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Forecast update for crude oil -23-09-2025
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Forecast update for crude oil -23-09-2025
Sep 23, 2025 6:42 AM

Crude oil prices witnessed strong gains in their last intraday trading, supported by the emergence of the positive signals on the relative strength indicators, after reaching oversold levels, retesting $62.95 accompanied by reaching the EMA50s resistance, which put it under intensified negative pressure that turns it to the bearish track again.

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