Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.8880)
- Support levels: 0.8730 (minimum of the last months), 0.8650, 0.8530.
- Resistance levels: 0.8810, 0.8900, 0.9050 (November 2016 high).
- 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) 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 0.8890,0.8910, 0.8930.
- Alternative recommendation: buy entry is started from 0.8840, 0.8820, 0.8800.
The euro pound pair is traded near significant support, remaining under pressure of correction, thereby keeping the potential for decline.
EUR JPY (current price: 131.80)
- Support levels: 130.20, 128.50, 126.80.
- Resistance levels: 133.00, 134.50, 136.80.
- Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought zone. IchimokuKinkoHyo (9,26,52) (signal – upward movement): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is started from 132.00, 132.30, 132.60.
- Alternative recommendation: buy entry is started from 131.60, 131.00, 130.70.
Euro yen remains near significant resistance 132.00, the penetration of which will indicate the exit of the pair from the flat.
GBP JPY (current price: 148.50)
- Support levels: 146.00, 144.50, 143.50.
- Resistance levels: 148.00, 150.00, 151.50.
- Computer analysis: MACD (12, 26, 9) (signal – upward movement): indicator above 0, signal line in the body of the histogram. RSI (14) in the overbought zone. IchimokuKinkoHyo (9,26,52) (signal-going traffic): the Tenkan-sen line above the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is started from 148.90, 149.30, 149.50.
- Alternative recommendation: buy entry is started from 148.00, 147.30, 147.00.
The pair of pound of the yen remains in the uptrend, which was formed with the help of correction and weakness of the yen.
EUR CHF (current price: 1.1680)
- 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-flat): indicator near 0. RSI (14) in the neutral zone. IchimokuKinkoHyo (9,26,52) (flat signal): the Tenkan-sen line near the Kijun-sen line, the price in the cloud.
- The main recommendation: sale entry is started from 1.1730, 1.1750, 1.1780.
- Alternative recommendation: buy entry is started from 1.1650, 1.1630, 1.1600.
The euro-franc pair continues to trade in flat.