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: 0.8910)

• Support levels: 0.8750, 0.8700, 0.8650.
• Resistance levels: 0.8850, 0.8900, 0.9000.
• Computer analysis: MACD (12, 26, 9) (signal – flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line near Kijun-sen line, the price is in the cloud.

• The main recommendation: sale entry is from 0.8930, 0.8960, 0.8980.
• Alternative recommendation: buy entry is from 0.8900, 0.8880, 0.8850.

A pair of euro pound traded in a sideways trend, maintaining upward dynamic.

EUR JPY (current price: 128.30)

• 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 above 0, the signal line in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line above Kijun-sen line, the price is above the cloud.
• The main recommendation:  sale entry is from 128.50, 128.80, 129.00.
• Alternative recommendation: buy entry is from 128.20, 128.20, 127.80

Euro yen has returned to growth on reducing risks.

GBP JPY (current price: 143.80)

• Support levels: 147.00, 145.00, 143.00.
• Resistance levels: 149.00, 150.00, 151.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line came out of the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): Tenkan-sen line is below Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 144.30, 144.50, 144.80.
• Alternative recommendation: buy entry is from 143.30, 143.00, 142.80.

A pair of pound yen is trading in a downtrend, limited to attempts of correction.

EUR CHF (current price: 1.1290)

• Support levels: 1.1350, 1.1270, 1.1200.
• Resistance levels: 1.1450, 1.1500, 1.1550.
• 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): Tenkan-sen line near Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 1.1300, 1.1320, 1.1350.
• Alternative recommendation: buy entry is from 1.1270, 1.1250, 1.1230.

A pair of euro franc is trading in a restrained downtrend, limited to oversold.