Technical analysis

Тechnical analysis of currency pairs (Anton Hanzenko)

EUR USD (current price: 1.1780)

  • Support levels: 1.1700 (August 2015 maximum), 1.1600 (2016 maximum), 1.1470.
  • Resistance levels: 1.2000, 1.2100, 1.2270 (November 2014 minimum).
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) is in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.

Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8820)

  • Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
  • Resistance levels: 0.9020, 0.9170, 0.9300 (the maximum of the current year).
  • Computer analysis: MACD (12, 26, 9) (signal-flat): the indicator is near 0. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement, flat): the Tenkan-sen line is below the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 0.8840, 0.8870, 0.8890.
  • Alternative recommendation: buy entry is started from 0.8780, 0.8750, 0.8730.

Euro pound is trading in a narrow flat near the lower border of the rising channel based on uncertainties related to the EU and the UK.

EUR JPY (current price: 132.40)

  • Support levels: 131.40 (minimum of the last months), 130.50, 129.80 (Fib. 23.6 from the low of the current year).
  • Resistance levels: 133.30, 134.40 (the maximum of the current year), 135.00.
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 132.90 (MA 200), 133.30, 134.60.
  • Alternative recommendation: buy entry is started from 132.30, 131.90, 131.70.

The euro yen is trading under the division due to the fundamental risks caused by the political situation in Germany and the Brexit negotiations.

GBP JPY (current price: 150.20)

  • Support levels: 147.00 (minimum of last months), 144.20 (Fibo, 50.0 from the low of April), 141.50.
  • Resistance levels: 151.30, 152.80 (the maximum of the current year), 155.40.
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 150.60, 151.10, 152.50.
  • Alternative recommendation: buy entry is started from 150.80, 150.30, 150.00.

The pound yen remains in the correction phase after the cross’s growth last week.

EUR CHF (current price: 1.1670)

  • Support levels: 1.1500, 1.1450 (Fibo, 23.6 from the low of the current year), 1.1350.
  • Resistance levels: 1.1700 (the maximum of the current year), 1.1750, 1.1800.
  • Computer analysis: MACD (12, 26, 9) (signal-flat): the indicator is near 0 , RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – descending movement, flat): the Tenkan-sen line is below the line Kijun-sen, the price is in the cloud.
  • The main recommendation: sale entry is started from 1.1680, 1.1700, 1.1730.
  • Alternative recommendation: buy entry is started from 1.1650, 1.1630, 1.1600.

The euro franc pair is trading near the lower border of the rising channel, trading in flat.

Тechnical analysis of currency pairs (Anton Hanzenko)

EUR USD (current price: 1.1830)

  • Support levels: 1.1700 (August 2015 maximum), 1.1600 (2016 maximum), 1.1470.
  • Resistance levels: 1.2000, 1.2100, 1.2270 (November 2014 minimum).
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 1.1850, 1.1880 (MA 200), 1.1930.
  • Alternative recommendation: buy entry is started  from 1.1810, 1.1790, 1.1750.

The euro is trading with a decrease due to the preservation of risks in the euro area and the US, but, due to the expectations of higher rates in the US, investors are more inclined to the US currency.

GBP USD (current price: 1.3420)

  • Support levels: 1.3140, 1.2900, 1.2740 (August 2017 minimum).
  • Resistance levels: 1.3500, 1.3660, 1.3830 (February 2016 minimum).
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 1.3450, 1.3460 (MA 100), 1.3530.
  • Alternative recommendation: buy entry is started from 1.3400 (MA 200), 1.3360, 1.3330.

The British pound is clamped by a downward trend based on maintainance of the fears on Brexit.

USD CHF (current price: 0.9850)

  • Support levels: 0.9700, 0.9600, 0.9530.
  • Resistance levels: 1.0000, 1.0050, 1.0100 (May maximum).
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line has left the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 0.9880 (Fibo, 50.0 from November, 2016 high), 0.9900, 0.9930.
  • Alternative recommendation: buy entry is started from 0.9850, 0.9830 (MA 200), 0.9800.

The Swiss franc is trading lower after a sustained growth, which may indicate the end of the monthly correction.

USD JPY (current price: 112.00)

  • Support levels: 108.90, 108.10 (April 2017 minimum), 107.30 (2017 minimum ).
  • Resistance levels: 113.70, 114.50 (July 2017 maximum), 115.00.
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 112.50, 112.80, 113.00 (Fibo.50.0 from the maximum of November 2016).
  • Alternative recommendation: buy entry is started from 112.00, 111.60 (Fibo. 38.2 from the maximum of November 2016), 111.40.

The Japanese yen shows growth based on the growth of global fears and negative sentiments.

USD CAD (current price: 1.2690)

  • Support levels: 1.2200, 1.2060 (2017 minimum), 1.1950 (2015 minimum).
  • Resistance levels: 1.2780 (August 2017 maximum), 1.3000, 1.3160.
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement, flat): the Tenkan-sen line is above the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 1.2720, 1.2750 (MA 200), 1.2780.
  • Alternative recommendation: buy entry is started from 1.2660, 1.2640, 1.2600.

The Canadian dollar is trading in flat, waiting for the results of the meeting of the Bank of Canada.

AUD USD (current price: 0.7580)

  • Support levels: 0.7740, 0.7320 (2017 minimum), 0.7120.
  • Resistance levels: 0.8120 (2017 maximum), 0.8200, 0.8290 (2014 maximum).
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 0.7690 (MA 100), 0.7610, 0.7630.
  • Alternative recommendation: buy entry is started from 0.7570, 0.7550 (MA 200), 0.7530.

The Australian remains under pressure after publishing weak data on Australia’s GDP.

NZD USD (current price: 0.6910)

  • Support levels: 0.7000, 0.6930, 0.6820 (the minimum of the current year).
  • Resistance levels: 0.7380, 0.7450, 0.7550 (2017 maximum).
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is in the body of the histogram. RSI (14) is in the zone of easy overbought. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 0.6910, 0.6930, 0.6950.
  • Alternative recommendation: buy entry is started from 0.6890, 0.6870 (Fibo, 50.0 low of August 2015), 0.6850.

The New Zealand dollar demonstrates growth, but is also limited by the overall lateral trend.

XAU USD (current price: 1268.00)

  • Support levels: 1250.00, 1226.00, 1200.00.
  • Resistance levels: 1340.00, 1355.00, 1374.00 (2016 maximum).
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 1272.00, 1276.00, 1281.00 (Fibo 50.0 from the low of July).
  • Alternative recommendation: buy entry is started from 1263.00 (Fibo 61.8 from the July low), 1260.00, 1257.00.

Gold maintains a downtrend, trading near significant support 1263.

Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8840)

  • Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
  • Resistance levels: 0.9020, 0.9170, 0.9300 (the maximum of the current year).
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is in the body of the histogram. RSI (14) is in the overbought zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 0.8850, 0.8870 (MA 200), 0.8890.
  • Alternative recommendation: buy entry is started from 0.8790, 0.8770, 0.8750.

Euro pound is trading in a narrow flat, returning to the global channel due to the negative data on Brexit.

EUR JPY (current price: 133.60)

  • Support levels: 131.40 (minimum of the last months), 130.50, 129.80 (Fib. 23.6 from the low of the current year).
  • Resistance levels: 133.30, 134.40 (the maximum of the current year), 135.00.
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 134.10, 134.40, 134.70.
  • Alternative recommendation: buy entry is started from 133.30, 133.00, 132.90 (MA 100).

The euro yen is trading near the annual highs, while maintaining an upward trend.

GBP JPY (current price: 151.00)

  • Support levels: 147.00 (minimum of last months), 144.20 (Fibo, 50.0 from the low of April), 141.50.
  • Resistance levels: 151.30, 152.80 (the maximum of the current year), 155.40.
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
  • The main recommendation: sale entry is started from 151.70, 152.30, 152.50.
  • Alternative recommendation: buy entry is started from 150.80, 150.30, 150.00.

The pound yen is trading lower based on the overall weakness of the pound due to correction and negative data on Brexit.

EUR CHF (current price: 1.1690)

  • Support levels: 1.1500, 1.1450 (Fibo, 23.6 from the low of the current year), 1.1350.
  • Resistance levels: 1.1700 (the maximum of the current year), 1.1750, 1.1800.
  • Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
  • The main recommendation: sale entry is started from 1.1670, 1.1700, 1.1830.
  • Alternative recommendation: buy entry is started from 1.1640, 1.1620, 1.1600.

The euro-franc is trading near the lower border of the rising channel, preserving the potential for strengthening.

Тechnical analysis of currency pairs (Anton Hanzenko)

EUR USD (current price: 1.1870)

  • Support levels: 1.1700 (August 2015 maximum), 1.1600 (2016 maximum), 1.1470.
  • Resistance levels: 1.2000, 1.2100, 1.2270 (November 2014 minimum).
  • Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement, flat): the Tenkan-sen line is above the Kijun-sen line, the price is below the cloud.