The EURJPY pair succeeded to exit the sideways range by breaking 127.90 support line, allowing us to suggest the domination of the bearish bias for the near term and medium term trading, while we will depend on 127.90 level forming new resistance to expect targeting 126.90 followed by reaching 126.15 that represents 50% Fibonacci correction level.

Also, stochastic stability within the oversold areas reinforces the negative overview by providing new negative momentum, to ease the mission of recording the mentioned negative targets.

Expected trading range for today is between 127.90 and 126.90

Expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1025	-0.0069	0.6179%
Midday update for the EURUSD 24-01-2020
	GBP/USD	1.3073	0.0072	0.5534%

	Tadawul	8386.35	-41.86	0.50%

	Silver	18.104	0.083	0.458%

	Oil	54.273	-4.505	7.665%
End of day analysis for Crude oil 24-01-2020
	Brent Oil	60.77	-1.26	2.03%

	Gold	1570.630	13.715	0.881%
End of day analysis for Gold 24-01-2020

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