Wan Kaizi long dollar rising gold blocked crude oil based short straddle seesaw ca1477

Kaizi: million dollar bulls rise gold blocked crude oil based market review and short straddle seesaw analysis: Wednesday after crude oil EIA mad child baptism, oil prices down V’s but has failed to be taken by surprise, change the price trend of the pupil. The market news is very long and short of both, as one falls, another rises, oil prices fell in the range of upward shocks. The next day at API in the morning and evening by the next day, oil prices plummeted skyrocketing prices of EIA influence the Asian session to continue to maintain a narrow range of shocks, the market at the same time, because of the organization of Petroleum Exporting Countries (OPEC) production capacity of organization and coordination concerns, oil prices under pressure. In Europe, 3 time oil prices fell slightly to $49 mark integer, but fortunately the strong demand and concerns about the situation in Venezuela is to provide support for the market, let the oil prices rebound slightly to reverse the situation, in the face of $50 oil price upside is still weak, still need further news stimulation can stand the position. There are days and beautiful session news on behalf of Saudi and Gulf countries in Riyadh this week in a closed door meeting to the Russian proposal to cut 4%, then oil prices help moderate rebound record $50 intraday $50.06. Although the downward pressure has slowed, but the signs of decline after midnight is still on the track support has a certain risk. Today the weekly Friday ending, if oil prices continue to rise, so prices will increase again next week. Interpretation of news: Thursday (October 27th) the period of international oil prices near three week low narrow shocks, U.S. crude oil futures in December is currently trading at $49.40 a barrel, due to the organization of Petroleum Exporting Countries (OPEC) production capacity of organization and coordination concerns, but to provide support to oil pressure; strong demand and focus on concerns about the situation in Venezuela for the market. Brent crude oil is expected to be difficult to break through $50 a barrel, due to concerns about the organization of Petroleum Exporting Countries (OPEC) and Russia and other non OPEC oil producers can effectively cooperate to suppress production and push up oil prices. The United States crude oil, the U.S. Energy Information Administration (EIA) released the latest U.S. crude oil inventories fell 553 thousand barrels to 468 million barrels, overnight briefly helped the oil recovered $50 mark, but later pared gains. Last week, 553 thousand barrels of inventory reduction, mainly on the west coast, which is independent of the rest of the storage network. The east coast and the Mexico Bay area is actually increasing inventory. But other factors also limit the decline in oil prices. In the OPEC member states of Venezuela, the spread of anti-government demonstrations and exacerbated the oil industry worried that the country’s oil production may be affected. In Asia, South Korea said Thursday it expects regional oil demand to rise. As crude oil is the main raw material for refineries, strong oil refining activity is bound to bring support to crude oil prices. Technical analysis: the next day to see the crude oil of crude oil in OPEC to boost the production of a charge ordered rose slightly in the long shadow of the little sun star technology from the daily chart, and temporary break empty oil prices trend "Lianyin". Bollinger Bands still showed a necking operation, that bear trend days still make prices difficult to uplink, MA5.相关的主题文章: