Technical analysis of cross-rates. (Anton Hanzenko)

EUR GBP (current price: 0.8900)

• 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 overbought 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 0.8920,0.8950, 0.8980.
• Alternative recommendation: buy entry is started from 0.8880, 0.8850, 0.8820.

A euro pound pair came from an established downward channel, thereby updating the maximum of February. At the same time, this cross is limited by overbought and forthcoming data on the euro area.

EUR JPY (current price: 129.70)

• Support levels: 130.20, 128.50, 126.80.
• Resistance levels: 133.00, 134.50, 136.80.
• 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 130.20, 130.80, 131.20.
• Alternative recommendation: buy entry is started from 129.30, 129.00, 128.80.

The euro yen accelerated the decline in flight from risks, which intensified fears for the euro area.

GBP JPY (current price: 145.60)

• Support levels: 146.00, 144.50, 143.50.
• Resistance levels: 148.00, 150.00, 151.50.
• 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. 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 146.00, 146.80, 147.50.
• Alternative recommendation: buy entry is started from 145.00, 144.80, 144.50.

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

EUR CHF (current price: 1.1510)

• 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- downward movement): the indicator is above 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 1.1520, 1.1540, 1.1560.
• Alternative recommendation: buy entry is started from 1.1500, 1.1480, 1.1450.

The euro franc pair fell significantly on the correction of positions ahead of data on the euro zone and flight from risks, returning to a downtrend.