Technical analysis of cross-rates. (Anton Hanzenko)

Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.

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EUR GBP (current price: 0.8870)

• Support levels: 0.8900, 0.8850, 0.8800.
• Resistance levels: 0.9000 (strong psychology), 0.9070, 0.9150.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line in the body of the histogram. RSI (14) in the zone of light oversold. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.

• The main recommendation: sale entry is from 0.8880, 0.8900, 0.8930.
• Alternative recommendation: buy entry is from 0.8850, 0.8830, 0.8800.

The euro pound pair is trading in a downtrend, limited to oversold.

EUR JPY (current price: 131.20)

• Support levels: 129.00, 128.00, 126.00.
• Resistance Levels: 131.00, 132.50, 133.50.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line in the body of the histogram. RSI (14) in the oversold area. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 131.40, 132.00, 132.50.
• Alternative recommendation: buy entry is from 131.00, 130.70, 130.50

The euro yen remains under pressure from risks, limited to the downward trend.

GBP JPY (current price: 147.90)

• Support levels: 145.00, 143.10, 141.50.
• Resistance levels: 146.00, 147.00, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is lower than Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 148.30, 148.50, 149.00.
• Alternative recommendation: buy entry is from 147.60, 147.30, 147.00.

A pair of pound yen remains under pressure, limited to the upward channel.

EUR CHF (current price: 1.1340)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line in the body of the histogram. RSI (14) in the oversold area. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation:  sale entry is from 1.1350, 1.1380, 1.1400.
• Alternative recommendation: buy entry is from 1.1330, 1.1300, 1.1270.

A pair of euro franc moved to a correction in the growth of risks, maintaining an uptrend.