Crude oil price bounced downwards clearly after testing the most important resistance at 60.65, to settle below 59.85 again, which keeps the bearish trend scenario valid and active for the upcoming period, which depends on the price stability below the mentioned resistance, reminding you that our waited targets begin at 57.25 followed by 54.85.

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1982	0.0071	0.5994%
Midday update for the EURUSD 16-04-2021
	GBP/USD	1.3839	0.0091	0.6648%

	Tadawul	9987.92	124.63	1.26%

	Silver	25.945	0.850	3.387%

	Oil	63.092	2.702	4.474%
Midday update for Crude oil 16-04-2021
	Brent Oil	66.70	-0.23	0.34%

	Gold	1775.845	38.910	2.240%
Update: Gold price continues to achieve gains

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