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Evening update for crude oil -22-08-2025
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Evening update for crude oil -22-08-2025
Aug 22, 2025 12:01 PM

The (crude oil) settled high in its last intraday trading, amid its attempts to breach the critical resistance level at $63.75, taking advantage of the dynamic support that is represented by its trading above EMA50, under the dominance of bullish correctional wave on the short-term basis, on the other hand, we notice the emergence of the (RSI), after reaching overbought levels in an attempt to offload its overbought conditions, which reduced the price last gains.

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