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: 0.8880)

• 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 below 0, the signal line came out from 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, the price is below the cloud.

• The main recommendation: sale entry is from 0.8900, 0.8930, 0.8950.
• Alternative recommendation: buy entry is from 0.8930, 0.8900, 0.8880.

The euro pound remains under the pressure of correction after Friday’s decline.

EUR JPY (current price: 119.50)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): indicator below 0, signal line in the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line near Kijun-sen, the price above the cloud.
• The main recommendation: sale entry is from 119.50, 119.80, 120.00.
• Alternative recommendation: buy entry is from 119.20, 119.00, 118.80

The euro yen remains restrained, despite the opening with a decline, limited to an uptrend.

GBP JPY (current price: 134.30)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): indicator is above 0, the signal line has left the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line near the Kijun-sen line, the price above is the cloud.
• The main recommendation: sale entry is from 135.00, 135.50, 136.00.
• Alternative recommendation: buy entry is from 134.00, 133.50, 133.00.

The pair pound yen is trading with the preservation of an uptrend, limited by a decrease in risk.

EUR CHF (current price: 1.0950)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line near the Kijun-sen line, the price is in the cloud.
• The main recommendation:  sale entry is from 1.0980, 1.1000, 1.1020.
• Alternative recommendation: buy entry is from 1.0920, 1.0900, 1.0880.

The euro franc is showing growth after a decline at the opening, limited to a multi-day flat.