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Evening update for crude oil -02-09-2025
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Evening update for crude oil -02-09-2025
Sep 2, 2025 12:16 PM

The (crude oil) witnessed mixed trading on its last intraday trading, to remain stable above the critical resistance at $65.00, which represents a positive signal for resuming the rise, after offloading some of its clear overbought conditions on the (RSI), amid the continuation of the dynamic pressure that is represented by its trading above EMA50, and under the dominance of the bullish correctional trend on the short-term basis and its trading alongside bias line.

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