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Forecast update for Brent crude oil -14-08-2025
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Forecast update for Brent crude oil -14-08-2025
Aug 14, 2025 5:09 AM

The price of (Brent) declined in its last intraday trading, as it tested the resistance of minor bearish bias on the short-term basis, amid the continuation of the negative pressure that comes from its trading below EMA50, providing more negative signals, the most important is the emergence of negative overlapping signal on the (RSI), after reaching overbought levels, indicating the beginning of forming negative divergence that will intensify these negative pressures on the near-term basis.

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