The EURUSD pair provided clear positive trades in the previous sessions and attempted to surpass 1.1300 barrier, but it rebounds bearishly after touching the intraday bearish channel’s resistance that appears on the chart, supported by stochastic negativity, to head towards resuming the main bearish track, which targets 1.1145 as a next main station.

Therefore, the overall bearish trend scenario will remain valid and active for the upcoming period unless the price rallied to breach 1.1375 and hold above it.

The expected trading range for today is between 1.1190 support and 1.1340 resistance.

The expected trend for today: Overall bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1287	-0.0010	0.0890%
Midday update for the EURUSD 25-01-2022
	GBP/USD	1.3497	0.0019	0.1410%

	Tadawul	12108.56	56.61	0.47%

	Silver	23.815	-0.001	0.006%

	Oil	85.141	1.600	1.915%
Midday update for Crude oil 25-01-2022
	Brent Oil	87.83	1.51	1.75%

	Gold	1850.340	10.875	0.591%
Midday update for Gold 25-01-2022

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2022-01-18 13:41:06 GMT

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