Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.87750)
- 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) (flat signal): the Tenkan-sen line is near the Kijun-sen line, the price is higher than the cloud.
- The main recommendation: sale entry is started from 0.8780,0.8800, 0.8820.
- Alternative recommendation: buy entry is started from 0.8760, 0.8730, 0.8700.
A euro pound pair remains in an uptrend.
EUR JPY (current price: 130.70)
- 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 131.00, 131.30, 131.60.
- Alternative recommendation: buy entry is started from 130.50, 130.30, 130.00.
Euro yen in anticipation of development of the figure “double top”.
GBP JPY (current price: 149.10)
- 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- upward 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 149.40, 149.700, 150.00.
- Alternative recommendation: buy entry is started from 148.70, 148.40, 148.00.
The pound yen pair is limited to the support level of 148.70-50.
EUR CHF (current price: 1.1750)
- 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 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 in the cloud.
- The main recommendation: sale entry is started from 1.1780, 1.1800, 1.1820.
- Alternative recommendation: buy entry is started from 1.1720, 1.1700, 1.1680.
The euro franc pair accelerated the decline in the growth of risks and the formation of a reversal model of the movement.