The pair traded positively yesterday effected by Stochastic positivity, closing from the EMA50 which acts as a protecting barrier for the bearish expectations.

In general, the main bearish trend scenario remains valid on the short term basis, reminding you that achieving it requires a clear break below 0.9240 besides settling below 0.9400

Expected trading range for today is between: 0.9100 support and 0.9360 resistance.

Expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2160	-0.0013	0.1035%
Midday update for the EURUSD 11-05-2021
	GBP/USD	1.4156	0.0020	0.1383%

	Tadawul	10322.68	86.96	0.85%

	Silver	27.537	-0.268	0.962%

	Oil	65.209	-0.183	0.280%
Midday update for Crude oil 11-05-2021
	Brent Oil	68.36	0.04	0.06%

	Gold	1833.995	-10.230	0.555%
Midday update for Gold 11-05-2021

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