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Forecast update for crude oil -28-07-2025
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Forecast update for crude oil -28-07-2025
Jul 28, 2025 6:44 AM

The price of (crude oil) rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), after reaching oversold levels, reaching the resistance of its EMA50, which might form negative pressure on its upcoming move, especially with its trading alongside a minor bearish trend line on the short-term basis that reinforces this scenario.

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