Technical Analysis of cross-rates. (Аnton Hanzenko)

EUR GBP (current price: 0.8900)

• Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
• Resistance levels: 0.8810, 0.8900, 0.9050 (November 2016 maximum).
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. IchimokuKinkoHyo (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 started from 0.8930,0.8950, 0.8700.
• Alternative recommendation: buy entry is started from 0.8900, 0.8880, 0.8850.

The euro pound pair continues to trade near significant support at 0.8900, remaining under pressure from the bearish divergence, which in the end may increase pressure.

EUR JPY (current price: 131.30)

• Support levels: 130.20, 128.50, 126.80.
• Resistance levels: 133.00, 134.50, 136.80.
• 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) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (flat signal): the Tenkan-sen line is near the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is started from 131.70, 132.00, 132.40.
• Alternative recommendation: buy entry is started from 131.00, 130.70, 130.20.

The euro remains in the flat due to uncertainty of the market.

GBP JPY (current price: 147.30)

• Support levels: 146.00, 144.50, 143.50.
• Resistance levels: 148.00, 150.00, 151.50.
• Computer analysis: MACD (12, 26, 9) (signal-flat): the indicator is near 0. RSI (14) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is started from 147.80, 148.00, 148.40.
• Alternative recommendation: buy entry is started from 146.80, 146.30, 146.00.

The pound yen remains in the sideways trend, keeping the downside potential on the resumption of the downtrend.

EUR CHF (current price: 1.1700)

• Support levels: 1.1500, 1.1450, 1.1400.
• Resistance levels: 1.1600, 1.1700 (the maximum of the current year), 1.1800.
• Computer analysis: MACD (12, 26, 9) (signal- downward movement): the indicator is above 0, the signal line has left the body of the histogram. RSI (14) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, is above the cloud.
• The main recommendation: sale entry is started from 1.1730, 1.1750, 1.1780.
• Alternative recommendation: buy entry is started from 1.1680, 1.1650, 1.1620.

The euro franc pair continues to grow, while remaining in overbought and forming a bearish divergence, which may indicate an early correction.