The USDCAD pair managed to break 1.2688 level and closed the daily candlestick below it, which supports the continuation of our bearish overview efficiently for the upcoming sessions, opening the way to head towards 1.2520 as a next negative target.

The EMA50 continues to support the suggested bearish wave, which its continuation requires holding below 1.2688.

The expected trading range for today is between 1.2570 support and 1.2720 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2056	0.0003	0.0286%
Midday update for the EURUSD 06-05-2021
	GBP/USD	1.3891	-0.0003	0.0187%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.324	0.805	3.036%

	Oil	64.700	0.790	1.236%
Midday update for Crude oil 06-05-2021
	Brent Oil	68.22	-0.73	1.06%

	Gold	1814.130	24.545	1.371%
Midday update for Gold 06-05-2021

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