The pair trades near the critical support 0.9240, where we are waiting for clear breach for this level to activate the negative impact for the negative technical pattern shown in the image.

In general, we are continuing in our bearish trend for the short term basis supported by EMA50, and the main targets are located at the psychological barrier 0.9000, while the main condition to achieve it is holding below 0.9400

Expected trading range for today is between: 0.9100 support and 0.9350 resistance.

Expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2055	0.0002	0.0207%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3885	-0.0009	0.0626%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.333	0.814	3.070%

	Oil	64.749	0.839	1.313%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.13	-0.83	1.20%

	Gold	1814.120	24.535	1.371%
End of day analysis for Gold 06-05-2021

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