The (crude oil) price rose slightly in its last intraday trading, taking advantage of the current supports stability at $62.00, providing it bullish momentum, this improvement was accompanied by the appearance of positive signals on the (RSI), after reaching sharp oversold levels, in order to recover some of the previous losses.

Despite this rise, the price remains moving within sharp minor bearish wave on the short-term basis, with its trading alongside a supportive line for this track, which puts any recovery attempt under the pressure of the dominant bearish trend.

BestTradingSignal.com Professional Trading Signals Get high-accuracy trading signals delivered directly to your Telegram. Subscribe to specialized packages tailored for the worlds top markets:

US Stock Signals from 44/month

Subscribe via Telegram Crypto Signals from 49/month

Subscribe via Telegram Forex Signals from 49/month

Subscribe via Telegram VIP Signals (Gold, Oil, Forex, Bitcoin, Ethereum, Indices) from 179/month

Subscribe via Telegram Full performance report available here:

View Full Performance Report