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: 0.9230)

• Support levels: 0.8900, 0.8850, 0.8750.
• Resistance levels: 0.9050, 0.9150, 0.9200.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out from 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 Kijun-sen, the price is below the cloud.

• The main recommendation: sale entry is from 0.9250, 0.9280, 0.9300.
• Alternative recommendation: buy entry is from 0.9200, 0.9180, 0.9150.

The euro pound is trading lower on the weakness of the euro, which slows the overall uptrend.

EUR JPY (current price: 118.30)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out from 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, the price below the cloud.
• The main recommendation: sale entry is from 118.50, 118.80, 119.20.
• Alternative recommendation: buy entry is from 118.00, 117.80, 117.50

The euro yen remains under the pressure of correction after the decline, maintaining a downtrend.

GBP JPY (current price: 128.20)

• 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 below 0, the signal line came out from the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – flat): Tenkan-sen line near the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 128.50, 129.00, 129.50.
• Alternative recommendation: buy entry is from 128.00, 127.50, 127.00.

The pair pound yen is trading with strengthening on the correction, limited by the downward trend.

EUR CHF (current price: 1.0850)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line came out from 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 1.0880, 1.0900, 1.0930.
• Alternative recommendation: buy entry is from 1.0850, 1.0830, 1.0800.

The euro franc remains under the pressure, receiving support to reduce risks.