Technical analysis of cross-rates. (Anton Hanzenko)

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

Earn with the help of the trade service on the news Erste News!

EUR GBP (current price: 0.8900)

• Support levels: 0.8750, 0.8700, 0.8650.
• Resistance levels: 0.8850, 0.8900, 0.9000.
• 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 in the cloud.

• The main recommendation: sale entry is from 0.8920, 0.8950, 0.8980.
• Alternative recommendation: buy entry is from 0.8880, 0.8850, 0.8820.

The euro pound pair shows a correction against growth, limiting itself to risks in the UK.

EUR JPY (current price: 129.00)

• 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 – upward movement): Tenkan-sen line is above Kijun-sen line, the price is above the cloud.
• The main recommendation: sale entry is from 129.30, 129.50, 129.80.
• Alternative recommendation: buy entry is from 128.80, 128.50, 128.30

Euro yen returned to growth on renewed optimism.

GBP JPY (current price: 145.00)

• Support levels: 147.00, 145.00, 143.00.
• Resistance levels: 149.00, 150.00, 151.00.
• 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 145.20, 145.40, 145.80.
• Alternative recommendation: buy entry is from 144.70, 144.50, 144.20.

A pair of pounds of yen is limited by a side triangle, while accelerating the decline in the possibility of extending the transition period for Brexit.

EUR CHF (current price: 1.1330)

• Support levels: 1.1350, 1.1270, 1.1200.
• Resistance levels: 1.1450, 1.1500, 1.1550.
• 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 1.1350, 1.1380, 1.1400.
• Alternative recommendation: buy entry is from 1.1320, 1.1300, 1.1280.

A pair of euro franc moved to the correction, but retains the potential for growth.