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: 0.8570)

• 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 0.8580, 0.8600, 0.8630.
• Alternative recommendation: buy entry is from 0.8550, 0.8530, 0.8500.

The euro pound remains under the pressure of a downtrend.

EUR JPY (current price: 119.90)

• 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 has come 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 120.50, 121.00, 121.50.
• Alternative recommendation: buy entry is from 119.70, 119.50, 119.00

The euro yen maintains the side channel, returning to decline.

GBP JPY (current price: 139.90)

• Support levels: 135.50, 131.50, 128.00.
• Resistance levels: 144.00, 149.00, 154.00.
• 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 below the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 140.30, 140.50, 140.80.
• Alternative recommendation: buy entry is from 139.80, 139.50, 139.20.

The pair pound yen maintains a restrained downward trend, despite attempts of growth.

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 oversold 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 1.0930, 1. 0950, 1. 0980.
• Alternative recommendation: buy entry is from 1.0880, 1.0850, 1.0830.

The euro franc has accelerated the decline on risks.