Crude oil price declined sharply to approach our extended target at 61.85, and bounced upwards strongly to reach the key resistance 67.40 again, which urges caution from the upcoming trading, due to the high volatility that we witness on oil prices, noting that consolidating below the mentioned resistance will press on the price to decline again and target 61.85 areas mainly, while breaching it will lead the price to start recovery attempts and head towards 70.85 on the near term basis.

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1285	-0.0013	0.1129%
Midday update for the EURUSD 25-01-2022
	GBP/USD	1.3499	0.0022	0.1606%

	Tadawul	12108.56	56.61	0.47%

	Silver	23.823	0.007	0.027%

	Oil	85.081	1.540	1.843%
Midday update for Crude oil 25-01-2022
	Brent Oil	87.71	1.40	1.62%

	Gold	1848.775	9.310	0.506%
Midday update for Gold 25-01-2022

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