Silver price didn’t show any strong move since morning, and the EMA50 continues to press on the price, to keep our bearish overview that depends on the price stability below 25.50, noting that our next main target extends to 22.90.

The expected trading range for today is between 23.60 support and 24.70 resistance.

The expected trend for today: Bearish

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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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