The USDCAD pair provides negative trades now, affected by stochastic negativity, and it might head to test the key support 1.2854 before turning back to rise again.

Until now, the correctional bullish trend scenario still active as long as 1.2854 and 1.2820 levels remain intact, noting that our targets begin at 1.2956 and extend to 1.3040 after breaching the previous level.

The expected trading range for today is between 1.2800 support and 1.2960 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2056	0.0003	0.0232%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3886	-0.0008	0.0558%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.306	0.787	2.968%

	Oil	64.763	0.853	1.335%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.13	-0.83	1.20%

	Gold	1813.655	24.070	1.345%
End of day analysis for Gold 06-05-2021

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