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    Technical Analysis 15 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. It includes charts showing the currency's performance over time and key technical indicators like the Tenkan Sen, Kijun Sen and Ichimoku lines. The analysis indicates the EUR is struggling to close above resistance at 1.4496 and 1.4550. A weekly close above 1.4500 could be possible but the currency is expected to remain mixed for the rest of the day. Traders are advised to look for small long opportunities around 1.4425 with a stop below 1.4400 and a first target of 1.4545.

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    Technical Analysis 15 January 2010 EUR: Comment: Strategy: Chart Levels

    Uploaded by

    Miir Viir
    29 views1 page
    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar. It includes charts showing the currency's performance over time and key technical indicators like the Tenkan Sen, Kijun Sen and Ichimoku lines. The analysis indicates the EUR is struggling to close above resistance at 1.4496 and 1.4550. A weekly close above 1.4500 could be possible but the currency is expected to remain mixed for the rest of the day. Traders are advised to look for small long opportunities around 1.4425 with a stop below 1.4400 and a first target of 1.4545.

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    Mizuho Corporate Bank

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    The document provides a technical analysis of the EUR=EBS exchange rate against the US dollar. It includes charts showing the currency's performance over time and key technical indicators like the Tenkan Sen, Kijun Sen and Ichimoku lines. The analysis indicates the EUR is struggling to close above resistance at 1.4496 and 1.4550. A weekly close above 1.4500 could be possible but the currency is expected to remain mixed for the rest of the day. Traders are advised to look for small long opportunities around 1.4425 with a stop below 1.4400 and a first target of 1.4545.

    Copyright:

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

    Technical Analysis 15 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. It includes charts showing the currency's performance over time and key technical indicators like the Tenkan Sen, Kijun Sen and Ichimoku lines. The analysis indicates the EUR is struggling to close above resistance at 1.4496 and 1.4550. A weekly close above 1.4500 could be possible but the currency is expected to remain mixed for the rest of the day. Traders are advised to look for small long opportunities around 1.4425 with a stop below 1.4400 and a first target of 1.4545.

    Copyright:

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

    Technical Analysis 15 January 2010


    EUR
    EUR=EBS, Last Quote [Candle] EUR=, Bid [Ichimoku 9, 26, 52, 26] Daily
    12Sep09 - 23Feb10
    Pr
    EUR=EBS , Last Quote, Candle
    15Jan10 1.4501 1.4512 1.4406 1.4420
    EUR= , Bid, Tenkan Sen 9 1.51
    15Jan10 1.4422
    EUR= , Bid, Kijun Sen 26 1.505
    15Jan10 1.4496
    EUR= , Bid, Senkou Span(a) 52 1.5
    19Feb10 1.4459
    EUR= , Bid, Senkou Span(b) 52 1.495
    19Feb10 1.4680
    EUR= , Bid, Chikou Span 26 1.49
    11Dec09 1.4417
    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

    1.42

    1.415

    1.41
    17Sep09 01Oct 15Oct 29Oct 12Nov 26Nov 10Dec 24Dec 07Jan 21Jan 04Feb 18Feb

    Comment: Still struggling to close above the 26-day moving average at 1.4496 and the 1.4550 area. Unlikely
    to break above here today though a weekly close above 1.4500 might still be possible. Mixed at best today.

    Strategy: Possibly attempt small longs at 1.4425; stop well below 1.4400. Short term target 1.4545,.
    Chart Levels:
    Support Resistance Direction of Trade
    1.4406/1.4400* 1.4450
    1.4355 1.4500
    1.4300 1.4555
    1.4255 1.4580*
    1.4218/1.4200* 1.4600

    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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