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: 0.8780)

• 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 – 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 0.8800, 0.8830, 0.8850.
• Alternative recommendation: buy entry is from 0.8750, 0.8720, 0.8700.

The euro pound pair maintains a downtrend on the Brexit optimism.

EUR JPY (current price: 129.780)

• 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 above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line is above Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 130.00, 130.20, 130.50
• Alternative recommendation: buy entry is from 129.50, 129.20, 129.00

Euro yen is trading in a flat.

GBP JPY (current price: 147.60)

• Support levels: 145.00, 143.10, 141.50.
• Resistance levels: 146.00, 147.00, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line near the Kijun-sen line, the price in the cloud.
• The main recommendation: sale entry is from 148.20, 148.50, 148.80.
• Alternative recommendation: buy entry is from 147.50, 147.20, 147.00.

A pair of pound yen after rising moved to the correction on reducing risks.

EUR CHF (current price: 1.1460)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen line, the price is above the cloud.
• The main recommendation: sale entry is from 1.1470, 1.1500, 1.1520.
• Alternative recommendation: buy entry is from 1.1440, 1.1420, 1.1400.

A pair of euro franc shows moderate growth on reducing risks and maintaining an uptrend.