Crude oil price tests 55.65 level and bounces lower to move near 55.00 again, keeping the bearish trend scenario valid for today, depending on the stability below 55.95 level, where the price organizes within the bearish channel that appears in the image, waiting for surpassing 54.47 level, to reinforce the chances for heading to our next main target that reaches 51.61.

The expected trading range for today is between 53.50 support and 56.50 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1005	-0.0030	0.2732%
Midday update for the EURUSD 29-01-2020
	GBP/USD	1.3002	-0.0080	0.6081%

	Tadawul	8185.51	19.43	0.24%

	Silver	17.466	-0.638	3.524%

	Oil	53.235	-1.038	1.912%
Midday update for Crude oil 29-01-2020
	Brent Oil	59.62	0.10	0.17%

	Gold	1570.860	0.230	0.015%
Midday update for Gold 29-01-2020

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