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Brent crude oil attempts to gain bullish momentum- Analysis-24-10-2025
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Brent crude oil attempts to gain bullish momentum- Analysis-24-10-2025
Oct 23, 2025 11:34 PM

The (Brent) price declined during its last intraday trading, amid the dominance of strong bullish corrective wave on the short-term basis, supported by its continuous trading above its EMA50, attempting to gain bullish momentum that might help it to recover and rise again, and attempts to offload its overbought condition on the relative strength indicators, especially with the emergence of the negative signals from them.

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