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Forecast update for crude oil -03-09-2025
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Forecast update for crude oil -03-09-2025
Sep 3, 2025 6:17 AM

The price of (crude oil) slipped lower in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, leaning on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term and its trading alongside a bias line, the price still can recover and rise again, if it manages to settle above the current support levels and gaining the required positive momentum for this.

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