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Forecast update for Brent crude oil -31-07-2025
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Forecast update for Brent crude oil -31-07-2025
Jul 31, 2025 4:47 AM

The price of (Brent) rose in its last trading on the intraday levels, supported by its trading above EMA50, and under the dominance of the bullish trend and its trading alongside a supportive bias line for the trend, the last rise of the price came after offloading its clear overbought conditions on the (RSI), reinforcing the chances for the price recovery and attacking the next resistance levels.

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