Daily technical analysis of currencies on Wednesday 25-3-2020

In the name of of Allah the Merciful

May God grant you good morning

We offer you daily technical analysis of currencies and the best forex recommendations expected for today. Free Forex recommendations for all followers and followers of Hinnawi FX site specialized in Forex analysis and currency market analysis daily. We offer the best free Forex recommendations with high accuracy and great professionalism.

EUR dollars

During Tuesday's trading, the pair managed to break the sub-uptrend after touching the supply area from 1.0880, where it faced selling pressures.

We believe that the direction of the pair is bearish during trading today, provided that stability remains below 1.0900, and that the bearish targets reach levels of 1.0650 - 1.0635.

Influential news:

German Ifo Business Index at 11:00 am Al-Quds Al-Sharif time

Best selling recommendations for the pair from 1.0850 target 1.0750 - 1.0660

Pound dollars

The pair was able to close positively during yesterday's trading, so that it could approach the levels of an offer that we believe will have a significant impact on the pair during this day's trading.

We believe that the direction of the pair during today's trading is to return to a bearish trend

Influential news:

Annual consumer price index for the pound at 9:00 am in Jerusalem.

Best recommendations: Selling the pair from 1.1855, waqf, 1.1955, target 1.1700 - 1.1600.