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Short-term trading suggestion for US crude oil: fluctuating upward, buy on dips

Short-term trading suggestion for US crude oil: fluctuating upward, buy on dips

汇通财经汇通财经2026/02/25 02:07
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(1) Analysis: The current upward momentum in oil prices has clearly weakened, and the easing of geopolitical tensions in the short term has led to a continued unwinding of previously priced-in risk premiums. At the same time, global inventories remain high, production continues to grow, and there has been no substantial improvement in the fundamentally loose market structure. From a technical perspective, the area above $67 is a previous high-volume resistance zone, with multiple rebounds being blocked and the price center gradually shifting downward, indicating a lack of trend-driven buying in the market. Unless there is a sudden event, oil prices are more likely to continue a weak and volatile trend, awaiting further changes in fundamentals.(2) Key focus: geopolitical situation, inventory data, US Dollar Index(3) Resistance: 66.30, 66.80, 67.60(4) Support: 66.00, 65.60, 65.00
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