The pair remained stable above 1.5900 to keep the chances of achieving yesterday’s preferred bullish bias valid, as waiting to hit levels around 1.6020 before defining the next short term basis trend issue.

We remind that breaching 1.5900 will cause an intraday turning for the trend.

Expected trading range for today is between: 1.5800 support and 1.6100 resistance.

Expected trend for today: Bullish towards the mentioned target.

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2057	0.0004	0.0336%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3887	-0.0007	0.0507%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.351	0.832	3.137%

	Oil	64.780	0.870	1.361%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.07	-0.88	1.28%

	Gold	1814.810	25.225	1.409%
End of day analysis for Gold 06-05-2021

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