CM Trade

Download APP to receive bonus

GET

Gold and crude oil, ice and fire song

2022-02-17
975
The gold and crude oil trend overnight is negatively related reverse trend: one up, one down, causing two varieties of trend so depth, mainly fundamental and market structure have changed, with the OPEC conference and the Federal Reserve Conference Dust settlement, non-agricultural tonight will be in the case of super.

After 76.50 US dollars on the station, the roaming of all the way, and now fully recovered the decline in the previously impact of O'K戎, highlighting the optimism of the market on the global economic prospects, plus OPEC maintains conservative production strategy, and also big Reduces the output risk of the supply. Non-agriculture tonight is more complicated in oil prices, as long as data is not less than market expectation, it will improve the shape of the economic recovery process. From this level, it will provide oil prices to provide power, while data is good It will also support the dollar, and will suppress oil prices at this level. It is expected that the fluctuations of crude oil tonight are not as good as gold, performance or struggle.

According to the technical plane, the oil price rose with a starting point of $ 76.50. The current support has been moved to $ 79, and it will continue to be bullish on the support.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More