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    Technical Analysis 14 January 2010 EUR: Comment: Strategy: Chart Levels

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    Miir Viir
    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar from September 28, 2009 to February 19, 2010. It includes charts showing the daily price action and Ichimoku indicator values over this period. The analysis comments that the EUR has been struggling to close above the 26-day moving average of 1.4496 and remains in a bullish momentum pattern. It recommends buying above 1.4540 and adding above 1.4485, with upside targets of 1.4575 and 1.4800. Key support and resistance levels are also identified.

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    Download as PDF, TXT or read online from Scribd

    Technical Analysis 14 January 2010 EUR: Comment: Strategy: Chart Levels

    Uploaded by

    Miir Viir
    14 views1 page
    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar from September 28, 2009 to February 19, 2010. It includes charts showing the daily price action and Ichimoku indicator values over this period. The analysis comments that the EUR has been struggling to close above the 26-day moving average of 1.4496 and remains in a bullish momentum pattern. It recommends buying above 1.4540 and adding above 1.4485, with upside targets of 1.4575 and 1.4800. Key support and resistance levels are also identified.

    Original Description:

    Forex dai;y

    Original Title

    Mizuho Corporate Bank

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    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar from September 28, 2009 to February 19, 2010. It includes charts showing the daily price action and Ichimoku indicator values over this period. The analysis comments that the EUR has been struggling to close above the 26-day moving average of 1.4496 and remains in a bullish momentum pattern. It recommends buying above 1.4540 and adding above 1.4485, with upside targets of 1.4575 and 1.4800. Key support and resistance levels are also identified.

    Copyright:

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

    Technical Analysis 14 January 2010 EUR: Comment: Strategy: Chart Levels

    Uploaded by

    Miir Viir
    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar from September 28, 2009 to February 19, 2010. It includes charts showing the daily price action and Ichimoku indicator values over this period. The analysis comments that the EUR has been struggling to close above the 26-day moving average of 1.4496 and remains in a bullish momentum pattern. It recommends buying above 1.4540 and adding above 1.4485, with upside targets of 1.4575 and 1.4800. Key support and resistance levels are also identified.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Mizuho Corporate Bank

    Technical Analysis 14 January 2010


    EUR
    EUR=EBS, Last Quote [Candle] EUR=, Bid [Ichimoku 9, 26, 52, 26] Daily
    28Sep09 - 19Feb10
    Pr
    EUR=EBS , Last Quote, Candle 1.515
    14Jan10 1.4510 1.4556 1.4495 1.4540
    EUR= , Bid, Tenkan Sen 9 1.51
    14Jan10 1.4419
    EUR= , Bid, Kijun Sen 26
    14Jan10 1.4496 1.505
    EUR= , Bid, Senkou Span(a) 52
    18Feb10 1.4457 1.5
    EUR= , Bid, Senkou Span(b) 52
    18Feb10 1.4680 1.495
    EUR= , Bid, Chikou Span 26
    10Dec09 1.4537
    1.49

    1.485

    1.48

    1.475

    1.47

    1.465

    1.46

    1.455

    1.45

    1.445

    1.44

    1.435

    1.43

    1.425

    05Oct09 12Oct 19Oct 26Oct 02Nov 09Nov 16Nov 23Nov 30Nov 07Dec 14Dec 21Dec 28Dec 04Jan 11Jan 18Jan 25Jan 01Feb 08Feb 15Feb

    Comment: Still struggling to close above the 26-day moving average at 1.4496. Momentum is bullish and
    might increase, pushed by a rising 9-day average. Other major currencies confirm, looking for a weaker USD.

    Strategy: Buy at 1.4540, adding to 1.4485; stop well below 1.4400. Short term target 1.4575, then 1.4800.
    Chart Levels:
    Support Resistance Direction of Trade
    1.4495 1.4557
    1.4453 1.4580*
    1.4400* 1.4600
    1.4300 1.4680
    1.4255 1.4800*

    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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