Brent Oil Price Analysis Expected Scenario Brent oil price fluctuates within sideways track since morning, and the price needs to surpass the EMA50 to confirm the continuation of the expected bearish bias for today, which its targets begin 82.45$ and extend to 80.08$ after breaking the previous level. Stochastic current positivity might cause more sideways fluctuation, reminding you that the continuation of the bearish wave depends on the price stability below 84.77$. Expected Trading Range Between 82.00$ support and 84.90$ resistance.

Trend Forecast: Bearish