10 Apr
Daily technical analysis of currencies on Friday 10-4-2020

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.


Important note: Today is a bank holiday, and liquidity can be weak (Good Friday or Friday of Passion), which is a prominent religious celebration day in the Christian religion and an official holiday in most countries of the world).


EUR dollars


We believe that the trend for today is still bullish, reminding us that today is a holiday in most parts of the world (often it will be weak liquidity and high price differences).

Influential news: The US dollar has a core consumer price index at 3.30 pm Al-Quds Al-Sharif time.

Best recommendations: Buy the pair from 1.0890, target 1.0940 - 1.0980, stop 1.0840


Pound dollars

Positive closings cautiously approaching the pair from Fibo 61% of the recent downside wave, so we will buy in a conditional condition, which is the pair's fall before any rise and before the break of 1.2486, we cancel any opportunity to buy if the husband managed to penetrate the 1.2486 area and we are looking to sell with any clear price action signal, today closing Weekly and bank holidays I prefer not to enter except with near-guaranteed deals so that we do not have to close deals before the markets close on losing, God forbid, because I do not favor any swap of deals under the current situation.

Influential news: The US dollar has a core consumer price index at 3.30 pm Al-Quds Al-Sharif time.

Best recommendations: Buying the pair from the 1.2420 endowment 1.2385 target 1.2480 (provided that 1.2486 is not breached first).


Yen dollars

We think the trend for today is bearish.

Influential news: The US dollar has a core consumer price index at 3.30 pm Al-Quds Al-Sharif time.

Best recommendations: Sell the pair from 108.80, stop, 109.10, target, 108.20.


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