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Forecast update for crude oil -07-08-2025
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Forecast update for crude oil -07-08-2025
Aug 7, 2025 7:00 AM

The price of (crude oil) witnessed fluctuated trading on its last intraday levels, affected by the continued negative pressure due to its trading below EMA50, and under the dominance of minor bearish wave on the short-term term basis, on the other hand, we notice the beginning of the positive signals on the (RSI), after reaching oversold levels to help the price to settle.

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