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2026-02-18 09:13:21
【Short-term trading advice for US crude oil: range-bound trading, sell on rallies and buy on dips】 (1) Reasons for analysis: International oil prices are affected by the phased easing of US-Iran negotiations, the geopolitical risk premium has fallen, and the market has begun to factor in the expectation of potential supply recovery. At the same time, the recovery of global demand is still relatively mild, the inventory level has not decreased significantly, and the supply and demand structure lacks strong drivers. The US dollar is relatively stable, which also limits the rebound space of oil prices. In the short term, bullish and bearish factors are intertwined. After WTI broke through the key moving average, the momentum weakened. If the $60 mark is breached, it may trigger further technical selling pressure. Therefore, the overall trend is to trade in a range-bound and weak manner. (2) Key focus: geopolitical situation, trade sentiment, inventory data, US dollar index (3) Resistance: 62.60, 63.00, 63.50 (4) Support: 62.00, 61.60, 61.30
