Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.8940)
- 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-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 0.8960,0.8980, 0.9000.
- Alternative recommendation: buy entry is started from 0.8920, 0.8900, 0.8870.
The euro pound pair accelerated the growth on support for the EUR/USD pair, but the pair remains in a significant overbought.
EUR JPY (current price: 131.20)
- 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 above 0, the signal line has left 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 higher than the cloud.
- The main recommendation: sale entry is started from 131.60, 131.90, 132.30.
- Alternative recommendation: buy entry is started from 130.80, 130.40, 130.20.
The euro yen remains in the correction phase, while limiting itself to possible risks.
GBP JPY (current price: 146.70)
- 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 neutral zone. IchimokuKinkoHyo (9,26,52) (signal – downward movement): 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 147.10, 147.50, 148.00.
- Alternative recommendation: buy entry is started from 146.20, 146.00, 145.70.
The pound yen rebounded from the trend line, keeping the potential to decline.
EUR CHF (current price: 1.1650)
- 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 neutral zone. IchimokuKinkoHyo (9,26,52) (signal- upward movement): the Tenkan-sen line is above the Kijun-sen line, is above the cloud.
- The main recommendation: sale entry is started from 1.1670, 1.1700, 1.1730.
- Alternative recommendation: buy entry is started from 1.1630, 1.1600, 1.1580.
The pair continues to grow, while remaining in overbought.