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: 0.8850)

• Support levels: 0.8790, 0.8730 (minimum of the last months), 0.8700 (strong psychology).
• Resistance levels: 0.8900, 0.8960 (March maximum), 0.9000 (strong psychology).
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.

• The main recommendation: sale entry is from 0.8870, 0.8900, 0.8920.
• Alternative recommendation: buy entry is from 0.8840, 0.8820, 0.8800.

A pair of euro pound is trading in an uptrend, in fact limited to flat.

EUR JPY (current price: 131.10)

• Support levels: 130.00 (June maximum), 128.00, 126.80.
• Resistance levels: 131.00, 131.50.132.30 (the maximum of March)
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is higher than 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is from 131.50, 131.80, 132.00.
• Alternative recommendation: buy entry is from 130.80, 130.40, 130.00.

The euro was under pressure on the weakness of the euro and the possibility of resuming risks.

GBP JPY (current price: 148.00)

• Support levels: 147.00, 145.50, 144.30.
• Resistance levels: 148.00 (psychological level), 149.00, 150.00
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is above 0, the signal line is higher than the body of the histogram. RSI (14) in the oversold zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the Tenkan-sen line is below the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is from 148.40, 148.80, 149.00.
• Alternative recommendation: buy entry is from 147.80, 147.50, 147.00.

The pound-yen pair also accelerated the decline in risk growth opportunities.

EUR CHF (current price: 1.1670)

• Support levels: 1.1550, 1.1500, 1.1450.
• Resistance levels: 1.1600, 1.1650 (June maximum), 1.1700.
• Computer analysis: MACD (12, 26, 9) (signal – downward motion): 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): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is from 1.1690, 1.1720, 1.1750.
• Alternative recommendation: buy entry is from 1.1650, 1.1630, 1.1600.

A pair of euro franc in the correction phase after the rapid growth yesterday.