BRENT crude oil prices are ending the trading week near $66.87 per barrel. Moving averages indicate a bearish trend. Prices have broken through the signal lines below this level, 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 $69.65. A downward rebound and a continued decline below $54.75 per barrel should then be considered.
Brent Weekly Forecast September 22 – 26, 2025
An additional signal of a decline in oil prices this week will be a test of the resistance line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the bearish channel. A strong rally and a breakout of 78.65 would cancel the downward trend in BRENT crude oil prices during the trading week of September 22-26, 2025. This would indicate a breakout of the resistance area and continued price growth above 85.45. A decline should be confirmed with a breakout of the support area and a close below 64.05, which would indicate a breakout of the lower boundary of the bullish correction channel.
Brent Weekly Forecast September 22 – 26, 2025 suggests an attempt to test the resistance area near 69.65. From there, a rebound and a continued decline with a potential target of 54.75 should be expected. A test of the trend line on the relative strength indicator (RSI) would also signal a decline. A strong rally and a breakout of 78.65 would cancel the downward trend. This would indicate a breakout of the resistance area and continued price growth with a target above 85.45.
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