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: 0.8670)

• 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 near Kijun-sen, the price below the cloud.

• The main recommendation: sale entry is from 0.8700, 0.8750, 0.8800.
• Alternative recommendation: buy entry is from 0.8620, 0.8600, 0.8580.

The euro pound remains under the pressure at Brexit optimism, limiting itself to a restrained downward channel.

EUR JPY (current price: 120.50)

• 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 is above 0, the signal line has left the histogram body. RSI (14) in the overbought zone. 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 120.80, 121.30, 121.50.
• Alternative recommendation: buy entry is from 120.00, 119.50, 119.20

The euro yen maintains a restrained upward trend on the growth of optimism according to Brexit.

GBP JPY (current price: 139.00)

• 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 the cloud.
• The main recommendation: sale entry is from 140.00, 140.50, 141.00.
• Alternative recommendation: buy entry is from 138.50, 138.00, 137.50.

The pound yen was under the pressure of correction, maintaining an uptrend.

EUR CHF (current price: 1.0990)

• 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): indicator below 0, signal line in the histogram body. 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 1.1020, 1.1050, 1.1080.
• Alternative recommendation: buy entry is from 1.0980, 1.0950, 1.0920.

The euro franc was under the pressure of correction after growth.