Русский
Brent crude oil prices inched lower in latest intraday trading on profit-taking, while also trying to vent off overbought saturation in the Stochastic as negative signals emerge from it, thus gathering positive momentum to rush higher once more.
US crude oil prices extended their gains in latest intraday trading, buoyed by trading above the 50-candle SMA, amid the dominance of the upward correctional wave in the short term alongside the trend line, however, we notice negative signals from the Stochastic after it reached overbought levels, curbing upcoming gains.
