The pairs’ trading settled below EMA50, while Stochastic offered negative crossing signals on the daily time frame that reinforces our expectations of the bearish trend which mainly depends on breaking the rising wedge support shown in the image.

Our main targets begin at 0.9800, and the chances of achieving it remain valid unless 1.0030 was breached

Expected trading range for today is between: 0.9800 support and 1.0030 resistance.

Expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2054	0.0001	0.0091%
Midday update for the EURUSD 06-05-2021
	GBP/USD	1.3888	-0.0006	0.0446%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.319	0.799	3.015%

	Oil	64.622	0.712	1.114%
Midday update for Crude oil 06-05-2021
	Brent Oil	68.13	-0.81	1.17%

	Gold	1813.945	24.360	1.361%
Midday update for Gold 06-05-2021

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