U.S. crude oil WTI futures prices closed slightly higher on last Friday (December 18). The dollar index retreated from a two-year high as the PCE report showed slowing inflation pressures, boosting expectations of two more Fed rate cuts next year.
A weak dollar makes oil cheaper for holders of other currencies, while interest rate cuts could spur economic growth and boost oil demand.
West Texas Intermediate (WTI) for February delivery rose $0.08, or 0.11%, to settle at $69.46 a barrel on the New York Mercantile Exchange, after losing 1.92% last week.
Operation suggestion: The crude oil weekly line to the lowest position of 68.76 after the market finishing, the weekly line in the position of 69.88 after the market with a lower shadow line very long bardo line line.
long near 69.2, stop loss 68.6, target 70.2-71.
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
暂无评论，立马抢沙发