The USDCAD pair keeps its stability below 1.2688 level, to keep the negative pressure valid for the upcoming period, supported by the EMA50 that continues to push the price downwards, waiting to visit 1.2585 that represents our next target.

Note that breaching 1.2750 will stop the suggested negative scenario and lead the price to start recovery attempts that target testing 1.2854 areas initially before any new attempt to decline.

The expected trading range for today is between 1.2600 support and 1.2720 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2060	0.0007	0.0589%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3893	-0.0001	0.0090%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.297	0.777	2.932%

	Oil	64.792	0.882	1.380%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.11	-0.85	1.23%

	Gold	1813.315	23.730	1.326%
End of day analysis for Gold 06-05-2021

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