Technical analysis

Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8900)

  • 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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.

Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8880)

  • 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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, growing volatility.
  • The main recommendation: sale entry is started from 0.8900 (MA 200), 0.8930 (Fibo., 38.2 from the April’s low), 0.8950.
  • Alternative recommendation: buye entry is started from 0.8850, 0.8830, 0.8810 (Fibo., 50.00 from the April’s low).

The downward dynamics of the cross-rate has slowed noticeably, which may indicate the possibility of a trend reversal and the resumption of the general upward trend.

EUR JPY (current price: 131.50)

  • Support levels: 131.40 (minimum of the last months), 130.50, 129.80 (Fibo., 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 (signal – downward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 131.80, 132.00 (MA 100), 132.40 (MA 200).
  • Alternative recommendation: buy entry is started from 131.40, 131.00 (November minimum), 130.60.

Euro yen continues to be near significant support 131.40-00, from which it is possible both the resumption of the downtrend and to repel from it .

GBP JPY (current price: 148.00)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): oversold, declining volatility.
  • The main recommendation: sale entry is started from 148.70 (MA 200), 149.00, 149.30.
  • Alternative recommendation: buy entry is started purchase from 148.30, 148.00, 147.70.

The pound-yen keeps the downward dynamics, keeping the movement in a downtrend within the common downlink.

EUR CHF (current price: 1.1610)

  • 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 (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 1.1640 (MA 100), 1.1660, 1.1680.
  • Alternative recommendation: buy entry is started from 1.1600, 1.1580, 1.1560.

The euro-franc pair declines, while maintaining an upward trend and is limited by this trend.

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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the overbought zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 1.1840 (MA 100), 1.1860, 1.1900.
  • Alternative recommendation: buy entry is started from 1.1800, 1.1770 (MA 100), 1.1750 (MA 200).

The euro strengthens the position early in the day on the weakness of the American, but due to a significant overbought further growth of this pair will be limited.

GBP USD (current price: 1.3310)

  • 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 (signal – downward motion): the indicator is higher than 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 1.3340, 1.3370, 1.3400.
  • Alternative recommendation: buy entry is started from 1.3260 (Fibo, 23.6 from the January low), 1.3200 (MA 200), 1.3140.

The British pound is under pressure of correction and the resumption of the general trend.

USD CHF (current price: 0.9810)

  • Support levels: 0.9700, 0.9600, 0.9530.
  • Resistance levels: 1.0000, 1.0050, 1.0100 (May maximum).
  • Computer analysis: MACD (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the oversold zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 0.9840 (MA 200), 0.9860, 0.9880 (Fibo.50.0 from the high of November 2016).
  • Alternative recommendation: buy entry is started from 0.9800, 0.9770 (Fibo, 38.2 from November 2016 high), 0.9740.

The Swiss franc remains trading near the highs of the month due to the uncertainty of the market.

USD JPY (current price: 111.20)

  • Support levels: 108.90, 108.10 (April 2017 minimum), 107.30 (2017 minimum).
  • Resistance levels: 113.70, 114.50 (July 2017 msximum), 115.00.
  • Computer analysis: MACD (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the oversold zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 111.60 (Fibo. 38.2 from the maximum of December), 112.20 (MA 100), 112.50.
  • Alternative recommendation: buy entry is started from 111.00, 110.80, 110.50.

The Japanese yen also remains in uncertainty due to the overbought and risk growth opportunities.

USD CAD (current price: 1.2690)

  • Support levels: 1.2200, 1.2060 (2017 minimum), 1.1950 (2015 minimum).
  • Resistance levels: 1.2780 (August 2017 hmaximum), 1.3000, 1.3160.
  • Computer analysis: MACD (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the oversold zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 1.2720 (Fibo, 23.6 September low), 1.2750 (MA 200), 1.2780.
  • Alternative recommendation: buy entry is started from 1.2680 (MA 200 per H4), 1.2660, 1.2630.

The Canadian dollar keeps growing on the resumption of the downward dynamics of the pair and rising prices on raw materials.

AUD USD (current price: 0.7620)

  • 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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the overbought zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 0.7630 (Fibo, 38.2 from the low of January 2016), 0.7650, 0.7670.
  • Alternative recommendation: buy entry is started from 0.7590 (MA 200), 0.7570 (MA 100), 0.7550.

The Australian also has strengthened on growth of the prices on raw materials, but it is limited to the overbought zone.

NZD USD (current price: 0.6880)

  • 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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the overbought zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 0.6890, 0.6910, 0.6930.
  • Alternative recommendation: buy entry is started from 0.6850 (MA 200), 0.6820, 0.6790.

The New Zealand dollar also remains in the overbought zone, which may cause a correction.

XAU USD (current price: 1289.00)

  • Support levels: 1250.00, 1226.00, 1200.00.
  • Resistance levels: 1340.00, 1355.00, 1374.00 (2016 maximum).
  • Computer analysis: MACD (signal – downward motion): the indicator is higher than 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 1292.00, 1295.00, 1297.00.
  • Alternative recommendation: buy entry is started from 1284.00, 1281.00 (Fibo., 50.0 from the July low), 1277.00.

Gold weakened slightly at the beginning of the day, but still maintains a restrained-ascending trend.

Тechnical analysis of currency pairs (Anton Hanzenko)

EUR USD (current price: 1.1750)

  • 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 (signal – upward motion): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, growing volatility.
  • The main recommendation: sale entry is started from 1.1770 (MA 100), 1.1810, 1.1830.
  • Alternative recommendation: buy entry is started from 1.1720, 1.1680 (Fibo, 23.6 from the low of December 2016), 1.1650.

The euro continues to strengthen at the beginning of the day, maintaining a positive attitude on the correction of positions on the American, along with this, the downward trend for this pair is also preserved.

GBP USD (current price: 1.3250)

  • Support levels: 1.3140, 1.2900, 1.2740 (August 2017 minimum).
  • Resistance levels: 1.3500, 1.3660, 1.3830 (Febrary 2016 minimum).
  • Computer analysis: MACD (signal – upward movement): the indicator is above 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 1.3270, 1.3300, 1.3340.
  • Alternative recommendation: buy entry is started from 1.3220 (MA 100), 1.3180 (MA 200), 1.3140.

The British pound also maintains an upward trend, receiving support from the weakness of the American. But this pair is still limited to a two-month lateral trend.

USD CHF (current price: 0.9890)

  • Support levels: 0.9700, 0.9600, 0.9530.
  • Resistance levels: 1.0000, 1.0050, 1.0100 (May maximum).
  • Computer analysis: MACD (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the oversold zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 0.9920 (MA 200), 0.9940, 0.9970.
  • Alternative recommendation: buy entry is started from 0.9880 (Fibo., 50.0 from November 2016 high), 0.9860, 0.9840.

The Swiss franc is trading near significant support, which may slow the growth of the franc.

USD JPY (current price: 112.10)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the oversold zone. Bollinger Bands (period 20): oversold, growing volatility.
  • The main recommendation: sale entry is started from 112.50 (MA 100), 112.90 (Fibo.50.0 from the maximum of December), 113.30.
  • Alternative recommendation: buy entry is started from 111.90, 111.60 (Fibo. 38.2 from the maximum of December), 111.30.

The Japanese yen is trading with the strengthening, maintaining a downtrend in the pair, but further decline will be limited to the zone 111.60.

USD CAD (current price: 1.2760)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 1.2780, 1.2800, 1.2830.
  • Alternative recommendation: buy entry is started from 1.2740 (MA 200), 1.2720 (Fibo. 23.6 low of September), 1.2700.

The Canadian dollar demonstrates a slight increase in the growth of raw material prices, along with this, the overall dynamics of the pair remains ascending.

AUD USD (current price: 0.7570)

  • 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 (signal – downward motion): the indicator is higher than 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale netry is started from 0.7580, 0.7600 (MA 200), 0.7630.
  • Alternative recommendation: buy entry is started from 0.7550, 0.7530, 0.7500.

The Australian also strengthened on the growth of prices for raw materials, but at the beginning of the day was corrected, which is due to the general downward trend.

NZD USD (current price: 0.6830)

  • 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 (signal – downward motion): the indicator is higher than 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 0.6840, 0.6860 (MA 200), 0.6880.
  • Alternative recommendation: buy entry is started from 0.6820, 0.6800, 0.6780 (November low).

The New Zealand dollar demonstrates a slowdown in the downtrend, confirming the formation of a correction.

XAU USD (current price: 1283.00)

  • Support levels: 1250.00, 1226.00, 1200.00.
  • Resistance levels: 1340.00, 1355.00, 1374.00 (2016 maximum).
  • Computer analysis: MACD (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, growing volatility.
  • The main recommendation: sale entry is started from 1284.00, 1289.00, 1296.00.
  • Alternative recommendation: buy entry is started from 1278.00, 1273.00, 1270.00.

Gold slightly strengthened early in the day based on increasing risks, thereby maintaining a general upward trend.

Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8870)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, declining volatility.
  • The main recommendation: sale entry is started from 0.8890 (MA 100), 0.8930 (Fibo. 38.2 from the April low), 0.8950.
  • Alternative recommendation: buy entry is started from 0.8850, 0.8830, 0.8810 (Fibo. 50.00 from the April low).

The downward dynamics of the cross-rate remains in force, but is limited to significant support 0.8840-10, from which a correction is observed.

EUR JPY (current price: 131.70)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 132.00, 132.30 (MA 100), 132.50 (MA 200).
  • Alternative recommendation: buy entry is started from 131.40, 131.00 (November minimum), 130.60.

The euro-yen remains under pressure, despite the ambiguity in the euro area and the preservation of flat on the cross.

GBP JPY (current price: 148.50)

  • 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 (signal – downward motion): the indicator is below 0, the signal line is in the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): oversold, growing volatility.
  • The main recommendation: sale entry is started from 148.70 (MA 200), 149.00, 149.30.
  • Alternative recommendation: buy entry is started from 148.30, 148.00, 147.70.

The pound-yen resumed the downward trend, keeping the movement in a downward trend within the common downward channel.

EUR CHF (current price: 1.1630)

  • 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 (signal – upward motion): the indicator is below 0, the signal line has left the body of the histogram. RSI is in the neutral zone. Bollinger Bands (period 20): neutral, low volatility.
  • The main recommendation: sale entry is started from 1.1660 (MA 100), 1.1700, 1.1730.
  • Alternative recommendation: buy entry is started from 1.1600, 1.1570, 1.1550.

The euro-franc pair declines, while maintaining an upward trend.