Mizuho Corporate Bank

Technical Analysis 05 August 2010

EUR/JPY
EURJPY=EBS, Last Quote [Candle], Last Quote [Ichimoku 9, 26, 52, 26] Daily
14May10 - 10Sep10
Pr
117

116.5

116

115.5

115

114.5

114

113.5

113

112.5

112

111.5

111

110.5

110
EURJPY=EBS , Last Quote, Candle
05Aug10 113.52 113.84 113.13 113.45 109.5
EURJPY=EBS , Last Quote, Tenkan Sen 9
05Aug10 113.39 109
EURJPY=EBS , Last Quote, Kijun Sen 26
05Aug10 111.12
108.5
EURJPY=EBS , Last Quote, Senkou Span(a) 52
09Sep10 112.25
108
EURJPY=EBS , Last Quote, Senkou Span(b) 52
09Sep10 111.02
107.5
EURJPY=EBS , Last Quote, Chikou Span 26
01Jul10 113.45
107
18May10 25May 01Jun 08Jun 15Jun 22Jun 29Jun 06Jul 13Jul 20Jul 27Jul 03Aug 10Aug 17Aug 24Aug 31Aug 07Sep

Comment: Still very mixed as back inside the range that has held since May but moving averages suggesting
a long position. Probably best to assume broadly sideways moves for yen crosses over the coming month, with an
initial drift lower.

Strategy: Attempt small shorts at 113.50; stop above 114.75. First target 113.00/112.70, maybe 112.00.
Chart Levels:
Support Resistance Direction of Trade
112.70 113.84
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.