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: 0.8930)

• 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 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 0.8940, 0.8960, 0.8980.
• Alternative recommendation: buy entry is  from 0.8920, 0.8900, 0.8880.

A pair of euro pound remains in an uptrend, limited to overbought.

EUR JPY (current price: 128.90)

• Support levels: 129.00, 128.00, 127.00.
• Resistance levels: 130.50, 131.50.132.30 (the maximum of March).
• 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) (flat signal): the Tenkan-sen line near the Kijun-sen line, the price is near the cloud.
• The main recommendation: sale entry is from 129.00, 129.30, 129.80.
• Alternative recommendation: buy entry is  from 128.50, 128.00, 127.80

The euro remains under pressure, but forms a turn from the lower border of the trade channel.

GBP JPY (current price: 144.30)

• Support levels: 144.30, 143.50, 142.80.
• Resistance levels: 145.50, 146.50, 147.50.
• 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 144.70, 145.10, 145.50.
• Alternative recommendation: buy entry is  from 144.00, 143.80, 143.50.

The pound – yen remains under pressure, limited to the oversold and lower border of the trading channel.

EUR CHF (current price: 1.1520)

• 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): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought zone. Ichimoku Kinko Hyo (9, 26, 52) (flat signal): the Tenkan-sen line above the Kijun-sen line, the price is in the cloud.
• The main recommendation: sale entry is from 1.1530, 1.1550, 1.1570.
• Alternative recommendation: buy entry is  from 1.1500, 1.1480, 1.1450.

The euro-franc pair has moved to correction, limiting itself to a downward trend.