I am start to put this link. it belong to MIZUHO's Bank
i use it for 2 years before i jump to market
hope it will be usefull for us
http://www.fxstreet.com/technical/an...ical-analysis/
it said:
Daily Technical Analysis
Mizuho Corporate Bank
http://www.mizuho-cb.co.uk
EUR: we remain within the same small trading band for five consecutive weeks
Tue, 13 Feb 2007 10:18:58 GMT
by Nicole Elliott
EUR
Comment: Too dreary for words as we remain within the same small trading band for five consecutive weeks. The only ray of hope is a thinning Ichimoku ‘cloud’ in a week’s time.
Strategy: Attempt longs at 1.2970; stop well below 1.2940. Short term target 1.3050, then 1.3125.
EUR/JPY
Comment: Pulling back a little further and faster than we had expected but still well within normal retracement parameters. Expect slow basing activity this morning around 157.40, maybe all day.
Strategy: Attempt longs at 157.40/157.00; stop below 156.00. Cover ahead of 159.00 but be ready to re-buy on a sustained break above 159.00 for 160.00 and then 164.00.
GBP
Comment: Very difficult as we continue to trade randomly in a well-established broad trading range. Yesterday’s ‘doji’ might just lead to a rally back up to 1.9600. Over the coming week/fortnight we favour yet another upside test of 1.9700/1.9750.
Strategy: Buy at 1.9500/1.9450; stop well below 1.9400. Short term target 1.9700/1.9750.
JPY
Comment: More small signs of instability as we drop from trendline resistance forming a small ‘doji’ candle yesterday with a high at 122.10, ahead of this month’s high at 122.20. For this morning allow for consolidation roughly between 121.00 and 121.80. More importantly, we are consolidating between 120.00 and 122.40, a process that might well last another week.
Strategy: Attempt small shorts at 121.60/121.80; stop well above 122.20. Short term target 121.00, then 120.50.
i use it for 2 years before i jump to market
hope it will be usefull for us
http://www.fxstreet.com/technical/an...ical-analysis/
it said:
Daily Technical Analysis
Mizuho Corporate Bank
http://www.mizuho-cb.co.uk
EUR: we remain within the same small trading band for five consecutive weeks
Tue, 13 Feb 2007 10:18:58 GMT
by Nicole Elliott
EUR
Comment: Too dreary for words as we remain within the same small trading band for five consecutive weeks. The only ray of hope is a thinning Ichimoku ‘cloud’ in a week’s time.
Strategy: Attempt longs at 1.2970; stop well below 1.2940. Short term target 1.3050, then 1.3125.
EUR/JPY
Comment: Pulling back a little further and faster than we had expected but still well within normal retracement parameters. Expect slow basing activity this morning around 157.40, maybe all day.
Strategy: Attempt longs at 157.40/157.00; stop below 156.00. Cover ahead of 159.00 but be ready to re-buy on a sustained break above 159.00 for 160.00 and then 164.00.
GBP
Comment: Very difficult as we continue to trade randomly in a well-established broad trading range. Yesterday’s ‘doji’ might just lead to a rally back up to 1.9600. Over the coming week/fortnight we favour yet another upside test of 1.9700/1.9750.
Strategy: Buy at 1.9500/1.9450; stop well below 1.9400. Short term target 1.9700/1.9750.
JPY
Comment: More small signs of instability as we drop from trendline resistance forming a small ‘doji’ candle yesterday with a high at 122.10, ahead of this month’s high at 122.20. For this morning allow for consolidation roughly between 121.00 and 121.80. More importantly, we are consolidating between 120.00 and 122.40, a process that might well last another week.
Strategy: Attempt small shorts at 121.60/121.80; stop well above 122.20. Short term target 121.00, then 120.50.
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