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: 0.9040)

• 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 came 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 the Kijun-sen line, the price is above the cloud.

• Primary recommendation: sale entry is from 0.9050, 0.9070, 0.9100.
• Alternative recommendation: buy entry is from 0.9030, 0.9000, 0.8980.

The euro pound has returned to growth on reducing risks in the euro area and maintaining it  in the UK.

EUR JPY (current price: 127.30)

• 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 body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 127.70, 128.00, 128.30.
• Alternative recommendation: buy entry is from 127.00, 126.80, 126.50

The euro yen has returned to lower risk growth.

GBP JPY (current price: 141.00)

• Support levels: 143.00, 141.00, 140.00.
• Resistance levels: 146.00, 147.50, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of 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 the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 141.50, 141.80, 142.20.
• Alternative recommendation: buy entry is from 140.80, 140.40, 140.00.

A pair of pound yen returned to a downward trend on keeping risks around Brexit.

EUR CHF (current price: 1.1310)

• Support levels: 1.1350, 1.1270, 1.1200.
• Resistance levels: 1.1450, 1.1500, 1.1550.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): Tenkan-sen line is below Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 1.1330, 1.1350, 1.1380.
• Alternative recommendation: buy entry is from 1.1280, 1.1250, 1.1230.

A pair of euro franc shows growth in reducing risks in the euro area and the correction after the decline.