Oversupply or shortage? Brent at the centre of market chaos
Brent is forming an upward wave and is trading near 63.20 USD. Find out more in our analysis for 20 November 2025.
Brent technical analysis
On the H4 chart, Brent prices tested the lower Bollinger Band and formed a Hammer reversal pattern. Quotes are currently following this signal in the form of an upward wave.
Ahead of US data releases, Brent is attempting to regain lost ground.
Read more - Brent Forecast
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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.
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The RoboForex Team