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Forecast update for crude oil -13-10-2025
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Forecast update for crude oil -13-10-2025
Oct 13, 2025 5:21 AM

The price of (crude oil) declined in its last intraday trading, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend and its trading alongside steep bearish trendline that indicates the strength of this trend and its dominance. The price succeeded in its previous trading in offloading its oversold conditions on the relative strength indicators, which might increase the negative pressure.

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