Technical analysis of cross-rates. (Anton Hanzenko)

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

Earn with the help of the trade service on the news Erste News!

EUR GBP (current price: 0.8700)

• Support levels: 0.8750, 0.8700, 0.8650.
• Resistance levels: 0.8850, 0.8900, 0.9000.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.

• The main recommendation: sale entry is from 0.8730, 0.8750, 0.8770.
• Alternative recommendation: buy entry is from 0.8700, 0.8680, 0.8660.

The euro pound pair accelerated the decline after information about  Brexit agreement formation.

EUR JPY (current price: 128.40)

• Support levels: 129.00, 128.00, 126.00.
• Resistance levels: 131.00, 132.50, 133.50.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line is above Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 128.80, 129.00, 129.30.
• Alternative recommendation: buy entry is from 128.30, 128.00, 127.80

Euro yen is trading with strengthening, limited to the downward channel.

GBP JPY (current price: 147.60)

• Support levels: 147.00, 145.00, 143.00.
• Resistance levels: 149.00, 150.00, 151.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen line, the price is above the cloud.
• The main recommendation: sale entry is from 148.00, 148.40, 148.80.
• Alternative recommendation: buy entry is from 147.30, 147.00, 146.60.

The pound yen pair is trading lower on correction and rising risk.

EUR CHF (current price: 1.1370)

• Support levels: 1.1350, 1.1270, 1.1200.
• Resistance levels: 1.1450, 1.1500, 1.1550.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line near the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entr is from1.1380, 1.1400, 1.1420.
• Alternative recommendation: buy entry is from 1.1350, 1.1320, 1.1300.

The euro franc is limited by a downtrend, despite attempts to grow.