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 Wednesday's trading, the pair managed to break a symmetrical triangle on the four-hour frame. The pattern defects the sideways movement with a narrow bering with the presence of a selling momentum on the momentum indicators. We believe that the trend for this day is a cautious downtrend until it broke 1.0770
Influential news:
- French PMI at 10.15 am Holy Jerusalem Time.
- The German Manufacturing PMI 10:30 am, Al-Quds Al-Sharif time.
- The US unemployment complaints index at 3.30 pm Al-Quds Al-Sharif time.
- The US Manufacturing PMI is 4.45 pm Al-Quds Al-Sharif time.
Best recommendations:
Selling the pair from the 1.0865 endowment 1.0890 target 1.0815
Cable (Pound Dollars)
We believe that the direction of the pair during today's trading is bearish, the beginning of the head appears - and the left shoulder is now in the process of forming the right shoulder, God Almighty, on the frame of the day. Harmonious with the 61.8% Fibo correction of the Cluster areas on the pair supporting the selling outlook, God Almighty.
Influential news:
- British PMI manufacturing at 11:30 am Al-Quds Al-Sharif time.
- The US unemployment complaints index at 3.30 pm Al-Quds Al-Sharif time.
- The US Manufacturing PMI is 4.45 pm Al-Quds Al-Sharif time.
Best recommendations:
The pair sold from 1.2480 the stop 1.2555 target 1.2350
Yen dollars
