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Forecast update for Brent crude oil -29-07-2025
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Forecast update for Brent crude oil -29-07-2025
Jul 29, 2025 6:44 AM

The price of (Brent) witnessed a decline in its last trading on the intraday levels, amid the continuation of the positive pressure that comes from its trading above EMA50, affected by breaching a minor bearish bias line on the short-term basis, attempting to gain a bullish momentum that assists the stability of the bullish track, attempting to offload its clear overbought conditions on the (RSI), with the emergence of the negative signals from there.

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