Forecast update for Brent crude oil -06-10-2025-March 2024-www.financetom.com

Forecast update for Brent crude oil -06-10-2025

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Forecast update for Brent crude oil -06-10-2025

Oct 6, 2025 6:47 AM

Brent crude oil prices witnessed fluctuated moves on its last intraday levels, amid the dominance of bullish corrective wave, supported by the emergence of the positive signals on the relative strength indicators, reaching exaggerated overbought level compared to the price movement, besides the continuation of the negative pressure due to its trading below EMA50, intensifying the negative pressure on the price, which forced it to fluctuate.

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