The pairs’ decline stopped in the middle between 61.8% and 50% Fibonacci levels shown in the image, while Stochastic enters the oversold levels to offer chances for some temporary sideways range fluctuation.

In general, the main bearish trend remains valid and preferred, requires two main conditions to be achieved, first: clear breach to 0.9885, and the second is stability below 1.0030

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	1.2166	-0.0007	0.0571%
Midday update for the EURUSD 11-05-2021
	GBP/USD	1.4151	0.0015	0.1051%

	Tadawul	10322.68	86.96	0.85%

	Silver	27.521	-0.283	1.018%

	Oil	65.010	-0.382	0.584%
Midday update for Crude oil 11-05-2021
	Brent Oil	68.30	0.01	0.01%

	Gold	1834.525	-9.700	0.526%
Midday update for Gold 11-05-2021

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