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Forecast update for Brent -01-04-2026
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Forecast update for Brent -01-04-2026
Apr 1, 2026 5:45 AM

Brent crude oil kept declining in its recent intraday trading, to lean on a main bullish trend line on the short-term basis, as a last attempt to gain bullish momentum to help it recover and rise again, especially with the emergence of positive signals from the relative strength indicators after reaching oversold levels, surpassing the support of EMA50, which put it under negative pressure that threatens the chances of its recovery.

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