Technical analysis of cross-rates. (Anton Hanzenko)
EUR GBP (current price: 0.8750)
- 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 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 0.8760,0.8780, 0.8800.
- Alternative recommendation: buy entry is started from 0.8740, 0.8720, 0.8700.
The pair has slowed the upward trend, but retains the potential for growth.
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 – upward movement): the indicator is below 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 below the cloud.
- The main recommendation: sale entry is started from 131.00, 131.30, 131.60.
- Alternative recommendation: buy entry is started from 130.40, 130.20, 130.00.
The euro yen remains in the correction phase after the decline, but still retains the potential to decline.
GBP JPY (current price: 149.40)
- 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): the indicator is below 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, flat): the Tenkan-sen line is above the Kijun-sen line, the price is in the cloud.
- The main recommendation: sale entry is started from 149.70, 150.00, 150.30.
- Alternative recommendation: buy entry is started from 149.00, 148.70, 148.50.
The pair also went into the correction phase, thereby returning to an uptrend.
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-flat): the indicator is near 0. RSI (14) is in the neutral zone. IchimokuKinkoHyo (9,26,52) (signal – flat): the Tenkan-sen line is near the Kijun-sen line, the price is in the cloud.
- The main recommendation: sale entry is started from 1.1760, 1.1780, 1.1800.
- Alternative recommendation: buy entry is started from 1.1730, 1.1700, 1.1680.
The pair continues to move in an uptrend, but is limited to overbought.