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Evening update for crude oil -07-11-2025
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Evening update for crude oil -07-11-2025
Nov 7, 2025 10:51 AM

The (crude oil) declined in its last intraday trading, affected by reaching the resistance of the EMA50, which put it under negative pressure with the beginning of forming negative divergence on the relative strength indicators, after reaching overbought levels, exaggeratedly compared to the price move, with the emergence of the negative signals.

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