Brent poised for further growth after rebound from EMA-65
Brent quotes remain highly volatile amid escalating Middle East tensions, with prices currently at 72.92 USD. Find out more in our analysis for 17 June 2025.
Brent technical analysis
Brent prices are climbing after rebounding from the EMA-65, maintaining a strong bullish impulse. According to today’s Brent forecast, a bearish correction to the channel’s lower boundary remains possible before the uptrend continues towards the target of 78.25 USD.
Fundamental analysis highlights the ongoing risk of Brent price increases amid geopolitical tensions
Read more - Brent Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
Brent quotes remain highly volatile amid escalating Middle East tensions, with prices currently at 72.92 USD. Find out more in our analysis for 17 June 2025.
Brent technical analysis
Brent prices are climbing after rebounding from the EMA-65, maintaining a strong bullish impulse. According to today’s Brent forecast, a bearish correction to the channel’s lower boundary remains possible before the uptrend continues towards the target of 78.25 USD.
Fundamental analysis highlights the ongoing risk of Brent price increases amid geopolitical tensions
Read more - Brent Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team