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Forecast update for Brent crude oil -13-10-2025
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Forecast update for Brent crude oil -13-10-2025
Oct 13, 2025 5:21 AM

Brent crude oil prices declined in their last intraday trading, amid the stability of the key resistance at $63.95, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, and it witnessed previous bullish rebounds that aimed to offload the oversold conditions on the relative strength indicators, and the price lost its bullish momentum gradually to begin the bearish movement.

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