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- upward mvoement): the Tenkan-sen line is lower than the Kijun-sen, the price is higher than the cloud.

• The main recommendation: sale entry is started from 0.8870,0.8900, 0.8930.
• Alternative recommendation: buy entry is started from 0.8840, 0.8820, 0.8800.

A euro pound pair left the downtrend on breaking through the trend line and development of the double bottom, but at the same time it is limited to the level of 0.8870, from which correction is possible.

EUR JPY (current price: 130.10)

• Support levels: 131.40, 130.20, 128.50.
• Resistance levels: 134.50, 136.80, 139.00.
• 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 oversold 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 130.50, 130.80, 131.20.
• Alternative recommendation: buy entry is started from 130.00, 129.70, 129.50.

The euro yen is under pressure on flight from risks and negative sentiments in the euro area.

GBP JPY (current price: 146.70)

• Support levels: 148.00, 147.00, 146.00.
• Levels of resistance: 151.50, 153.90, 155.40.
• 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 oversold 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 147.20, 147.60, 148.00.
• Alternative recommendation: buy entry is started from 146.50, 146.20, 146.00.

The pound yen pair also accelerated the decline on the flight from risks, but is limited to oversold.

EUR CHF (current price: 1.1520)

• Support levels: 1.1500, 1.1450, 1.1400.
• Resistance levels: 1.1600, 1.1700 (the maximum of the current year), 1.1800.
• Computer analysis: MACD (12, 26, 9) (signal-upward movement): the indicator is above 0, the signal line is in the body of the histogram. 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 1.1530, 1.1550, 1.1580.
• Alternative recommendation: buy entry is started from 1.1500, 1.1480, 1.1450.

The euro strengthened at the beginning of the day on the correction of the euro, but remains limited to lateral trend and possible risks.