Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8820)

• Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
• Resistance levels: 0.9020, 0.9170, 0.9300 (the maximum of the current year).
• 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) is 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 started from 0.88370, 0.8850, 0.8870 (MA 200).
• Alternative recommendation: buy entry is started from 0.8850, 0.8830, 0.8800.

The euro pound pair remains under pressure amid the general weakness of the single currency, which confirms the continued downward trend in this cross, which is limited by oversold.

EUR JPY (current price: 134.70)

• Support levels: 131.40 (minimum of the last months), 130.50, 129.80 (Fib. 23.6 from the low of the current year).
• Resistance levels: 133.30, 134.40 (the maximum of the current year), 135.00.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is 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: salee entry is started from 135.00, 135.40, 135.70.
• Alternative recommendation: buy entry is started from 134.40, 134.20, 134.00.

The euro yen also accelerated the decline based on the euro’s weakness and positive news from the Bank of Japan, but the pair’s decline is limited by an uptrend.

GBP JPY (current price: 152.60)

• Support levels: 147.00 (minimum of last months), 144.20 (Fibo, 50.0 from the low of April), 141.50.
• Resistance levels: 151.30, 152.80 (the maximum of the current year), 155.40.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is in the neutral zone. Ichimoku Kinko Hyo (9, 26, 52) (signal – downward movement): the line Tenkan-sen is near the line Kijun-sen, the price is below the cloud.
• The main recommendation: sale entry is started from 153.00, 153.30, 153.60.
• Alternative recommendation: buy entry is started from 152.50, 152.20, 151.80.

The pound yen also fell markedly due to the general strengthening of the yen, but further decline in the pair is limited by an upward trend.

EUR CHF (current price: 1.1710)

• Support levels: 1.1500, 1.1450 (Fibo, 23.6 from the low of the current year), 1.1350.
• Resistance levels: 1.1700 (the maximum of the current year), 1.1750, 1.1800.
• Computer analysis: MACD (12, 26, 9) (signal – downward movement): the indicator is below 0, the signal line is in the body of the histogram. RSI (14) is 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 started from 1.1730, 1.1750, 1.1780.
• Alternative recommendation: buy entry is started from 1.1700, 1.1680, 1.1660.

The euro franc was under pressure on the background of sales of the single currency, but the upward trend for this pair was preserved, despite the weakness of the euro.