What is the relationship between the rise and fall of crude oil? Will the rise of the dollar drive the rise of crude oil?

The ups and downs mainly depend on his fundamentals and technical aspects. General fundamentals mainly depend on important economic data and market policies. Market policy mainly focuses on the Organization of Petroleum Exporting Countries, and economic data mainly depends on EIA in the United States.

The technical side mainly analyzes the trend direction of the market according to the K-line and technical indicators. If the fundamentals and technical aspects are consistent, you can determine the market direction and trend, and you can place an order.

In principle, the appreciation of the dollar will depress oil prices to some extent. However, the specific impact depends on the actual development of the market, and sometimes it will rise and fall together.

The biggest impact on crude oil still depends on the US EIA crude oil inventory data, which is the most intuitive and rapid.