Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.8800)
- Support levels: 0.8730 (minimum of the last months), 0.8700, 0.8620 (minimum of April).
- Resistance levels: 0.8810, 0.8850, 0.8900.
- Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is higher than 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is from 0.8820, 0.8850, 0.8880.
- Alternative recommendation: buy entry is from 0.8780, 0.8750, 0.8730.
The euro pound pair has updated the significant resistance of 0.8810-00, which corresponds to the upper boundary of the downward channel and from which it is possible to repel.
EUR JPY (current price: 128.30)
- Support levels: 126.80, 125.00 (the minimum of May), 123.50.
- Resistance levels: 128.00, 129.00, 130.00.
- Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is higher than 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is from 128.80, 129.00, 129.50.
- Alternative recommendation: buy entry is from 128.00, 127.50, 127.20.
The euro is trading in a weekly uptrend, but is limited to a slight overbought.
GBP JPY (current price: 145.50)
- Support levels: 145.00, 144.30, 143.50.
- Resistance levels: 148.00, 150.00, 151.50.
- Computer analysis: MACD (12, 26, 9) (signal-flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): the Tenkan-sen line below near Kijun-sen, the price is in the cloud.
- The main recommendation: sale entry is from 145.70, 146.70, 146.50.
- Alternative recommendation: buy entry is from 145.20, 145.00, 144.70.
A pair of pound yen slowed the decline, but retains a downward trend.
EUR CHF (current price: 1.1550)
- Support levels: 1.1500, 1.1450, 1.1360 (the minimum of the current year).
- Resistance levels: 1.1550, 1.1600, 1.1650 (June maximum).
- Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is from 1.1530, 1.1570, 1.1600.
- Alternative recommendation: buy entry is from 1.1470, 1.1450, 1.1430.
The euro franc pair broke the downtrend, but is limited to 1.1550.