Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8830)

• Support levels: 0.8790, 0.8730 (minimum of the last months), 0.8700.
• Resistance levels: 0.8850, 0.8900, 0.8960 (March high).
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought 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: entrance for sale from 0.8830, 0.8850, 0.8880.
• Alternative recommendation: buy-in from 0.8800, 0.8780, 0.8750.

The euro pound pair accelerated growth on the negative opening of the stock exchanges, which served as a driver for the overall strengthening of the euro.

EUR JPY (current price: 127.60)

• Support levels: 126.80, 125.00 (the minimum of May), 123.50.
• Resistance levels: 128.00, 129.00, 130.00 (strong psychological level).
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: entrance for sale from 127.80, 128.00, 128.30.
• Alternative recommendation: the entrance to the purchase from 127.30, 127.00, 126.80.

The euro is trading in different directions to maintain the downtrend.

GBP JPY (current price: 144.40)

• Support levels: 144.30, 143.50, 143.00 (the minimum of May).
• Resistance levels: 145.70, 146.50, 147.00 (psychological level).
• 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): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 144.80, 145.00, 145.30.
• Alternative recommendation: buy entry is from 144.00, 143.70, 143.50.

The pair of pound of the yen remains under pressure of risks and a downward trend.

EUR CHF (current price: 1.1530)

• 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-flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): the Tenkan-sen line near the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 1.1550, 1.1570, 1.1600.
• Alternative recommendation: buy entry is from 1.1520, 1.1500, 1.1480.

The pair of euro franc has returned to a downward trend, despite its slowdown.

Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.