Trade The World
Brent faces hurdle at 200-Day Moving Average – Société Générale
Ni FXStreet Insights Team
Petsa ng Pag-publish: 4 Sep 2025 | Petsa ng Pag-edit: 4 Sep 2025
POPULAR ARTICLES
Brent crude’s rebound is losing steam as it struggles to clear its 200-day moving average near $70.50–71.00, keeping downside risks intact with key support at $65, Société Générale's FX analysts note.
Brent crude’s rebound is losing steam as it struggles to clear its 200-day moving average near $70.50–71.00, keeping downside risks intact with key support at $65, Société Générale's FX analysts note.
Oil struggles to build upward momentum
"Brent has staged a brief rebound after forming an interim low near $65 last month. However, it has consistently struggled to overcome the 200-day moving average, underscoring the lack of consistent upward momentum."
"The moving average near $70.50/71.00 acts as a short-term resistance zone. Failure to cross this hurdle could lead to persistence in the downtrend. A break below $65 may open the way towards the June low at $63.30/63 and $58.40."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
