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Forecast update for Brent crude oil -13-08-2025
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Forecast update for Brent crude oil -13-08-2025
Aug 13, 2025 5:08 AM

The price of (Brent) declined in its last intraday trading, confirming breaking the critical support at $66.00, and there is a continued dynamic resistance from its trading below EMA50, and under the dominance of a minor bearish wave and its trading alongside supportive bias line for this track on the short-term basis, with the beginning of positive overlapping signals on the (RSI), after reaching oversold levels, but the effect of the selling powers seems stronger.

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