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Brent crude oil is in a truce to catch its breath -Analysis-09-06-2025
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Brent crude oil is in a truce to catch its breath -Analysis-09-06-2025
Jun 8, 2025 10:57 PM

The (Brent) price settled in its last intraday trading, to gather the gains of its last rises, and attempting to gain a positive momentum that might assist it to rise in a new bullish wave, especially with the continuation of the positive support that comes from its trading above the EMA50, and under the dominance of the bullish trend on the short-term basis alongside a bias line, on the other hand, we notice the beginning of negative overlapping signals appearance on the (RSI), after reaching overbought levels that might decelerate the upcoming gains.

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