Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.8660)
- 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 – upward movement): the indicator is above 0, the signal line is in 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, the price is higher than the cloud.
- The main recommendation: sale entry is started from 0.8670,0.8690, 0.8710.
- Alternative recommendation: buy entry is started from 0.8630, 0.8600, 0.8580.
The pair remains in flat on the correction of the euro, limited to a downward trend.
EUR JPY (current price: 132.60)
- 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 above 0, the signal line is in 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, the price is higher than the cloud.
- The main recommendation: sale entry is started from 132.80, 133.00, 133.20.
- Alternative recommendation: buy entry is started from 132.30, 132.10, 131.80.
The euro yen weakened at the beginning of the day, but keeps the upward trend.
GBP JPY (current price: 153.20)
- 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-flat): the Tenkan-sen line is near the Kijun-sen line, the price is in the cloud.
- The main recommendation:sale entry is started from 153.60, 153.80, 154.00.
- Alternative recommendation: buy entry is started from 153.00, 152.80, 152.60.
The pound yen remains near the highs, while it is limited to overbought.
EUR CHF (current price: 1.1970)
- 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) in the overbought 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 1.1980, 1.200, 1.2020.
- Alternative recommendation: buy entry is started from 1.1940, 1.1920, 1.1900.
The euro franc pair maintains an uptrend, limited to a significant overbought.