Daily technical analysis of currencies on Tuesday 21-4-2020

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

Cross-trades dominated during trading on Monday, movements indicating turmoil and uncertainty in the markets,

EURUSD is still trading above 1.0800, and we expect stability above this level is very important for the return of buyers

Influential news: German ZEW index has average effect at 12:00 noon, Quds Sharif time

Best recommendations:

Buying and selling of a pair depends on the price action and the specific areas on the chart

Cable (Pound Dollars)

Very important news awaiting the pounds. Unemployment news. Therefore, in light of these occasional movements, we will monitor the report. I believe that the work on the edges, as shown on the chart, is very appropriate during this day’s trading.

Influential news: British unemployment news at 9:00 am Al-Quds Al-Sharif time.

Best recommendations: Sell from 1.2450 endowment 1.2500 target 1.2400

Buy from 1.2265 target 1.2370 endowment 1.2160

Yen dollars

A transverse movement, the Bring movement is very narrow, and it is never better to deal with the pair now until it comes out of the boring movement range

Influential news: No important news.

Best Recommendations: None.

Franc dollars