Daily Focus, Signal of Investment

Middle East Geo Risk Aggravated, Could Oil Prices Market Maintan The Rally?

Don’t miss the opportunity to make a profit, check the USOil trend now>>

API data showed a unexpected decline in U.S. crude inventories last week and the European Union ordered a ban on imports of Russian oil, lead to increased demand, providing good support for oil prices. At the same time, while the Russian-Ukrainian war has not ended, geopolitical risks in the Middle East are intensifying. Saudi Arabia says Iran is about to launch an attack, energy supply risks continue to rise. Hence, oil prices are currently bullish. However, the Fed’s hawkish interest rate hike expectations still exist, which may limit the inclines in oil prices. Please eyes on the results of the 11/3 Fed interest rate decision.

The trend of USOil can be paid attention to…

-Latest news on the Russian-Ukrainian war
-20:15 US ADP Employment (Oct)
-22:30 US EIA Crude Oil Inventories for the week ending 10/28
-02:00 Fed Interest Rate Decision
-20:00 BOE Interest Rate Decision
-20:30 US Unemployment Claims for the week ending 10/29
-20:30 US Unemployment Rate (Oct)
-20:30 US Non-farm Payrolls (Oct)
Which will affect USOil trends, and investors must grasp the opportunity of making orders.
Daily Focus allows you to understand the USOil market, increase profit opportunities, and immediately seize the opportunity!!

How to trade USOil on HXFX?

1. First, click here to register an HXFX account for free.
2. Next, download the APP and log in to complete the real-name authentication.
3. Contact customer service to receive your exclusive free trial bonus.
4. Click “Quote”, select “USOil” and click “Trade”. After the quotation page is displayed, you can click “Sell” or “Buy” to trade the product according to the trends.

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1. Leverage system
Investing a small amount of money will bring greater benefits, but may also bring greater risk of loss.
2. Low transaction costs
There are basically no handling fees, government taxes, etc.
3. Two-way transaction
Whether you are buying first and then selling in a bullish trend, or selling first and then buying in a bearish trend, you can get profit.
4. 24 hours trading
It is available in 24 Hours, investors can trade according to their own time.
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In the foreign exchange market, investors could exchange foreign currency at any time, even complete their transactions in a short time.

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Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.

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