The EURUSD pair continues to decline, moving near 1.0800 barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, organized inside the bearish channel that supports the chances of surpassing the waited target at 1.0775 to head towards 1.0700 as a next station, reminding you that the continuation of the bearish wave requires holding below 1.0890 and the most important below 1.0950.

The expected trading range for today is between 1.0740 support and 1.0890 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0169	-0.0049	0.4839%
Midday update for the EURUSD 16-08-2022
	GBP/USD	1.2106	0.0001	0.0120%

	Silver	20.090	-0.160	0.793%

	Oil	86.650	-0.611	0.700%
Midday update for Crude oil 16-08-2022
	Brent Oil	92.34	-2.76	2.90%

	Gold	1774.875	-6.810	0.382%
Midday update for Gold 16-08-2022

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