federal Reserve did not announce a rate hike in the month, a series of speeches by US officials tended to be hawkish, and if today's speech further raises expectations of rate hikes, it is expected that crude oil prices will reach another level. Currently, crude oil is mainly concentrated in50Once the volatility around the US dollar falls, the future market will be extremely weak.

In addition, from a technical perspective, the current crude oil price entered a weak pattern after the morning jump, but stabilized after a slight decline in today's market, indicating that the price is not so easy to fall at a low level. It is expected that the market will not further break through before the evening data. Currently, in terms of fluctuations in fuel hydrocarbons, prices are still fluctuating4780The pressure in the vicinity is quite severe, and it is recommended to maintain the mentality of short selling at high points before the evening data. Add credibilityswy502I tell you that first of all, you must have a clear judgment on the support resistance level of the market, and how to determine the support resistance level. The author, Su Wenyan, is in Weixinswy502I have great suggestions to share with you. Welcome to add and get them.