Daily technical analysis of currencies on Tuesday 28-4-2020

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

The daily stability of the pair above the areas of 1.0820 above the falling trend line on the four-hour frame and the formation of support areas around 1.0800, we believe that the trend for today is an upward trend.

Influential news: The Consumer Confidence Index from America is at 5:00 pm, Al-Quds Al-Sharif time.

Best recommendations: Buy the pair from the 1.0800 endowment 1.0775 target 1.0845 - 1.0880

Cable

We believe that the pair did not complete the bullish targets, which we mentioned in the weekly analysis. Selling areas. We believe that the trend is still going up until reaching the selling areas, God Almighty.

Influential news: The Consumer Confidence Index from America is at 5:00 pm, Al-Quds Al-Sharif time.

Best recommendations: Buying the pair from the 1.2393 endowment 1.2350 target 1.2550 - 1.2475

Sell the pair from the 1.2480 endowment 1.2555 target 1.2380 (conditional on price action on the hour)

Yen dollars

The pair managed to break the symmetrical triangle. We think that the direction for today is bearish, provided that 107.70 will not be breached

Influential news: The Consumer Confidence Index from America is at 5:00 pm, Al-Quds Al-Sharif time.

Best recommendations: sell $ yen from 107.38 endowment 107.63 target 107.00

Franc dollars

We think that the direction for this day is bullish, there still bullish targets around 0.9800