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Forecast update for Brent crude oil -28-07-2025
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Forecast update for Brent crude oil -28-07-2025
Jul 28, 2025 6:43 AM

The price of (Brent) extended its early gains on the last intraday levels, surpassing the resistance of its EMA50, and getting rid of its negative pressure, to open the way towards extending the positive station, especially with the emergence of the positive signals on the (RSI), after reaching oversold, on the other hand, the price still moving alongside a minor bearish trend line on the short-term basis, which might prevent its recovery on the intraday basis.

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