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: 0.9020)

• 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 below 0, the signal line came out from the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen, the price is below the cloud.

• The main recommendation: sale entry is from 0.9050, 0.9080, 0.9100.
• Alternative recommendation: buy entry is from 0.9000, 0.8980, 0.8950.

The euro pound remains under the pressure, returning to a downward trend.

EUR JPY (current price: 117.60)

• 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): indicator is above 0, the signal line has left the histogram body. RSI (14) in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen, the price is above the cloud.
• The main recommendation: sale entry is from 117.80, 118.00, 118.30.
• Alternative recommendation: buy entry is from 117.30, 117.00, 116.80

The euro yen accelerated growth in reducing risks, limiting itself to a downtrend and overbought.

GBP JPY (current price: 130.30)

• 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): indicator is above 0, the signal line has left the histogram body. RSI (14) in the overbought 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 130.50, 131.00, 131.50.
• Alternative recommendation: buy entry is from 130.00, 129.50, 129.00.

The pound yen is trading at the open of the day, slowing down the downtrend.

EUR CHF (current price: 1.0840)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the histogram body. 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 entry is from 1.0880, 1.0900, 1.0920.
• Alternative recommendation: buy entry is from 1.0820, 1.0800, 1.0780.

The euro franc is trading with growth on risk reduction, while maintaining a downward trend.