The pair’s trading stopped at the psychological barrier 1.0000 below the critical resistance level 1.0030, while stochastic is offering clear negative signals on the daily time frame.

Therefore, we are continuing in our scenario of the expected bearish trend on the intraday and short term basis which remains valid unless 1.0030 was breached.

Expected trading range for today is between: 0.9800 support and 1.0100 resistance.

Expected trend for today: Bearish.

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2167	-0.0006	0.0518%
Midday update for the EURUSD 11-05-2021
	GBP/USD	1.4153	0.0017	0.1178%

	Tadawul	10322.68	86.96	0.85%

	Silver	27.506	-0.298	1.074%

	Oil	65.011	-0.381	0.583%
Midday update for Crude oil 11-05-2021
	Brent Oil	68.30	0.01	0.01%

	Gold	1834.840	-9.385	0.509%
Midday update for Gold 11-05-2021

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