Brent crude oil gathers its positive gains – Analysis 11-09-2025

neft-l6Brent crude oil experienced a decline in price in its last intraday trading session, but is attempting to gain bullish momentum to breach resistance at $67.45

The (Brent) price declined in its last intraday trading, due to the stability of the current resistance at $67.45, to gather the gains of its previous rises, and attempts to gain bullish momentum that might help it to breach this resistance, and offloading some of its clear overbought conditions on the (RSI), especially with the emergence of negative overlapping signals from them, taking advantage of the dynamic support that is represented by its trading above EMA50, and under the dominance of bullish wave on the short-term basis.

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