Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8870)

• Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
• Resistance levels: 0.8810, 0.8900, 0.9050 (November 2016 maximum).
• Computer analysis: MACD (12, 26, 9) (signal- downward movement): the indicator is above 0, the signal line has left the histogram bar. RSI (14) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (signal- downward movement, flat): the Tenkan-sen line is below the Kijun-sen line, the price is higher than the cloud.

• The main recommendation: sale entry is started from 0.8900,0.8920, 0.8950.
• Alternative recommendation: buy entry is started from 0.8850, 0.8830, 0.8800.

The euro pound is still traded in flat after rising at a significant resistance level of 0.8900, which corresponds to the upper border of the rising channel, which may indicate a resumption of the downtrend.

EUR JPY (current price: 134.70)

• Support levels: 134.40 (September 2017 maximum) 131.40, 127.40.
• Resistance levels: 136.80 (October 2015 maximum), 139.00 (August 2015 maximum), 140.90.
• 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. IchimokuKinkoHyo (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 135.20, 135.50, 135.80.
• Alternative recommendation: buy entry is started from 134.40, 134.00, 133.70.

The euro yen is under pressure amid negative expectations and risks, but the pair is limited to significant support at 134.40-00.

GBP JPY (current price: 151.80)

• Support levels: 152.80 (September 2017 maximum), 150.00, 147.00.
• Levels of resistance: 155.40, 158.00, 160.30.
• 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. IchimokuKinkoHyo (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 151.50, 151.20, 151.20.
• Alternative recommendation: buy entry is started from 152.20, 152.80, 153.30.

The pound yen pair is also traded lower due to the fears, but the pair’s dynamics is limited by an uptrend.

EUR CHF (current price: 1.1580)

• Support levels: 1.1550 (November 2017 minimum), 1.1500, 1450.
• Resistance levels: 1.1700 (the maximum of the current year), 1.1750, 1.1800.
• Computer analysis: MACD (12, 26, 9) (signal-flat): the indicator is near 0. RSI (14) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (signal – upward movement): the Tenkan-sen line is above the Kijun-sen line, the price is higher than the cloud.
• The main recommendation: sale entry is started from 1.1610, 1.1630, 1.1650.
• Alternative recommendation: buy entry is started from 1.1560, 1.1540, 1.1500.

The euro franc pair maintains a sideways trend, limiting itself to significant support at 1.1550.