Тechnical analysis of currency pairs (Anton Hanzenko)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
EUR USD (current price: 1.1630)
- Support levels: 1.1500 (local minimum), 1.1450, 1.1380.
- Resistance levels: 1.1690, 1.1750, 1.1850 (June maximum).
- 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 1.1650, 1.1690, 1.1720.
- Alternative recommendation: buy entry is from 1.1600, 1.1580, 1.1560.
The euro-dollar pair has slowed down the decline on the growth of risks in Germany, but at the same time retains the potential for a decrease in uncertainty.
GBP USD (current price: 1.3130)
- Support levels: 1.3050, 1.3000 (strong psychology), 1.2900.
- Resistance levels: 1.3200, 1.3350 (June maximum), 1.3460.
- 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 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 1.3160, 1.3200, 1.3230.
- Alternative recommendation: buy entry is from 1.3100, 1.3070, 1.3050.
The British pound remains under the pressure of a downtrend.
USD CHF (current price: 0.9940)
- Support levels: 0.9900, 0.9850 (local minimum), 0.9700 (the minimum of June).
- Resistance levels: 1.000 (significant psychology), 1.0050 (May maximum), 1.0150.
- Computer analysis: MACD (12, 26, 9) (signal – downward motion): the indicator is above 0, the 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 higher than the cloud.
- The main recommendation: sale entry is from 0.9960, 0.9980, 1.0000.
- Alternative recommendation: buy entry is from 0.9930, 0.9900, 0.9880.
The Swiss franc is traded with a slight strengthening, limited to a two-month downtrend.
USD JPY (current price: 110.90)
- Support levels: 109.80, 109.00 (the minimum of May), 108.00.
- Resistance levels: 111.00, 110.40 (May maximum), 112.00.
- 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 111.20, 111.40 111.80.
- Alternative recommendation: buy entry is from 110.70, 110.50, 110.20.
The US dollar the Japanese yen is trading in an uptrend, but is also limited by the 111.00 level and growing risks.
USD CAD (current price: 1.3190)
- Support levels: 1.3150, 1.3050 (May high), 1.2950.
- Resistance levels: 1.3250, 1.3380, 1.3450 (June maximum).
- 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 1.3230, 1.3250, 1.3280.
- Alternative recommendation: buy entry is from 1.3150, 1.3120, 1.3100.
The US dollar the Canadian dollar went into a correction phase on the formation of a flat, but keeps a downward trend.
AUD USD (current price: 0.7380)
- Support levels: 0.7350, 0.7250, 0.7200.
- Resistance levels: 0.7400, 0.7450, 0.7500.
- Computer analysis: MACD (12, 26, 9) (signal – upward movement): the indicator is below 0, the signal line in 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 0.7360, 0.7380, 0.7400.
- Alternative recommendation: buy entry is from 0.7330, 0.7320, 0.7300.
The Australian dollar demonstrates minor growth attempts on correction, but is limited to a downward movement.
NZD USD (current price: 0.6700)
- Support levels: 0.6700 (significant psychology), 0.6650, 0.6600.
- Resistance levels: 0.670, 0.6820, 0.6880.
- 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: entry for sale from 0.6740, 0.6760, 0.6780.
- Alternative recommendation: buy-in from 0.6680, 0.6660, 0.6630.
The New Zealand dollar is trading lower, limiting itself to oversold and the lower boundary of the upward channel
XAU USD (current price: 1239.00)
- Support levels: 1242.00, 1235.00 (minimum of December 2017), 1220.00.
- Resistance levels: 1250.00 (local maximum), 1265.00, 1275.00.
- 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 1242.00, 1245.00, 1250.00.
- Alternative recommendation: buy entry is from 1236.00, 1233.00, 1230.00.
Gold remains under pressure, limited to oversold.
Read also:
“Triangle Model – Trade Strategy”
“Chicago Board Options Exchange (abbreviated CBOE)”,
“Averaging strategy in the Forex market”.