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: 0.8970)

• 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-flat): indicator near 0.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 0.8980, 0.9000, 0.9020.
• Alternative recommendation: buy entry is from 0.8960, 0.8940, 0.8900.

The euro pound pair continues to trade in the upward channel, limiting itself to market restraint and the formation of a flat.

EUR JPY (current price: 127.60)

• 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 127.90, 128.20, 128.50.
• Alternative recommendation: buy entry is from 127.40, 127.00, 126.80

Euro yen is traded with the strengthening, limited to overbought and the upper boundary of the channel.

GBP JPY (current price: 142.20)

• Support levels: 141.50, 140.50, 139.20.
• Resistance levels: 143.00, 144.50, 145.50.
• 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 line Tenkan-sen near the line Kijun-sen, the price is in the cloud.
• The main recommendation:  sale entry is from 142.50, 142.80, 143.00.
• Alternative recommendation: buy entry is  from 141.90, 141.70, 141.50.

A pair of pound yen went to correction on the formation of a reversal.

EUR CHF (current price: 1.1380)

• Support levels: 1.1320, 1.1270, 1.1200.
• Levels of resistance: 1.1400, 1.1450, 1.1500.
• 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 Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: entry for sale from 1.1400, 1.1420, 1.1450.
• Alternative recommendation: buy entry 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.