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: 0.8830)

• Support levels: 0.8790, 0.8730 (minimum of the last months), 0.8700 (strong psychology).
• Resistance levels: 0.8900, 0.8960 (March maximum), 0.9000 (strong psychology).
• Computer analysis: MACD (12, 26, 9) (signal – upward 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 0.8850, 0.8870, 0.8900.
• Alternative recommendation: buy entry is from 0.8820, 0.8800, 0.8780.

A pair of euro pound left the uptrend, forming a flat and  questioning on further growth.

EUR JPY (current price: 131.40)

• Support levels: 130.00 (June maximum), 128.00, 126.80.
• Resistance levels: 131.00, 131.50.132.30 (the maximum of March)
• 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 131.50, 131.80, 132.00.
• Alternative recommendation: buy entry is from 131.00, 130.80, 130.50.

Euro yen keeps growing, despite the growth of risks.

GBP JPY (current price: 148.80)

• Support levels: 147.00, 145.50, 144.30.
• Resistance levels: 148.00 (psychological level), 149.00, 150.00
• 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:  sale entry is from 149.00, 149.50, 149.80.
• Alternative recommendation: buy entry is  from 148.40, 148.00, 147.80.

The pair pound  yen is also traded with the strengthening, despite the growth of risks.

EUR CHF (current price: 1.1700)

• Support levels: 1.1650, 1.1600, 1.1550.
• Resistance levels: 1.1700, 1.1750, 1.1800.
• 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 1.1720, 1.1750, 1.1780.
• Alternative recommendation: buy entry is from 1.1680, 1.1650, 1.1620.

A pair of euro franc in the growth phase, despite the bearish divergence.