Brent crude oil is deepening its losses. Analysis 17-10-2025 – ForexNews.PRO


The (Brent) price settled with sharp decline in its last intraday trading, to reach $60.75, which represents our expected target in our previous analysis, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, besides the emergence of the negative signs on the relative strength indicators, despite reaching oversold levels.

Origin: Economies
Source link
