Mizuho Corporate Bank

Technical Analysis 10 August 2010

EUR
EUR=EBS, Last Quote [Candle], Last Quote [Ichimoku 9, 26, 52, 26] Daily
29Apr10 - 15Sep10
Pr
EUR=EBS , Last Quote, Candle
10Aug10 1.3221 1.3233 1.3135 1.3162
EUR=EBS , Last Quote, Tenkan Sen 9 1.34
10Aug10 1.3156
EUR=EBS , Last Quote, Kijun Sen 26
10Aug10 1.2907 1.33
EUR=EBS , Last Quote, Senkou Span(a) 52
14Sep10 1.3031 1.32
EUR=EBS , Last Quote, Senkou Span(b) 52
14Sep10 1.2605
EUR=EBS , Last Quote, Chikou Span 26 1.31
06Jul10 1.3162

1.3

1.29

1.28

1.27

1.26

1.25

1.24

1.23

1.22

1.21

1.2

1.19

03May10 10May 17May 24May 31May 07Jun 14Jun 21Jun 28Jun 05Jul 12Jul 19Jul 26Jul 02Aug 09Aug 16Aug 23Aug 30Aug 06Sep 13Sep

Comment: Having clambered back up to where we were at the beginning of May it is possible that we will
take a small breather this week. Let’s see if the 9-day moving average helps prop it up as the 26-day one is quite a
lot lower. The Euro is no longer overbought against the dollar but there are a raft of resistance levels between
1.3300 and 1.3800.

Strategy: Attempt longs 1.3155; stop well below 1.3100. First target 1.3230, then 1.3330.
Chart Levels:
Support Resistance Direction of Trade
1.3135 1.3233
1.3119 1.3262
1.3035 1.3334*
1.2980 1.3365
1.2950 1.3420

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.