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Brent crude oil gathers its positive strength -Analysis-16-06-2025
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Brent crude oil gathers its positive strength -Analysis-16-06-2025
Jun 15, 2025 11:05 PM

The (Brent) price declined in its last intraday trading, witnessing an attempt to gather the gains of its last strong rises, and it is attempting to gain a positive momentum to assist it to breach the key resistance at $75.30, supported by its trading above its EMA50, with its trading alongside a main bullish trend on the short-term basis, noticing the emergence of positive overlapping signals on the (RSI), after it success in offloading its overbought condition, reinforcing its ability to begin a new strong bullish wave.

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