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: 0.8780)

• Support levels: 0.8800, 0.8750, 0.8700.
• Resistance levels: 0.8900 (strong psychology), 0.9000, 0.9050.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is above 0, the signal line is out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.

• The main recommendation:  sale entry is from 0.8800, 0.8830, 0.8850.
• Alternative recommendation: buy entry is from 0.8770, 0.8750, 0.8720.

The euro pound pair retains the downward trend, limited to the risks of Brexit and resistance 0.8800.

EUR JPY (current price: 128.60)

• Support levels: 129.00, 128.00, 126.00.
• Resistance levels: 131.00, 132.50, 133.50.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation:   sale entry is from 129.00, 129.50, 129.80.
• Alternative recommendation: buy entry is from 128.30, 128.00, 127.70

Euro yen remains in a downtrend.

GBP JPY (current price: 146.50)

• Support levels: 145.00, 143.10, 141.50.
• Resistance levels: 146.00, 147.00, 149.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation:  sale enty is from 147.00, 147.30, 147.70.
• Alternative recommendation: buy entry is from 146.00, 145.50, 145.00.

A pair of pound yen moved to the correction after the decline, but is limited to the downward trend.

EUR CHF (current price: 1.1400)

• 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 came out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line is below Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 1.1430, 1.1450, 1.1480.
• Alternative recommendation: buy entry is from 1.1400, 1.1380, 1.1350.

A pair of euro franc accelerated the decline in the resumption of risks, remaining traded in a general upward channel.