Silver price fluctuates at 20.75 level and attempts to press negatively on it, to continue suggesting the bearish trend for the upcoming period, noting that our next main target is located at 20.20, while breaching 21.00 represents the key to start correctional bullish wave on the intraday basis before turning back to decline again.

The expected trading range for today is between 20.30 support and 21.10 resistance.

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The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0422	-0.0122	1.1584%
The EURUSD loses momentum – Analysis - 16-05-2022
	GBP/USD	1.2225	-0.0125	1.0085%

	Silver	21.098	-1.026	4.638%

	Oil	110.001	2.844	2.654%
Crude oil price hits the target – Analysis - 16-05-2022
	Brent Oil	110.46	-1.18	1.06%

	Gold	1798.805	-70.055	3.748%
Gold price keeps declining – Analysis - 16-05-2022

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