Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
US crude oil short-term trading suggestion: fluctuating downward, sell on rallies

US crude oil short-term trading suggestion: fluctuating downward, sell on rallies

汇通财经汇通财经2026/04/15 02:13
Show original
(1) Analysis reasoning: The anticipation of US-Iran negotiations eases supply concerns, leading to a pullback in oil prices as the geopolitical premium continues to correct; meanwhile, the resumption of traffic through the Strait of Hormuz weakens market tensions. A weaker US dollar provides some support, but there has been no significant improvement in demand. In addition, technical indicators show a break below the previous key level of $95, suggesting short-term weakness and range-bound volatility, with possible repeated movements within the range.(2) Key concerns: Geopolitical situation, inventory data, US Dollar Index(3) Resistance: 92.00, 95.00, 100.00(4) Support: 87.00, 85.00, 82.00
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

700,000 new elderly patients join, Eli Lilly (LLY.US) dominates 70%: The first Medicare weight loss drug coverage report released

Dave Ricks, CEO of Eli Lilly (LLY.US), said in an interview on Monday that since Medicare began coverage for obesity drugs in July, 700,000 new elderly patients have started using GLP-1 medications.

智通财经2026/09/21 23:31

Federal Reserve tariff refund survey: Enterprises prefer "hoarding cash" rather than investing or lowering prices, casting doubt on the economic stimulus effect

A Federal Reserve study found that most companies retain tariff rebate funds.

智通财经2026/09/21 23:11