The EURJPY pair formed strong bullish wave this morning to approach the first positive target at 131.10, to confirm surrendering to the previously expected bullish bias domination.

In general, the consolidation within the bullish channel that depends on the stability of 128.65 support and stochastic positive momentum signals agree the continuation of the positivity, to expect targeting 130.70 followed by 131.30 levels in the upcoming period.

The expected trading range for today is between 129.10 and 130.70

The expected trend for today: Bullish

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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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