“Brent Crude Experiences Mixed Movements – 08-01-2026 Analysis”

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Brent declined in a volatile intraday session, weighed down by a break of the short-term bullish corrective trendline. The pair continues to face downward pressure, trading below the EMA50, while negative overlapping signals on the relative strength indicators have appeared after releasing prior oversold conditions. These factors suggest the potential for further near-term losses.

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