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: 0.8850, 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 – 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) (flat signal): the Tenkan-sen line near the Kijun-sen line, the price is in the cloud.

• The main recommendation: sale entry is from 0.8920, 0.8940, 0.8960.
• Alternative recommendation: buy entry is from 0.8890, 0.8860, 0.8840.

The euro pound remains in an uptrend, despite the mixed direction.

EUR JPY (current price: 129.40)

• 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 – 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 129.70, 130.00, 130.30.
• Alternative recommendation: buy entry is from 129.00, 128.80, 128.50

The euro remains under pressure, limited by the lower boundary of the upward channel.

GBP JPY (current price: 146.00)

• Support levels: 145.50, 144.30, 143.50.
• Resistance levels: 147.50, 148.00 (psychological level), 149.00.
• 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 145.50, 145.80, 146.20.
• Alternative recommendation: buy entry is from 145.00, 144.70, 144.50.

The pound-yen pair also shows a decline, limited to the level of 145.00.

EUR CHF (current price: 1.1560)

• Support levels: 1.1550, 1.1500, 1.1470.
• Resistance levels: 1.1600, 1.1650, 1.1700.
• 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 oversold 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 1.1550, 1.1570, 1.1590.
• Alternative recommendation: buy entry is from 1.1510, 1.1490, 1.1470.

The euro-franc pair is trading with a decline on the resumption of a downtrend.