The EMA50 forms good resistance against the AUDUSD pair’s positive attempts, noticing that stochastic begins to overlap negatively now, which supports the chances of resuming the expected bearish trend for today, which its targets begin by breaking 0.7665 to confirm the beginning of the correctional bearish wave, which its first target located at 0.7625.

Therefore, we will keep our bearish overview conditioned by the price stability below 0.7745.

The expected trading range for today is between 0.7640 support and 0.7760

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2060	0.0007	0.0564%
Midday update for the EURUSD 06-05-2021
	GBP/USD	1.3892	-0.0002	0.0137%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.369	0.850	3.203%

	Oil	64.837	0.927	1.450%
Midday update for Crude oil 06-05-2021
	Brent Oil	68.22	-0.73	1.06%

	Gold	1815.205	25.620	1.432%
Midday update for Gold 06-05-2021

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