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Evening update for crude oil -21-11-2025
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Evening update for crude oil -21-11-2025
Nov 21, 2025 10:16 AM

The (crude oil) rose in its last intraday trading, in attempt to recover some of its previous losses, attempting to offload some of its clear oversold conditions on the relative strength indicators, especially with the emergence of positive overlapping signals, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside minor trend line.

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