Forecast update for crude oil -03-07-2025-August 2024-www.financetom.com

Forecast update for crude oil -03-07-2025

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Forecast update for crude oil -03-07-2025

Jul 3, 2025 5:26 AM

The price of (crude oil) rose in its last intraday levels, to begin its recovery after it succeeded in its early moves in offloading some of its clear overbought conditions on the (RSI), opening the way towards achieving more of the gains, taking advantage of the dynamic support that is represented by its trading above EMA50, providing stability for the bullish moves in the upcoming period.

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