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: 1.1740)
- 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 – 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 is below the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is from 1.1770, 1.1790, 1.1820.
- Alternative recommendation: buy entry is from 1.1720, 1.1700, 1.1660.
The euro-dollar pair has moved to the correction phase, thereby indicating a slowdown in the uptrend.
GBP USD (current price: 1.3230)
- 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 – 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 1.3270, 1.3320, 1.3250.
- Alternative recommendation: buy entry is from 1.3200, 1.3170, 1.3140.
The British pound remains under pressure of political risks in the UK, while continuing to maintain an upward movement.
USD CHF (current price: 0.9930)
- Support levels: 0.9850 (local minimum), 0.9700 (June low), 0.9730.
- Resistance levels: 0.9950, 1.000 (significant psychology), 1.0050 (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 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 0.9900, 0.9930, 0.9950.
- Alternative recommendation: buy entry is from 0.9800, 0.9850, 0.9830.
The US dollar Swiss franc is traded with a decrease in risk reduction and technical correction of the American dollar.
USD JPY (current price: 111.10)
- 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): 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 111.20, 111.40 111.60.
- Alternative recommendation: buy entry is from 111.00, 110.80, 110.50.
The USD / JPY pair is trading with a strengthening on risk reduction, thereby practicing a “double bottom”.
USD CAD (current price: 1.3130)
- 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 – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the zone of easy overselling. 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 1.3150, 1.3170, 1.3200.
- Alternative recommendation: buy entry is from 1.3100, 1.3070, 1.3050.
The US dollar the Canadian dollar slowed down on the recovery of the American dollar, thus pointing to the safety of the three-month uptrend.
AUD USD (current price: 0.7450)
- Support levels: 0.7400, 0.7320, 0.7250.
- Resistance levels: 0.7500, 0.7550, 0.7600.
- Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line is higher than 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 0.7480, 0.7500, 0.7530.
- Alternative recommendation: buy entry is from 0.7420, 0.7400, 0.7370.
The Australian dollar trades at the level of the opening day, limited to a general downward trend and a bearish divergence.
NZD USD (current price: 0.6840)
- Support levels: 0.6780, 0.6700 (significant psychology), 0.6650.
- Resistance levels: 0.6880, 0.6920, 0.6970.
- 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 0.6860, 0.6880, 0.6900.
- Alternative recommendation: buy entry is from 0.6820, 0.6780, 0.6750.
The New Zealand dollar is trading at the opening level of the day, remaining under pressure to correct the dollar.
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 – 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 is below 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 1255.00, 1251.00, 1248.00.
Gold accelerated the decline in the correction and strengthening of the American dollar.