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: 0.8920)

• Support levels: 0.8850, 0.8790, 0.8730 (minimum of the last months).
• Resistance levels: 0.8900, 0.8960 (March maximum), 0.9000 (strong psychology).
• 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 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 0.8930, 0.8950, 0.8970.
• Alternative recommendation:buy entry is from 0.8900, 0.8870, 0.8850.

The euro pound pair is trading with a decrease on correction after growth.

EUR JPY (current price: 130.00)

• Support levels: 130.00 (June maximum), 129.00, 128.00.
• 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 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 130.40, 130.80, 131.20.
• Alternative recommendation: buy entry is from 129.60, 129.30, 129.00.

The euro yen pair accelerated the decline, thereby breaking the monthly trend.

GBP JPY (current price: 145.80)

• 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 below 0, the signal line in 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 146.30, 146.60, 147.00.
• Alternative recommendation: buy entry is from 145.50, 145.30, 145.00.

The pound  yen pair  is limited by downward dynamics, but also by divergence. As a result, the pair remains uncertain.

EUR CHF (current price: 1.1610)

• 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 1.1630, 1.1650, 1.1680.
• Alternative recommendation: buy entry is from 1.1600, 1.1580, 1.1560.

The euro-franc pair has slowed the uptrend, but is limited by uncertainty.