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Brent crude oil attempts to gain positive momentum- Analysis-01-08-2025
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Brent crude oil attempts to gain positive momentum- Analysis-01-08-2025
Jul 31, 2025 10:48 PM

The (Brent) price fluctuated in its last intraday levels, amid its attempts to gain positive momentum that might assist it to recover and rise again, amid its trading alongside a minor bullish trend on the short-term basis, supported by its continuous trading above EMA50, besides the emergence of the positive signals on the (RSI), after reaching oversold levels, increasing the bullish momentum on the near-term basis.

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