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: 0.8900, 0.8850, 0.8800.
• Resistance levels: 0.9000 (strong psychology), 0.9070, 0.9150.
• 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 0.89500, 0.8980, 0.8900.
• Alternative recommendation: buy entry is from 0.8900, 0.8880, 0.8860.

The euro pound pair is limited by a downward trend, while maintaining an upward trend.

EUR JPY (current price: 125.40)

• Support levels: 126.00, 125.00, 124.00.
• Resistance levels: 127.50, 129.50, 130.50.
• 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 is below the Kijun-sen line, the price is below the cloud.
• The main recommendation: sale entry is from 126.00, 126.50, 127.00.
• Alternative recommendation: buy entry is from 125.00, 124.80, 124.50

The euro remains under pressure, limited to oversold.

GBP JPY (current price: 140.50)

• Support levels: 141.50, 140.50, 139.20.
• Resistance levels: 143.00, 144.50, 145.50.
• 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 is below the Kijun-sen line, the price is below the cloud.
• The main recommendation:  sale entry is from 141.20, 141.50, 141.80.
• Alternative recommendation: buy entry is from 140.50, 140.00, 139.70.

The pound – yen also remains under pressure to increase risks.

EUR CHF (current price: 1.1310)

• Support levels: 1.1360, 1.1320, 1.1270.
• Resistance levels: 1.1450, 1.1500, 1.1550.
• 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 zone of easy overselling. 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 1.1340, 1.1360, 1.1380.
• Alternative recommendation: buy entry is from 1.1300, 1.1270, 1.1250.

The euro-franc pair keeps a downward trend on the risks associated with the euro zone banks.