Technical analysis of cross-rates. (Anton Hanzenko)

Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.

Earn with the help of the trade service on the news Erste News!

---

EUR GBP (current price: 0.8970)

• 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 – 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 0.8980, 0.9000, 0.9020.
• Alternative recommendation: buy entry is from 0.8960, 0.8940, 0.8900.

A pair of euro pound continue to trade in an upward channel, limited to market restraint.

EUR JPY (current price: 126.60)

• Support levels: 126.00, 125.00, 124.00.
• Resistance levels: 127.50, 129.50, 130.50.
• 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) (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 127.00, 127.20, 127.50.
• Alternative recommendation: buy entry is from 126.40, 126.00, 125.80

The Euro yen went into the correction phase of the downtrend.

GBP JPY (current price: 141.20)

• Support levels: 141.50, 140.50, 139.20.
• Resistance levels: 143.00, 144.50, 145.50.
• Computer analysis: MACD (12, 26, 9) (signal-flat): indicator near 0. RSI (14) in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – upward movement): the line Tenkan-sen near the line Kijun-sen, the price is in the cloud.
• The main recommendation:  sale entry is  from 141.50, 141.80, 142.00.
• Alternative recommendation: buy entry is  from 141.00, 140.70, 140.50.

The pound the yen remains in a sideways trend, limited to a range from 140.50 to 141.50.

EUR CHF (current price: 1.1370)

• Support levels: 1.1320, 1.1270, 1.1200.
• Resistance levels: 1.1400, 1.1450, 1.1500.
• Computer analysis: MACD (12, 26, 9) (signal-flat): indicator near 0. RSI (14) in the overbought 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 1.1400, 1.1420, 1.1450.
• Alternative recommendation: buy entry is from 1.1350, 1.1320, 1.1300.

The euro-franc pair continues to trade with the strengthening, limiting itself to the boundaries of the downward channel.