The USDCAD pair traded with clear negativity yesterday to test the key support 1.2688, accompanied by witnessing big oversold signals through stochastic, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which its next main target located at 1.2854.

Therefore, we will continue to suggest the bullish trend on the intraday basis unless breaking 1.2688 and holding below it.

The expected trading range for today is between 1.2660 support and 1.2800 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2057	0.0004	0.0290%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3885	-0.0009	0.0644%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.349	0.830	3.130%

	Oil	64.743	0.833	1.303%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.07	-0.88	1.28%

	Gold	1814.760	25.175	1.407%
End of day analysis for Gold 06-05-2021

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