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: 0.8900)

• 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 – 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 0.8920, 0.8940, 0.8960.
• Alternative recommendation:buy entry is from 0.8890, 0.8870, 0.8850.

The euro pound pair is trading restrained, maintaining an upward trend.

EUR JPY (current price: 131.10)

• Support levels: 131.00, 130.00 (June maximum), 128.00,126.80.
• Resistance levels: 131.50.132.30 (the maximum of March), 133.00
• 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 oversold zone. Ichimoku Kinko
• Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line below the Kijun-sen line, lower into the clouds.
• The main recommendation: sale entry is from 131.50, 131.80, 132.00.
• Alternative recommendation: buy entry is from 131.00, 130.80, 130.60.

The euro yen moved to correction after continued growth.

GBP JPY (current price: 147.20)

• 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 – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation:sale entry is from  147.60, 148.00, 148.30.
• Alternative recommendation: buy entry is from 147.00, 146.70, 146.50.

The pound yen pair is limited to oversold, but remains in a downtrend.

EUR CHF (current price: 1.1620)

• Support levels: 1.1650, 1.1600, 1.1550.
• Resistance levels: 1.1700, 1.1750, 1.1800.
• Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line has left the body of the histogram. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the Tenkan-sen line is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from  1.1650, 1.1670, 1.1700.
• Alternative recommendation: buy entry is from1.1600, 1.1580, 1.1560.

The euro franc pair is under pressure of correction, but it keeps upward dynamics.