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Forecast update for Brent crude oil -17-09-2025
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Forecast update for Brent crude oil -17-09-2025
Sep 17, 2025 6:13 AM

Crude oil prices declined in its last trading on the intraday basis, with the dominance of bullish correctional wave on the short-term basis and its trading alongside supportive trendline, besides the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the correctional wave, which makes the price attempt to offload its clear overbought condition on the relative strength indicators, especially with the emergence of the negative signals from there.

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