• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Conflict Situation: 1. Irans Deputy Foreign Minister stated that a preemptive strike against the US is also an option. 2. Israel Defense Forces: Strike a building in Gaza used as an ambush position by Hamas. 3. US President Trump claimed that Irans Supreme Leader was injured but not dead. 4. Iran claims to have carried out multiple "preemptive actions" and that its military strength has been replenished. 5. According to Saudi Arabias Al Arabiya TV: Two explosions were heard in the port of Mocha, Yemen, and Houthi rebels launched missiles at Mocha again. 6. According to Tasnim News Agency: Local sources in Syria reported that Israeli artillery attacked Syrian highlands near Damascus. 7. According to Axios: US Secretary of State Rubio recently informed several foreign counterparts that the US does not currently expect to launch a new military strike against Iran. Strait of Hormuz: 1. Ship traffic in the Strait of Hormuz on Tuesday was below the 10-day average. 2. Saudi Arabia adjusted its oil shipments under Houthi threats, leading to a surge in shipping activity in the Persian Gulf. 3. According to Sepah News, the official news website of the Iranian Revolutionary Guard Corps: A spokesperson for the Iranian Revolutionary Guard Corps stated that Iran and Oman have reached an agreement on revenue sharing in the Strait of Hormuz. 4. Reuters, citing Iranian sources: Iran and Oman have not yet finalized an agreement on the Strait of Hormuz. 5. US President Trump: The Strait of Hormuz is operating normally, and large amounts of oil are flowing out. 10 million barrels of oil left the Strait of Hormuz yesterday. 6. According to Irans Press TV: Oman has stopped cooperating with the US on escorting oil tankers through the southern route of the Strait of Hormuz. 7. Sources: The US may have made some progress in clearing mines in international waters, but allies estimate that the 80 to 150 mines laid by Iran have not yet been completely cleared. Peace Negotiations 1. Trump: There is "no timetable" for when Iran will return to negotiations. 2. Israeli Prime Minister Netanyahu: He sees no possibility of reaching a diplomatic agreement with Iran. 3. US Energy Secretary: Washington prefers diplomatic dialogue with Iran, but will destroy Tehrans nuclear facilities "if necessary." 4. Iranian Nuclear Energy Chief Eslami: Iran remains in a state of war, and its nuclear facilities are not yet safe enough to be inspected. 5. Iranian Official: Inspections of all attacked nuclear facilities must be approved by the Iranian parliament. Other Matters: 1. According to the Wall Street Journal: US President Trump submitted the Saudi Arabian nuclear agreement to Congress. 2. Sources: US intelligence facilities in the Middle East have been severely damaged by Iran; repairs may cost billions of dollars. 3. Sources: Some oil companies will avoid using ships on Irans "blacklist." 4. According to IRNA: Iran and Gazprom are discussing cooperation in the natural gas industry. 5. According to Al Jazeera: Iranian President Pezechzian and Russian President Putin plan to meet next week. 6. Spokesperson for the Qatari Foreign Ministry: The Qatari Prime Minister will visit Tehran on Thursday to meet with several Iranian officials to discuss ways to ease tensions. 7. Sources: The US Department of Justice is preparing to activate a long-dormant maritime war tribunal to streamline the process of the US military seizing Iranian oil tankers as "trophies."Nasdaq futures rose about 1% in early trading on Thursday, boosted by a 4.5% after-hours gain in Nvidia (NVDA.O).UN Secretary-General António Guterres: The UN team and partners are mobilizing supplies and personnel in Nepal to support flood-affected communities.On August 27th, it was reported that the value of Zooms (ZM.O) stake in Anthropic has increased to $3.13 billion. According to the company, the investment generated a paper profit of $1.61 billion in the three months ending in July. Zoom first invested in Anthropic in early 2023, establishing a partnership to integrate Anthropics Claude model into Zooms products. Furthermore, Zoom revealed that it invested an additional $301 million in Anthropic in the six months ending in July of this year.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 4.5 occurred near the sea area of Taitung County, Taiwan at 05:47 on August 27. The final result is subject to the official rapid report.

U.S. crude oil trading strategy on October 5: OPEC+ releases positive, but we still need to be wary of overbought signals!

Oct 26, 2021 10:58

On Tuesday (October 5), US crude oil rose slightly. The news of short-term OPEC+'s gradual increase in production is expected to continue to ferment, but at the same time, overbought signals suggest that there is a risk of correction. It is recommended that conservatives wait and see, and radicals continue to buy more on dips.


Daily level: OPEC+ agreed on Monday to stick to the existing agreement and gradually increase oil production. This news caused oil prices to rise rapidly.

The positives in the day are expected to continue to ferment, but the general risk aversion is not conducive to rising oil prices.

Technical indicators are mixed. The moving average system is long. MACD maintains the golden cross, but the RSI has overbought signals, suggesting a callback risk. It is recommended that conservatives wait and see, and activists continue to buy more on dips.

The upper resistance level focuses on the October 4 high of 78.38, and further attention is paid to the 79 mark and the 80 psychological mark.

Below support levels focus on the 5-day moving average 76.17, and further focus on the 10-day moving average 74.98 and the September 15 high of 73.14.

(U.S. crude oil daily chart)

Resistance levels: 78.38; 79.00; 80.00
Support levels: 76.17; 74.98; 73.14

Short-term operating suggestions: conservatives wait and see, radicals do more on dips.

At 14:47 GMT+8, U.S. crude oil was quoted at $77.76 per barrel.