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Forecast update for crude oil -09-09-2025
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Forecast update for crude oil -09-09-2025
Sep 9, 2025 6:09 AM

Crude oil prices reduced their gains for today, supported by the emergence of the positive signals on the (RSI), until hitting $62.85 resistance which put it under negative pressure that forced it to bounce lower, amid the dominance of the main bearish trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure on the price.

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