18 Feb
Daily technical analysis of currencies on Tuesday 18-2-2020

In the name of of Allah the Merciful

May God grant you good morning

We offer you daily technical analysis and the strongest Forex recommendations expected for today. Forex recommendations are free for all dear followers


Index dollars

As we note on the chart, the dollar is exhausted, clearly not showing any momentum in the candles, yet it continues its rise with the appearance of Diver's signs of a clear gender.

What we want to see: a strong rally then a candlestick reversal false breakout - checkout - Birch engulf ( sell swallow )

Then we can sell the dollar with any correction.

  • Important note: clear articular areas and we got them and all the possibilities are expected, either a break or a rebound with a weighted work that disturbed it in the markets and violent vibrations can be formed from reflex candles and a clear false break

  • Required: caution in this stage and not risk until the vision becomes clear and we go with the direction.


EUR dollars

As we explained on the index, the movement is very close to the EURUSD pair as well

We believe that there are still bearish targets, as indicated by previous analyzes

  • Influential news:

  • German zew index at 12.00 QC

Expected negative and it corresponds to our analytical view of the husband

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