Brent crude oil has been experiencing losses in trading, with negative pressure and signals indicating further declines
The (Brent) price deepened its losses in its last intraday trading, after surpassing the resistance of its EMA50, intensifying the negative pressure around the price, affected by the dominance of minor bearish wave, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels, which might reduce the bleeding of losses temporarily in the upcoming period.
Origin: Economies
