The USDJPY pair rallied upwards strongly yesterday to breach 103.65 level and settles above it, which leads the price to turn to rise on the intraday basis to head towards testing 104.20 level initially, which breaching it represents the key to head towards 105.20 as a next main station.

Therefore, the bullish bias will be suggested for the upcoming period unless breaking 103.65 and holding below it again.

The expected trading range for today is between 103.30 support and 104.50 resistance

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.2055	0.0002	0.0170%
End of day analysis for the EURUSD 06-05-2021
	GBP/USD	1.3886	-0.0008	0.0565%

	Tadawul	10228.35	-26.53	0.26%

	Silver	27.338	0.819	3.088%

	Oil	64.740	0.830	1.299%
End of day analysis for Crude oil 06-05-2021
	Brent Oil	68.13	-0.83	1.20%

	Gold	1814.325	24.740	1.382%
End of day analysis for Gold 06-05-2021

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