Тechnical analysis of currency pairs (Anton Hanzenko)
Forex indicators used in Technical analysis: MACD, RSI, Ichimoku Kinko Hyo, Equal-channel, Fibonacci lines, Price Levels.
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EUR USD (current price: 1.1690)
- Support levels: 1.1450, 1.1350, 1.1200.
- Resistance levels: 1.1550, 1.1650, 1.1740.
- 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 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 1.1700, 1.172, 1.1740.
- Alternative recommendation: buy entry is from 1.1650, 1.1620, 1.1600.
The euro is trading near the monthly highs on the weakness of the US dollar, while limiting itself to overbought.
GBP USD (current price: 1.2890)
- Support levels: 1.2780, 1.2600 (June 2017 low), 1.2370 (low of April 2017).
- Resistance levels: 1.2900, 1.3050, 1.3150.
- 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) 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 1.2900, 1.2920, 1.2940.
- Alternative recommendation: buy entry is from 1.2870, 1.2850, 1.2820.
The British pound also received support, but is limited to the level of 1.2900.
USD CHF (current price: 0.9790)
- Support levels: 0.9850 (local minimum), 0.9780, 0.9700 (June low).
- Resistance levels: 0.9900, 1.000 (significant psychology), 1.0050 (May maximum).
- 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 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 0.9820, 0.9850, 0.9870.
- Alternative recommendation: buy entry is from 0.9780, 0.9750, 0.9720.
The Swiss franc accelerated the decline on the weakness of the dollar.
USD JPY (current price: 111.20)
- Support levels: 110.50, 109.80, 109.00.
- Resistance levels: 111.00, 112.00, 113.30 (maximum of January).
- 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 111.30, 111.50 111.80.
- Alternative recommendation: buy entry is from 111.00, 110.80, 110.50.
The USD/JPY is trading in flat, limited by an upward trend.
USD CAD (current price: 1.2960)
- Support levels: 1.3050 (May high), 1.2950, 1.2850.
- Resistance levels: 1.3150, 1.3250, 1.3380.
- 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 1.2990, 1.3020, 1.3050.
- Alternative recommendation: buy entry is from 1.2950, 1.2920, 1.2900.
The USD/CAD pair is also limited by the oversold and 1.2950 level.
AUD USD (current price: 0.7340)
- Support levels: 0.7250, 0.7200, 0.7100.
- Resistance levels: 0.7300, 0.7400, 0.7500.
- 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 0.7360, 0.7380, 0.7400.
- Alternative recommendation: buy entry is from 0.7320, 0.7300, 0.7280.
The Australian dollar trades in different directions, forming a lateral triangle.
NZD USD (current price: 0.6690)
- Support levels: 0.6600, 0.6550, 0.6500.
- Resistance levels: 0.6650, 0.6700, 0.6800.
- 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 0.6700, 0.6720, 0.6750.
- Alternative recommendation: buy entry is from 0.6670, 0.6650, 0.6630.
The New Zealand dollar is limited to the level of 0.6700, thus indicating the formation of a “double top”.
XAU USD (current price: 1211.00)
- Support levels: 1180.00, 1170.00, 1155.00.
- Resistance levels: 1200.00, 1220.00, 1240.00.
- Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is higher than 0, the signal line 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 1215.00, 1220.00, 1225.00.
- Alternative recommendation: buy entry is from 1205.00, 1200.00, 1195.00.
Gold remains in an upward trend limited to overbought.