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Forecast update for crude oil -14-07-2025
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Forecast update for crude oil -14-07-2025
Jul 14, 2025 5:45 AM

The price of (crude oil) rose in its last intraday trading, to breach the critical resistance level at $68.00, supported by its continuous trading above EMA50, and under the dominance of the main bullish trend on the short-term basis and its trading alongside a bias line, on the other hand, we notice the beginning of the negative signals emergence on the (RSI), after reaching overbought levels, which might decelerate the price rise on the intraday basis.

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