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Brent crude oil shows further negative signals - Analysis- 25-03-2026
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Brent crude oil shows further negative signals - Analysis- 25-03-2026
Mar 24, 2026 9:33 PM

Brent crude oil prices declined during their recent intraday trading, amid ongoing negative pressure due to trading below EMA50. A short-term bearish corrective wave continues to dominate, affected by the earlier break of a major upward trendline, and negative signals are emerging from the relative strength indicators after the price managed to relieve its oversold conditions, which amplifies the surrounding downward pressure in the coming period.

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