“Crude oil price supported by upward pressures – Technical Analysis – 13/01/2026”

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Crude oil settled with strong gains in its latest intraday session, supported by positive signals from the relative strength indicators after emerging from oversold levels. This helped reinforce bullish momentum, suggesting attempts to hold above recent levels following a clear upward wave.

The move is further backed by dynamic support from trading above the EMA50, strengthening the stability of the dominant short-term bullish trend and supporting the likelihood of continued gains in the near term

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