24 Feb
Daily technical analysis of currencies on Monday 24-2-2020

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 on this day. Forex recommendations are free for all followers and followers of the Forex site specialized in Forex analysis and daily currency analysis on your site Hinnawi FX


EUR dollars

The markets opened with answers to most of the pairs and on gold, where during the day's trading, nearly 300 points rose to new heights, evidence of strong confusion in the markets

Euro dollars also opened with a fallen Gap. Prices opened around 1.0811 near the entry areas to rise in the Japanese session and return down again. The entry area is still good for entry, but I personally prefer to see Price Action from the areas of 1.0800, including the entry sim, due to the gaps that have taken place, so caution is required, especially we are still first Trading days per week.

We believe that the cross-movement will dominate the pair with caution from negative euro news expected in the event that it comes positive.

  • Influential news:
  • German business climate IFO at 11:00 am Holy Jerusalem time.
  • Today's recommendation is to purchase conditionally on Action Action

Pound dollars


Two areas are valid for working on the pound. The purchase dollar is preferred by Price Action over the time frame. As for selling in the event of arrival to the sale areas before reaching the blue zone, the sale is direct to the husband, God Almighty.

We think that the dominant trend during today's trading wil

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