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: 0.8940)

• Support levels: 0.8900, 0.8850, 0.8800.
• Resistance levels: 0.9000 (strong psychology), 0.9070, 0.9150.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line is pierced from 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 0.8950, 0.8970, 0.9000.
• Alternative recommendation: buy entry is from 0.8920, 0.8900, 0.8880.

The euro pound pair is trading at the opening day, limited to oversold.

EUR JPY (current price: 128.20)

• Support levels: 128.00, 126.00, 125.00.
• Resistance levels: 129.50, 130.50, 132.00.
• 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 128.50, 128.80, 129.20.
• Alternative recommendation: buy entry is from 128.00, 127.70, 127.40

The euro yen is trading in a downward triangle to preserve risks.

GBP JPY (current price: 143.50)

• Support levels: 141.50, 140.50, 139.20.
• Resistance levels: 143.00, 144.50, 145.50.
• 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 the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 144.00, 144.40, 145.00.
• Alternative recommendation: buy entry is from 143.00, 142.60, 142.30.

The pair of pound yen is trading in a downtrend, limited to the flat of the last days.

EUR CHF (current price: 1.1200)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1330, 1.1400, 1.1450.
• 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: sale entry is from 1.1200, 1.1220, 1.1250.
• Alternative recommendation: buy entry is from 1.1160, 1.1140, 1.1120.

The euro-franc pair is trading with a downgrade on risks, confining itself to divergence.