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Forecast update for crude oil -25-06-2025
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Forecast update for crude oil -25-06-2025
Jun 25, 2025 5:16 AM

The price of (crude oil) declined in its last intraday trading, after recovering its previous losses in its early trading for today, where it took advantage of its lean on the support of the main bullish trend line on the short-term basis, gaining some positive momentum to bounce higher, and it has succeeded in offloading its clear oversold conditions on the (RSI), to reach exaggerated overbought levels compared to the price move, opening the way towards recording futuristic losses.

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