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: 0.8880)

• 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 – 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) (signal – downward movement): the Tenkan-sen line above the Kijun-sen line, the price is below the cloud.

• The main recommendation:  sale entry is from 0.8890, 0.8920, 0.8940.
• Alternative recommendation: buy entry is from 0.8860, 0.8840, 0.8820.

The euro pound pair is trading in flat on the resumption of risks on Brexit, forming a correction after the decline.

EUR JPY (current price: 132.80)

• Support levels: 129.00, 128.00, 126.00.
• Resistance levels: 131.00, 132.50, 133.50.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought 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 132.90, 133.20, 133.40.
• Alternative recommendation: buy entry is from 132.50, 132.30, 132.00

The euro yen is trading with a strengthening on risk mitigation.

GBP JPY (current price: 149.50)

• Support levels: 145.00, 143.10, 141.50.
• Resistance levels: 146.00, 147.00, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought 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 150.00, 150.30, 150.50.
• Alternative recommendation: buy entry is from 149.00, 148.70, 148.30.

The pound-yen pair accelerated growth on the reduction of overall risks.

EUR CHF (current price: 1.1290)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• 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 in the cloud.
• The main recommendation: sale entry is from 1.1310, 1.1330, 1.1360.
• Alternative recommendation: buy entry is from 1.1270, 1.1250, 1.1230.

A pair of euro franc returned to flat on a slowdown in the downtrend.