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: 0.8950)

• 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): indicator above 0, signal line in the histogram body. RSI (14) in the overbought zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen, the price is above the cloud.

• The main recommendation: sale entry is from 0.8970, 0.9000, 0.9030.
• Alternative recommendation: buy entry is from 0.8920, 0.8900, 0.8880.

The euro pound continues to move in the upward channel on the risks, limiting itself to overbought.

EUR JPY (current price: 117.70)

• Support levels: 123.00, 120.00, 115.50.
• Resistance levels: 128.00, 131.00, 133.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): indicator is above 0, the signal line has left the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): Tenkan-sen line is above Kijun-sen, the price is above the cloud.
• The main recommendation: sale entry is from 118.00, 118.30, 118.50.
• Alternative recommendation: buy entry is from 117.50, 117.20, 117.00

The euro yen accelerated growth on optimism and correction after the decline, forming an upward channel.

GBP JPY (current price: 131.50)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): indicator is above 0, the signal line has left the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line near the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 131.80, 132.00, 132.50.
• Alternative recommendation: buy entry is from 131.30, 131.00, 130.50.

The pair pound yen retains the potential to decline on risks, limiting itself to attempts of correction and support of 131.50.

EUR CHF (current price: 1.0900)

• Support levels: 1.1170, 1.1100, 1.1050.
• Resistance levels: 1.1350, 1.1430, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): indicator below 0, signal line in the histogram body. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): Tenkan-sen line near the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 1.0930, 1.0950, 1.0980.
• Alternative recommendation: buy entry is from 1.0880, 1.0850, 1.0820.

The euro franc remains under the pressure, limited by an uptrend.