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Evening update for crude oil -08-07-2025
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Evening update for crude oil -08-07-2025
Jul 8, 2025 11:38 AM

The (crude oil) rose in its last intraday trading, amid the dominance of a minor bullish wave on the short-term basis, supported by its trading above its EMA50, this last rise came after its success in offloading its clear overbought conditions on the (RSI), to notice the beginning of positive overlapping signals on them, opening the way for achieving more of the gains.

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