Тechnical analysis of currency pairs (Anton Hanzenko)

Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.

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EUR USD (current price: 1.1670)

• Support levels: 1.1600 (significant psychology), 1.1500 (local minimum), 1.1450.
• Resistance levels: 1.1750, 1.1850 (June maximum), 1.2000 (May maximum).
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): the Tenkan-sen line above the Kijun-sen line, the price in the cloud.

• The main recommendation: sale entry is from 1.1680, 1.1700, 1.1720.
• Alternative recommendation: buy entry is from 1.1640, 1.1600, 1.1580.

The euro dollar pair is trading with a strengthening on the decline of the American after Trump comments on a strong dollar.

GBP USD (current price: 1.3020)

• Support levels: 1.3200 (the minimum of May), 1.3050, 1.3000 (strong psychology).
• Resistance levels: 1.3350 (June maximum), 1.3460, 1.3600 (May maximum).
• 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 nitrate 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 1.3050, 1.3080, 1.3120.
• Alternative recommendation:buy entry is from1.3000, 1.2970, 1.2950.

The British pound also retreated from the lows on the weakness of the dollar, but keeps a downward trend.

USD CHF (current price: 0.9980)

• Support levels: 0.9900, 0.9850 (local minimum), 0.9700 (minimum of June).
• Resistance levels: 1.000 (significant psychology), 1.0050 (May maximum), 1.0100.
• 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) (flat signal): the Tenkan-sen line below the Kijun-sen line, the price in the cloud.
• The main recommendation: sale entry is from 1.0020, 1.0050, 1.0080.
• Alternative recommendation:buy entry is from0.9970, 0.9950, 0.9930.

The American dollar Swiss franc slowed its decline, staying in an uptrend.

USD JPY (current price: 112.40)

• Support levels: 112.00, 111.00, 109.80
• Resistance levels: 113.30 (the maximum of January), 114.00, 114.70.
• 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 from112.50, 112.80 113.00.
• Alternative recommendation:buy entry is from 112.00, 111.80, 111.60.

The USD / JPY pair is trading at the opening day, demonstrating a rise in possible risks in the US.

USD CAD (stream price: 1.3150)

• Support levels: 1.3100, 1.3050 (May high), 1.2950.
• Resistance levels: 1.3250, 1.3380, 1.3480.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is higher than 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is from 1.3300, 1.3330, 1.3350.
• Alternative recommendation:buy entry is from 1.3250, 1.3230, 1.3200.

 The American and  Canadian dollar pair  is traded, despite the weakness of the American dollar, which is due to the restrained dynamics of raw materials.

AUD USD (streaming price: 0.7360)

• Support levels: 0.7400, 0.7320, 0.7250.
• Resistance levels: 0.7500, 0.7550, 0.7600.
• Computer analysis: MACD (12, 26, 9) (signal – upward 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 0.7390, 0.7420, 0.7450.
• Alternative recommendation:buy entry is from0.7340, 0.7320, 0.7300.

The Australian dollar will recede from the lows on the weakness of the American dollar, but is limited to a downward trend.

NZD USD (streaming price: 0.6750)

• Support levels: 0.6780, 0.6700 (significant psychology), 0.6650.
• Resistance levels: 0.6880, 0.6920, 0.6970.
• 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 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 0.6770, 0.6800, 0.6820.
• Alternative recommendation: buy entry is from0.6740, 0.6720, 0.6700.

The New Zealand dollar retreated from the lows, but is limited by a downward trend.

XAU USD (streaming price: 1222.00)

• Support levels: 1235.00 (minimum of December 2017), 1220.00, 1205.00.
• Resistance levels: 1250.00, 1265.00, 1275.00 (local maximum).
• 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 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 1228.00, 1235.00, 1240.00.
• Alternative recommendation: buy entry is from 1215.00, 1212.00, 1210.00.

Gold remains under pressure of the dollar, forming a “double bottom”.