The quiet trading dominated the pair’s trading yesterday, which remains limited within the rising wedge shown at the image; this pattern supports the general expectation of the bearish trend.

Note that breaching 0.9915 will activate the bearish wave which mainly targets 0.9885 followed by 0.9800 for today.

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	1.2062	0.0009	0.0780%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3894	0.0000	0.0025%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.304	0.785	2.960%

	Oil	64.820	0.910	1.424%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.18	-0.77	1.12%

	Gold	1814.270	24.685	1.379%
End of day analysis for Gold 06-05-2021

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