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: 0.9000)

• Support levels: 0.8900, 0.8850, 0.8750.
• Resistance levels: 0.9050, 0.9150, 0.9200.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line in the body of the histogram. RSI (14) overbought. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen, the price is above the cloud.

• The main recommendation:  sale entry is from 0.9020, 0.9050, 0.9080.
• Alternative recommendation: buy entry from 0.8980, 0.8950, 0.8930.

The euro pound pair maintains upward dynamics, limited to overbought and trading channel.

EUR JPY (current price: 122.20)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line in the body of the histogram. RSI (14) overbought. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen, the price is above the cloud.
• The main recommendation: sale entry is from122.50, 122.80, 123.00.
• Alternative recommendation: buy entry is from 122.00, 121.80, 121.50

The euro yen accelerated growth on the weakness of the yen due the reducing risks.

GBP JPY (current price: 135.80)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• 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 – upward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 136.00, 136.30, 136.50.
• Alternative recommendation: buy entry is from 135.50, 135.30, 135.00.

A pair of pound yen is trading with attempts of growth on reduced risks, while maintaining a restrained upward channel.

EUR CHF (current price: 1.1120)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• 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 the Kijun-sen line, the price is below the cloud.
• The main recommendation:  sale entry is from 1.1130, 1.1150, 1.1180.
• Alternative recommendation: buy entry is from 1.1100, 1.1080, 1.1050.

A pair of euro franc is trading in the general upward channel, limited to restraint and attempts of correction after growth.