The USDCHF pair managed to breach 0.9375 level and hold above it, which support the continuation of our bullish overview efficiently for the upcoming sessions, paving the way to head towards our extended target at 0.9494.

Therefore, the bullish trend scenario will remain valid and active conditioned by the price stability above 0.9375.

The expected trading range for today is between 0.9350 support and 0.9470 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1982	0.0071	0.5994%
Midday update for the EURUSD 16-04-2021
	GBP/USD	1.3839	0.0091	0.6648%

	Tadawul	9987.92	124.63	1.26%

	Silver	25.945	0.850	3.387%

	Oil	63.092	2.702	4.474%
Midday update for Crude oil 16-04-2021
	Brent Oil	66.70	-0.23	0.34%

	Gold	1775.845	38.910	2.240%
Update: Gold price continues to achieve gains

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