The pair’s trading settled without the rising wedge support shown in the image, which encourages us to continue with our bearish trend scenario which depends on the negative effect for the mentioned pattern

Our expected targets begin by attacking 0.9885 to open the way for heading towards 0.9800 followed by 0.9700, noting that breaching 1.0030 will weaken the chances of achieve these targets.

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	0.0112%
Midday update for the EURUSD 06-05-2021
	GBP/USD	1.3888	-0.0006	0.0425%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.299	0.780	2.941%

	Oil	64.633	0.723	1.131%
Midday update for Crude oil 06-05-2021
	Brent Oil	68.13	-0.81	1.17%

	Gold	1813.485	23.900	1.335%
Midday update for Gold 06-05-2021

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