Brent Oil Price Forecast Brent oil price trades with strong positivity to approach our waited target at 90.00$ barrier, and the way is open to continue the rise and achieve additional gains that we expect to reach 90.75$ as a next positive station.

The bullish channel continues to organize the bullish wave, which gets good support by the EMA50, noting that the continuation of the bullish trend requires holding above 87.40$. The expected trading range for today is between 88.00$ support and 90.00$ resistance.

Trend Forecast Bullish