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US crude oil short-term trading advice: range-bound trading, sell on rallies, buy on dips

US crude oil short-term trading advice: range-bound trading, sell on rallies, buy on dips

智通财经智通财经2026/07/30 21:01
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(1) Analysis: WTI crude oil remains in a high-level consolidation, as escalating geopolitical risks and a significant drop in US crude inventories continue to support oil prices. EIA data shows that the decline in US inventories exceeded expectations, easing supply-side pressures. However, the Federal Reserve's maintenance of high interest rates may limit demand expectations, and a strengthening US dollar also suppresses the upside potential for oil prices. In the short term, pay attention to support near $82, with the overall tendency toward range-bound fluctuations. (2) Key focus: geopolitical situation, inventory data, US Dollar Index (3) Resistance: 84.00, 85.00, 85.30 (4) Support: 83.00, 82.00, 81.50
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智通财经•2026/10/24 06:56
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