BRENT crude oil prices are ending the trading week rising near $61.63 per barrel. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating downward pressure from commodity sellers and a potential continuation of the decline from current levels. Currently, we should expect an attempt at a bullish correction and a test of the resistance area near 63.65. A downward rebound and a continued decline below $52.05 per barrel should then be considered.
Brent Weekly Forecast December 15 — 19, 2025
An additional signal favoring a decline in oil prices this week will be a test of the resistance line on the relative strength indicator. The second signal will be a rebound from the upper boundary of the descending channel. A strong rise and a breakout of 73.45 will cancel the downward trend in BRENT crude oil prices during the trading week of December 15-19, 2025. This will indicate a breakout of the resistance area and continued price growth above 80.05. A decline should be confirmed with a breakout of the support area and a close below 58.05.
Brent Weekly Forecast December 15 — 19, 2025 suggests an attempt to test the resistance area near 63.65. From there, a rebound and a continued decline with a potential target of 52.05 should be expected. An additional signal favoring a decline in oil prices will be a test of the trend line on the relative strength indicator. A strong rise and a breakout of 73.45 will cancel the downward trend. This will indicate a breakout of the resistance area and continued price growth with a target above 80.05.
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