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.