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Forecast update for crude oil -27-06-2025
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Forecast update for crude oil -27-06-2025
Jun 27, 2025 7:19 AM

The price of (crude oil) moves in negative technical intraday formation that is forming on the intraday levels, represented by the flag pattern, preparing to begin a new bearish wave, amid the dominance of the bearish correctional trend on the short-term basis, with the continuation of the negative pressure due to its trading below EMA50, besides the (RSI)reach to the overbought levels, to indicate losing the positive momentum.

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