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Forecast update for crude oil -01-04-2026
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Forecast update for crude oil -01-04-2026
Apr 1, 2026 5:46 AM

Crude oil declined during recent intraday trading, amid the attempts of looking for higher low that might help it to recover, amid the continuation of the dynamic support that is represented by its trading above EMA50, providing renewed positive momentum that reinforces the strength of the main bullish trend on short-term basis, besides forming positive divergence on the relative strength indicators, increasing the chances of the price recovery on the near-term basis.

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