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: 0.8820)

• Support levels: 0.8800, 0.8750, 0.8700.
• Resistance levels: 0.8900 (strong psychology), 0.9000, 0.9050.
• 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 neutral zone. 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 0.8780, 0.8800, 0.8820.
• Alternative recommendation: buy entry is from 0.8770, 0.8750, 0.8730.

The euro pound pair remains under pressure on data on the progress of the Brexit negotiations and weakness of the euro.

EUR JPY (current price: 130.00)

• Support levels: 129.00, 128.00, 126.00.
• Resistance levels: 131.00, 132.50, 133.50.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. 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 130.30, 130.50, 130.80.
• Alternative recommendation: buy entry is from 129.70, 129.50, 129.30

The euro yen remains under pressure from a downtrend and rising risks.

GBP JPY (current price: 148.20)

• Support levels: 145.00, 143.10, 141.50.
• Resistance levels: 146.00, 147.00, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. 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 148.50, 148.80, 149.80.
• Alternative recommendation: buy entry is from 148.00, 147.60, 147.40.

A pair of pound yen moved to a correction on the rebound from the lower boundary of the channel, confirming keeping a restrained uptrend.

EUR CHF (current price: 1.1410)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is above the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 1.1420, 1.1450, 1.1480.
• Alternative recommendation: buy entry is from 1.1370, 1.1350, 1.1330.

A pair of euro franc remains in the flat.