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Forecast update for Brent crude oil -03-09-2025
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Forecast update for Brent crude oil -03-09-2025
Sep 3, 2025 6:17 AM

The price of (Brent) declined sharply in its last intraday trading, after testing the top of a bullish correctional channel that limits its trading on the short-term trading, with the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to look for a rising high to take it as a base that might help it to gain the required positive momentum to recover, leaning on the support of EMA50, as a last chance that might stop the losses.

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