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Forecast update for crude oil -19-11-2025
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Forecast update for crude oil -19-11-2025
Nov 19, 2025 6:03 AM

The price of (crude oil) declined in its last intraday trading, in attempt to gain bullish momentum that may help it to rise, and it attempts to offload some of its clear overbought conditions on the relative strength indicators, with the emergence of the negative signals from there, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance of minor bullish channel on the short-term basis and its trading alongside trendline.

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