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    AUG-09 Mizuho Technical Analysis EUR JPY

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    Miir Viir
    The document provides a technical analysis of the EUR/JPY currency pair from August 2010. It includes a chart showing the currency pair's price action from October 2009 to February 2011 overlaid with Ichimoku indicators. In the commentary, it notes that yen crosses have been moving sideways since May 2010 as focus is on the US dollar rather than the yen. It suggests attempting tiny short positions at 113.65 with a stop above 114.75 and first targets at 113.00/112.70, possibly 112.00. Support and resistance levels are also provided.

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    AUG-09 Mizuho Technical Analysis EUR JPY

    Uploaded by

    Miir Viir
    32 views1 page
    The document provides a technical analysis of the EUR/JPY currency pair from August 2010. It includes a chart showing the currency pair's price action from October 2009 to February 2011 overlaid with Ichimoku indicators. In the commentary, it notes that yen crosses have been moving sideways since May 2010 as focus is on the US dollar rather than the yen. It suggests attempting tiny short positions at 113.65 with a stop above 114.75 and first targets at 113.00/112.70, possibly 112.00. Support and resistance levels are also provided.

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    The document provides a technical analysis of the EUR/JPY currency pair from August 2010. It includes a chart showing the currency pair's price action from October 2009 to February 2011 overlaid with Ichimoku indicators. In the commentary, it notes that yen crosses have been moving sideways since May 2010 as focus is on the US dollar rather than the yen. It suggests attempting tiny short positions at 113.65 with a stop above 114.75 and first targets at 113.00/112.70, possibly 112.00. Support and resistance levels are also provided.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views1 page

    AUG-09 Mizuho Technical Analysis EUR JPY

    Uploaded by

    Miir Viir
    The document provides a technical analysis of the EUR/JPY currency pair from August 2010. It includes a chart showing the currency pair's price action from October 2009 to February 2011 overlaid with Ichimoku indicators. In the commentary, it notes that yen crosses have been moving sideways since May 2010 as focus is on the US dollar rather than the yen. It suggests attempting tiny short positions at 113.65 with a stop above 114.75 and first targets at 113.00/112.70, possibly 112.00. Support and resistance levels are also provided.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Mizuho Corporate Bank

    Technical Analysis 09 August 2010


    EUR/JPY
    EURJPY=EBS, Last Quote [Candle], Last Quote [Ichimoku 9, 26, 52, 26] Weekly
    17Oct09 - 13Feb11
    EURJPY=EBS , Last Quote, Candle Pr
    15Aug10 113.51 113.68 113.33 113.65 138
    EURJPY=EBS , Last Quote, Tenkan Sen 9
    15Aug10 111.02 136
    EURJPY=EBS , Last Quote, Kijun Sen 26
    15Aug10 117.63
    EURJPY=EBS , Last Quote, Senkou Span(a) 52 134
    06Feb11 114.32
    EURJPY=EBS , Last Quote, Senkou Span(b) 52
    06Feb11 122.90 132
    EURJPY=EBS , Last Quote, Chikou Span 26
    21Feb10 113.65
    130

    128

    126

    124

    122

    120

    118

    116

    114

    112

    110

    108

    Nov09 Dec Jan10 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan11 Feb

    Comment: Yen crosses are still very mixed at the moment, having gone broadly nowhere since May as the
    focus is on the US dollar rather than the yen. Probably best to assume broadly sideways moves for yen crosses over
    the coming month.

    Strategy: Possibly attempt tiny shorts at 113.65; stop above 114.75. First target 113.00/112.70, maybe
    112.00.
    Chart Levels:
    Support Resistance Direction of Trade
    112.57 113.92
    112.00 114.20
    111.60 114.75*
    111.00 115.50
    110.00* 116.85

    Produced by London Branch - Nicole Elliott +44-20-7786-2509


    The information contained in this paper is based on or derived from information generally available to the public from sources believed to be reliable. No representation or
    warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This paper has been prepared
    solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading
    strategy.

    Charts provided by Reuters.

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