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: 0.8990)

• Support levels: 0.8900, 0.8850, 0.8800.
• Resistance levels: 0.9000 (strong psychology), 0.9070, 0.9150.
• Computer analysis: MACD (12, 26, 9) (signal-flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): the Tenkan-sen line near the Kijun-sen line, the price is in the cloud.

• The main recommendation: sale entry is from 0.9030, 0.9050, 0.9080.
• Alternative recommendation: buy entry is from 0.8980, 0.8950, 0.8920.

A pair of euro pound remains in flat, keeping a restrained upward trend.

EUR JPY (current price: 128.60)

• Support levels: 128.00, 126.00, 125.00.
• Resistance levels: 129.50, 130.50, 132.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward motion): the indicator is below 0, the signal line is pierced from the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation:  sale entry isfrom 129.00, 129.250, 129.80.
• Alternative recommendation: buy entry is from 128.40, 128.00, 127.70

The euro yen is trading in a downward triangle on preservation of risks.

GBP JPY (current price: 143.00)

• Support levels: 141.50, 140.50, 139.20.
• Resistance levels: 143.00, 144.50, 145.50.
• 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): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 143.50, 143.90, 144.50.
• Alternative recommendation: buy entry is from 142.50, 142.00, 141.70.

The  pound- yen pair is trading in a downtrend, limited to oversold.

EUR CHF (current price: 1.1220)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 1.1230, 1.1250, 1.1270.
• Alternative recommendation: but entry is from 1.1200, 1.1180, 1.1160.

The euro-franc pair is trading lower with risks, but is limited to oversold.