The (Brent) price declined in its last intraday trading, amid its trading alongside a minor bearish trend line on the short-term basis, and there is a negative pressure due to its trading below its EMA50, getting ready in its last decline to break the key support of $67.40, on the other hand, we notice the emergence of positive overlapping signals on the (RSI), after reaching oversold levels, which might assist it to settle on the intraday basis, due to its neediness to offload this oversold conditions.
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Weekly performance report available here: Signals Performance Week of July 2125, 2025