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: 0.8620)

• Support levels: 0.8900, 0.8850, 0.8750.
• Resistance levels: 0.9050, 0.9150, 0.9200.
• 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 is below the Kijun-sen line, the price is below the cloud.

• The main recommendation: sale entry is from 0.8640, 0.8660, 0.8690.
• Alternative recommendation: buy entry from 0.8610, 0.8580, 0.8560.

A pair of euro pound continues to trade lower, limited to a narrow flat.

EUR JPY (current price: 124.60)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• 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 124.80, 125.20, 125.50.
• Alternative recommendation: buy entry is from 124.20, 124.00, 123.70

The euro yen moved to growth on the correction, limited to the downward trend.

GBP JPY (current price: 144.50)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• 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 overbought zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above the Kijun-sen line, the price is above the cloud.
• The main recommendation: sale entry is from 144.60, 144.90, 145.20.
• Alternative recommendation: buy entry is from 144.20, 144.00, 143.70.

A pair of pound yen went to the correction, remaining under the pressure of the downward trend.

EUR CHF (current price: 1.1370)

• Support levels: 1.1270, 1.1200, 1.1150.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• 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 1.1380, 1.1400, 1.1420.
• Alternative recommendation: buy entry is from 1.1350, 1.1330, 1.1300.

A pair of euro franc is trading with strengthening, forming a reversal.