The (Brent) price settled with strong gains in its last intraday trading, after breaching the critical resistance at $70.75, supported by its continuous trading above EMA50, and under the dominance of the bullish trend and its trading alongside a minor bias line on the short-term basis, on the other hand, we notice the beginning of negative overlapping signal appearance on the (RSI), after reaching overbought levels, which might reduce the last gains, and it needs to gather gains and gain some bullish momentum.

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Weekly performance report available here: Signals Performance Week of July 2125, 2025