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: 0.8550)

• Support levels: 0.8900, 0.8850, 0.8750.
• Resistance levels: 0.9050, 0.9150, 0.9200.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line near above Kijun-sen, the price is above the cloud.

• The main recommendation:  sale entry is from 0.8580, 0.8600, 0.8630.
• Alternative recommendation: buy entry is from 0.8530, 0.8500, 0.8480.

The euro pound pair maintains an upward correction, trading in the downward channel.

EUR JPY (current price: 123.80)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• 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): Tenkan-sen line near Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 124.20, 124.60, 124.80.
• Alternative recommendation: buy entry is from 123.60, 123.30, 123.00

Euro yen is trading in a narrow flat, limited to the downward trend.

GBP JPY (current price: 144.80)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• 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): Tenkan-sen line near Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 145.20, 145.80, 146.20.
• Alternative recommendation: buy entry is from 144.50, 144.20, 144.00.

A pair of pound yen slowed growth on the correction and the formation of the flat.

EUR CHF (current price: 1.1400)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above the Kijun-sen line, the price is above the cloud.
• The main recommendation: sale entry is from 1.1420, 1.1450, 1.1480.
• Alternative recommendation: buy entry is from 1.1380, 1.1350, 1.1330.

A pair of euro franc shows restrained attempts of growth, limited to the downward channel.