03 Apr
Daily technical analysis of currencies on Friday 3-4-2020

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.


Very important: Today the US employment and unemployment news are the most important news for the beginning of the new month. Please be careful in your trading news at 3.30 pm Al-Quds Al-Sharif


EUR dollars

A falling channel that the price is moving in. 61.8 Fibo levels have been reached for the recent ascending wave between the bottom 1.0638 and the top 1.1146

We remember that today is a weekly closing and there is important news on the dollar, which strongly drives the markets, so I would not prefer to buy for the pair except by breaching the upper limit of the channel or forming a false break of the 61.8% Fibo level (Checkout - Bottom Rivers).


Pound dollars


The pair is moving in an accidental direction, it is best to stay away from it and neutral until signs of a fall or a rise appear again, especially after achieving the goals of the rise for Thursday, and then returning a narrow ring


Yen dollars


The pair managed to breach a downtrend during Thursday's trading, and if the pair manages to break 108.75 up, a double bottom pattern will be formed that supports the rise to the 110.00 zones.


Franc dollars


Any reflective signal on the last hourly candle shown with the candle closing, entry with targets 0.9690 will be entered to enter selling only with action price only.


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