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Forecast update for Brent crude oil -27-06-2025
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Forecast update for Brent crude oil -27-06-2025
Jun 27, 2025 7:19 AM

The price of (Brent) declined to gain positive momentum in its last intraday trading, amid the continuation of the positive support due to its trading above its EMA50, under the dominance of bearish correctional wave on the short-term basis, preparing to break the critical support at $66.50, the reach of the (RSI) to exaggerated overbought levels compared to the price move, with the beginning of the negative overlapping signals appearance.

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