Crude oil price ended yesterday below 59.85 level after the mixed trades that it witnessed in the previous sessions, to keep the bearish trend dominant on the intraday and short term basis, waiting to resume the negative trades that target 57.25 followed by 54.85 levels as next main stations.

The EMA50 supports the suggested bearish wave, which will remain valid unless the price rallied to breach 59.85 followed by 60.90 levels and hold above them.

The expected trading range for today is between 57.80 support and 60.50 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1979	0.0068	0.5680%
End of day analysis for the EURUSD 14-04-2021
	GBP/USD	1.3781	0.0033	0.2404%

	Tadawul	9847.62	27.59	0.28%

	Silver	25.417	0.322	1.283%

	Oil	62.923	2.533	4.194%
End of day analysis for Crude oil 14-04-2021
	Brent Oil	66.38	2.71	4.26%

	Gold	1736.710	-0.225	0.013%
End of day analysis for Gold 14-04-2021

Live Forex Updates

Dollar keeps losses amid focus on corporate earnings

2021-04-14 18:02:39 GMT

US crude inventories fall nearly 6 million barrels

2021-04-14 15:45:32 GMT

European stocks rise for second day with corporate earnings in focus

2021-04-14 11:55:55 GMT

Oil jumps to 1-week high after US inventories drop

2021-04-14 10:39:27 GMT

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