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Forecast update for Brent crude oil -19-09-2025
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Forecast update for Brent crude oil -19-09-2025
Sep 19, 2025 5:59 AM

Crude oil prices witnessed strong gains in its last intraday levels, due to its lean on the support of bullish correctional trend line on the short-term basis, gaining some positive momentum, accompanied by the emergence of positive overlapping signals on the relative strength indicators, after reaching oversold levels, exaggeratedly compered to the price movement, to form a positive divergence that helps it to reinforce the last gains, attempting to get rid of the negative pressure after surpassing the support of its previous EMA50.

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