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: 0.8870)

• 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 a downtrend, despite attempts to grow on the correction.

EUR JPY (current price: 119.10)

• 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 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 – flat): Tenkan-sen line near Kijun-sen, the price is in the cloud.
• The main recommendation: sale entry is from 119.50, 119.80, 120.00.
• Alternative recommendation: buy entry is from 119.00, 118.70, 118.50

The euro yen remains restrained, limiting itself to an uptrend.

GBP JPY (current price: 134.20)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line near the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 134.50, 135.00, 135.50.
• Alternative recommendation: buy entry is from 133.50, 133.00, 132.50.

The pound yen is trading restrained in flat, slowing down the upward trend.

EUR CHF (current price: 1.0940)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• 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 – flat): 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 yesterday’s decline, continuing to slow down the uptrend and forming a flat.