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Forecast update for Brent crude oil -09-07-2025
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Forecast update for Brent crude oil -09-07-2025
Jul 9, 2025 5:39 AM

The price of (Brent) rose in its last intraday trading, with the beginning of positive overlapping signal on the (RSI), after the price success in its previous trading to offload the overbought conditions, opening the way for achieving more of the gains, amid its trading alongside a minor bullish trend on the short-term basis, with the continuation of the positive pressure due to its trading above its EMA50.

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