Crude oil market analysis:
The recent crude oil daily line began to fluctuate, and entered a stagnant market after a sharp drop. Without the influence of the Middle East situation, it is inevitable that crude oil will start to fall all the way. Crude oil will rebound this week. Pay attention to the suppression of 67.00. Consider selling it close to it. Crude oil rebounds greatly and sells. Sell it when it rebounds slightly. The strong support below is around 63.00 and 60.00.
Fundamental analysis:
Last week, we experienced the Independence Day holiday in the United States, and the suppression of the previous non-agricultural employment data. At present, the data and fundamentals are suppressing gold and crude oil. However, the US dollar did not rise, but kept falling.
Operation suggestion
Crude oil------sell near 67.00, target 62.00-60.00
The recent crude oil daily line began to fluctuate, and entered a stagnant market after a sharp drop. Without the influence of the Middle East situation, it is inevitable that crude oil will start to fall all the way. Crude oil will rebound this week. Pay attention to the suppression of 67.00. Consider selling it close to it. Crude oil rebounds greatly and sells. Sell it when it rebounds slightly. The strong support below is around 63.00 and 60.00.
Fundamental analysis:
Last week, we experienced the Independence Day holiday in the United States, and the suppression of the previous non-agricultural employment data. At present, the data and fundamentals are suppressing gold and crude oil. However, the US dollar did not rise, but kept falling.
Operation suggestion
Crude oil------sell near 67.00, target 62.00-60.00
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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.