Hai Weihan:1.13Black Five Spot Crude Oil Operation Suggestions

Saudi Energy Minister Farih stated that Saudi Arabiacrude oilThe production has already fallen below100010000 barrels/At the Japanese border, it reached its lowest level in nearly two years, which is higher than beforeOPECAnd nonOPECThe production reduction agreement reached by oil producing countries stipulates. Although the current level is not significantly lower than100010000 barrels/Day, but already planned on2The reduction in production will be further expanded in the month.
　　
In addition, Kuwait's Minister of Oil announced on Thursday that Kuwait has reduced crude oil exports from North American and European customers by more than13.310000 barrels/However, it will ensure full supply to Asian customers, and the current reduction in production in the country has exceeded the level promised in the global oil producing countries reduction agreement.
　　
The United States released its initial request and import and export price index on Thursday, and several Federal Reserve officials also delivered speeches. However, the market is still immersed in disappointment with Trump's policy vacuum and has hardly responded to economic data and official speeches. Due to investor concerns that Trump will not fulfill his promises after taking office, the momentum of the US dollar correction is becoming increasingly significant, and the US dollar index fell on Thursday101Pass and break through the key point50The daily moving average has a worrying outlook. The weakening of the US dollar has provided support for the rebound of oil prices.
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United StatesWTIFrom the four hour trend chart of crude oil, it can be seen that oil prices continued to fluctuate and rise yesterday, breaking through at one point52.8The resistance level of the US dollar easily broke through in the evening53.5The US dollar is hindered, but support remains focused on52.1US dollars. From the perspective of indicators,KThe line continues to rise after breaking through the middle track, as shown in the attached imageMACDThe golden cross of the indicator speed line continues to move upwards, with a significant increase in the red kinetic energy column. Overall, combined with market news stimulation, Hai Weihan believes that there is sufficient action on oil prices, and there may be a short-term pullback. In terms of operation, it is recommended to focus on lower prices.
　　
Suggestions for spot crude oil operation:
　　
Strategy 1:52.8Going long near the US dollar, targeting the direction53.8Above USD, stop loss0.5USD;
　　
Strategy 2:54.3Short selling near the US dollar, targeting direction53.6Near USD, stop loss0.5USD.
　　
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