financetom
Technology
financetom
/
Technology
/
Brent crude oil attempts to offload its overbought condition -Analysis-14-05-2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brent crude oil attempts to offload its overbought condition -Analysis-14-05-2025
May 25, 2025 6:53 PM

Brent crude oil price declined in its recent intraday trading, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside bias line, with the continuation of the positive pressure due to its trading above its EMA50, which makes the price decline to gather its previous gains, and attempt to offload some of the clear overbought conditions on the (RSI), especially with the beginning of negative overlapping signals appearance, to gather its positive strength that might assist it to recover and rise again.

Do you need help in trading decisions? Do you want to learn how to start trading?

Join Economies.com VIP Club and benefit from over 15 years of market analysis expertise and get:

Full coverage of commodities such as gold, oil, silver, and more Full coverage of all major forex currency pairs Full coverage of key global indices and stocks Full coverage of major cryptocurrencies and meme coins Accurate analysis and daily updated price forecasts Exclusive and breaking news Reliable trading ranges for effective risk management Comprehensive educational materials, competitions and prizes! Innovative tools to enhance your trading performance Special Offer: Subscribe to the Economies.com VIP channel and get also a free subscription to a trusted trading signals channel provided by Best Trading Signal.

Join VIP Channel Join Free Channel

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
Sep 6, 2024
The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security of digital assets and the far-reaching implications for the global financial system. According to blockchain analysis firm Chainalysis, funds...
AMC Networks, Charter Communications Renew Distribution Agreement
AMC Networks, Charter Communications Renew Distribution Agreement
Sep 6, 2024
09:46 AM EDT, 09/04/2024 (MT Newswires) -- AMC Networks ( AMCX ) and Charter Communications ( CHTR ) have agreed to an early renewal of their multiple-year distribution agreement allowing the telecom company to carry AMC's cable television networks as well as the ad-supported version of its AMC+ streaming service for Charter's Spectrum TV Select subscribers, the companies said early...
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
Sep 6, 2024
Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
Sep 6, 2024
Employment vacancies in the United States dropped sharply in July, hitting the lowest level in over three years and signaling a significant cooling in the labor market. Job openings fell to 7.673 million in July, down from a downwardly revised 7.91 million in June, according to the latest official data Wednesday from the Job Openings and Labor Turnover Survey (JOLTs)....
Copyright 2023-2025 - www.financetom.com All Rights Reserved