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On April 4, the Yangtze River Delta Railway ushered in the peak of passenger flow during the Qingming Festival. It is expected to send 4.1 million passengers today, 365,000 more than the same period last year, an increase of about 9.8%, and is expected to set a new record for single-day passenger volume. This years Qingming Festival railway transportation will start from April 3 to 7. The Yangtze River Delta Railway is expected to send 17.6 million passengers in 5 days, with an average daily passenger flow of 3.52 million, a year-on-year increase of 6.8%.The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."

U.S. crude oil trading strategy on October 13: oil price rise slows down, need to be wary of callbacks

Oct 26, 2021 11:03

On Wednesday (October 13), US crude oil fell slightly, and the short-term gains slowed down, and the possibility of a callback is not ruled out. It is recommended that conservatives wait and see, and activists continue to buy more on dips.


Daily level: The rise of oil prices this week has been limited to a certain extent, and natural gas prices have also begun to pull back.

But the fundamentals behind it still haven't changed much, which determines that oil prices will continue to run at a high level or even continue to rise in the short term.

However, from a technical point of view, the RSI shows an overbought signal, which will cause a certain drag on the oil market bulls, so the possibility of a short-term correction is not ruled out. It is recommended that conservatives wait and see, and radicals continue to do more at low positions.

The upper resistance level focuses on various integer levels, and the lower support level first focuses on the psychological level of 80.00 near the 5-day moving average, and further focuses on the 10-day moving average of 78.46 and the July 6 high of 76.98.

(U.S. crude oil daily chart)

Resistance levels: 82.18; 83.00; 84.00
Support levels: 80.00; 78.46; 76.98

Short-term operation recommendations: conservatives wait and see, radicals do more low.

At 14:47 GMT+8, US crude oil was quoted at US$80.58 per barrel.