Crude oil market analysis:
Today's crude oil trend is still bearish. There was a small rebound yesterday, but the rebound was just a rebound and has not reversed. The shape and indicators of crude oil are both bearish. Today, we can continue to sell it based on 69.0. If there is no major surprise in the fundamentals of crude oil, it is difficult to turn around after buying. The big suppression is also around 69.00 and 70.00.
Fundamental analysis:
Trump's tariffs have been affecting the market. The previous situation in the Middle East has temporarily come to an end, so gold has risen again due to risk aversion.
Operation suggestions:
Crude oil----sell near 69.00, target 65.00-62.00
Today's crude oil trend is still bearish. There was a small rebound yesterday, but the rebound was just a rebound and has not reversed. The shape and indicators of crude oil are both bearish. Today, we can continue to sell it based on 69.0. If there is no major surprise in the fundamentals of crude oil, it is difficult to turn around after buying. The big suppression is also around 69.00 and 70.00.
Fundamental analysis:
Trump's tariffs have been affecting the market. The previous situation in the Middle East has temporarily come to an end, so gold has risen again due to risk aversion.
Operation suggestions:
Crude oil----sell near 69.00, target 65.00-62.00
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We share free trading signals of various products (XAUUSD, foreign exchange, oil, BTC) every day, with high accuracy and lucrative profits.
t.me/+4-wvg-b090E2MWFh
t.me/+4-wvg-b090E2MWFh
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.