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: 0.8990)

• Support levels: 0.8900, 0.8850, 0.8750.
• Resistance levels: 0.9050, 0.9150, 0.9200.
• 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 neutral overbought. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line near Kijun-sen, the price is above the cloud.

• The main recommendation: sale entry is from 0.9000, 0.9020, 0.9050.
• Alternative recommendation: buy entry is from 0.8960, 0.8930, 0.8900.

A pair of euro pound trades with a strengthening on the weakness of the pound and increasing risks.

EUR JPY (current price: 122.60)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• 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 is below Kijun-sen, the price is above the cloud.
• The main recommendation: sale entry is from 123.00, 123.20, 123.50.
• Alternative recommendation: buy entry is from 122.50, 122.20, 122.00

Euro yen is trading with a strengthening on the preservation of the uptrend.

GBP JPY (current price: 136.30)

• 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 oversold area. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 136.70, 137.00, 137.30.
• Alternative recommendation: buy entry is from 136.00, 135.80, 135.50.

A pair of pound yen is traded with a decrease in risk, maintaining an uptrend.

EUR CHF (current price: 1.1100)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• 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 is below the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 1.1130, 1.1170, 1.1200.
• Alternative recommendation: buy entry is from 1.1070, 1.1050, 1.1030.

A pair of euro franc is trading in different directions, maintaining a downward trend.