Daily technical analysis of currencies on Thursday 9-4-2020

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.

EUR dollars

Euro-dollar maintains trades above 1.0850, a narrow range of movement during Wednesday's trading, a simple corrective movement for the pair, we expect to complete an upward trajectory during today's trading by taking a new base around the areas of 1.0840 - 1.0820.

We think the trend is to the upside today

Influential news:

1. The meetings of the European Central Monetary Policy Committee at 2.30 pm Al-Quds Al-Sharif.
2. US unemployment complaints at 3.30 pm Al-Quds Al-Sharif time.
3. Powell talk, President of the American Central Bank at 5:00 pm, Al-Quds Al-Sharif time.

Best recommendations: Buy the pair from 1.0846 target 1.0920 - 1.0960 stop 1.0800

Pound dollars

The pair still maintains its positivity, as the pair closed above 1.2375 levels, which makes us believe that the bullish push is still present for this pair during today's trading, and we expect to take concentrations around 1.2360 areas to complete the upside and achieve the bullish targets around the areas of 1.2440 - 1.2470

We think the trend is to the upside today

Influential news:

1. US unemployment complaints at 3.30 pm Al-Quds Al-Sharif time.
2. Powell talk, President of the American Central Bank at 5:00 pm, Al-Quds Al-Sharif time.

Best recommendations: Buy the pair from the 1.2360 endowment 1.2315 target 1.2440 - 1.2470.

Yen dollars

Positive closings on USD

Influential news: