Brent crude oil is moving in a limited range- Analysis-21-07-2025-April 2024-www.financetom.com

Brent crude oil is moving in a limited range- Analysis-21-07-2025

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Brent crude oil is moving in a limited range- Analysis-21-07-2025

Jul 20, 2025 9:53 PM

The (Brent) price witnessed calm trading in tight range of sideways trading in the intraday levels, accompanied by negative pressure due to its trading below its EMA50 against the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, with the (RSI) reaching oversold levels, exaggeratedly compared to the price move, suggesting the beginning of forming positive divergence.

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