Тechnical analysis of currency pairs (Anton Hanzenko)

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

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EUR USD (current price: 1.1770)

• Support levels: 1.1600 (significant psychology), 1.1500 (local minimum), 1.1450.
• Resistance levels: 1.1750, 1.1850 (June maximum), 1.2000 (May 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 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 1.1780, 1.1800, 1.1830.
• Alternative recommendation: buy entry is from 1.1750, 1.1730, 1.1700.

The euro-dollar pair maintains an upward movement, but is limited to overbought.

GBP USD (current price: 1.3310)

• Support levels: 1.3200 (the minimum of May), 1.3050, 1.3000 (strong psychology).
• Resistance levels: 1.3350 (June maximum), 1.3460, 1.3600 (May 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 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 1.3250, 1.3270, 1.3290.
• Alternative recommendation: buy entry is from 1.3250, 1.3200, 1.3160.

The British pound also strengthened on risk reduction in the UK and the weakness of the dollar, but is limited to overbought.

USD CHF (current price: 0.9870)

• Support levels: 0.9850 (local minimum), 0.9700 (June low), 0.9730.
• Resistance levels: 0.9900, 1.000 (significant psychology), 1.0050 (May maximum).
• 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 oversold 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 0.9900, 0.9930, 0.9950.
• Alternative recommendation: buy entry is from 0.9800, 0.9850, 0.9830.

The US dollar Swiss franc is trading lower on the decline of the American dollar.

USD JPY (current price: 110.40)

• Support levels: 109.80, 109.00 (the minimum of May), 108.00.
• Resistance levels: 111.00, 110.40 (May maximum), 112.00.
• 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) (flat signal): the Tenkan-sen line below the Kijun-sen line, the price is in the cloud.
• The main recommendation:  sale entry is from 110.80, 111.00 111.20.
• Alternative recommendation: buy entry is from 110.30, 110.00, 109.80.

The US dollar is trading at the level of the day’s opening, after the representative of the Central Bank of Japan confirmed the safety of soft monetary policy in Japan.

USD CAD (current price: 1.3120)

• Support levels: 1.3050 (May maximum), 1.2950, ​​1.2860.
• Resistance levels: 1.3150, 1.3250, 1.3380.
• 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 oversold 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 1.3090, 1.3130, 1.3150.
• Alternative recommendation: buy entry is from 1.3050, 1.3030, 1.3000.

The pair US dollar  Canadian dollar keeps a downward trend in anticipation of a tightening of the monetary policy of the Bank of Canada.

AUD USD (current price: 0.7460)

• Support levels: 0.7450, 0.7320, 0.7250.
• Resistance levels: 0.7500, 0.7550, 0.7600.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is higher than 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 0.7480, 0.7500, 0.7530.
• Alternative recommendation: buy entry is from 0.7450, 0.7420, 0.7370.

The Australian dollar accelerated growth on the relative lack of reaction on new tariffs between the US and China.

NZD USD (current price: 0.6840)

• Support levels: 0.6780, 0.6700 (significant psychology), 0.6650.
• Resistance levels: 0.6820, 0.6880, 0.6920.
• 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 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 0.6860, 0.6880, 0.6900.
• Alternative recommendation: buy entry is from 0.6820, 0.6780, 0.6750.

The New Zealand dollar also trades with a strengthening on risk mitigation.

XAU USD (current price: 1260.00)

• Support levels: 1242.00, 1235.00 (minimum of December 2017), 1220.00.
• Resistance levels: 1265.00, 1275.00 (local maximum), 1285.00.
• 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 1263.00, 1265.00, 1268.00.
• Alternative recommendation: buy entry is from 1256.00, 1253.00, 1250.00.

Gold accelerated growth on the weakness of the dollar, thereby confirming the slowdown in the downtrend.