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Evening update for crude oil -08-09-2025
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Evening update for crude oil -08-09-2025
Sep 8, 2025 10:33 AM

The (crude oil) settled low in its last intraday trading, as we expected in our previous report where it was affected by the negative pressure that comes from the stability of the critical resistance at $62.85, amid the continuation of the negative pressure that comes from its trading below EMA50, besides forming negative divergence on the (RSI), after reaching overbought levels, with the beginning of the negative signals from there.

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