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Forecast update for Brent crude oil -01-07-2025
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Forecast update for Brent crude oil -01-07-2025
Jul 1, 2025 5:23 AM

The price of (Brent) rose in its last intraday trading, affected by the stability of the critical support level at $66.50, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, and the price continues its sideways moves on the intraday levels in attempt to detect its upcoming trend on the short-term basis, amid the continuation of the negative pressure due to its trading below EMA50.

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