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: 0.8830)

• 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 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  0.8850, 0.8870, 0.8890.
• Alternative recommendation: buy entry is from 0.8820, 0.8800, 0.8780.

The euro pound has gone up, but is also limited by risk.

EUR JPY (current price: 128.00)

• 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 128.30, 128.50, 128.80.
• Alternative recommendation: buy entry is from 127.60, 127.30, 127.00

The euro yen has returned to lower risks.

GBP JPY (current price: 144.70)

• 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.
• Primary recommendation: sale entry is from 145.00, 145.50, 146.00.
• Alternative recommendation: buy entry is from 144.40, 144.00, 143.80.

A pair of pound yen remains under pressure from risks, but is limited to correction.

EUR CHF (current price: 1.1370)

• 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 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 1.1380, 1.1400, 1.1430.
• Alternative recommendation: buy entry is from 1.1350, 1.1330, 1.1300.

A pair of euro franc maintains a downward trend, despite the attempts of correction.