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Forecast update for crude oil -23-06-2025
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Forecast update for crude oil -23-06-2025
Jun 23, 2025 5:13 AM

The price of (crude oil) declined in its recent intraday trading, affected by the stability of the critical resistance at $75.00, with the emergence of the negative signals on the (RSI), attempting to gain the required positive momentum that assists it to breach the resistance, amid the dominance of the main bullish trend on the short-term basis and its trading above EMA50, which forms a dynamic support that assists the stability of the positive scenario.

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