http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2011-01-06.htmlComment: The sell-off in the first half of 2010 was much greater than anything we had allowed for and seriously tested our nerves. Nevertheless it did hold against long term 50% Fibonacci retracement support and the level at which the Euro kicked off in 1999. It has subsequently spent the rest of the year consolidating under one standard deviation above the long term mean, all price action from the record high seen as a complex Wave IV ‘flag’ formation. Lacking momentum and with subduedThu, 06 Jan 2011 21:32:19 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2011-01-06.htmlhttp://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2009-01-08.htmlComment: We underestimated the need for US dollars when de-leveraging; we now feel that investors are now more carefully assessing currency needs and preferences. Having already reversed a lot of last year’s losses, admittedly in very thin conditions, we feel the Euro should spend Q1 2009 getting used to current levels and consolidating between 1.2500 and 1.5000. Late in Q2 we expect the Euro to strengthen some more, to 1.5500 and hopefully by then one-month at-the-money implied volatilityThu, 08 Jan 2009 17:57:49 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2009-01-08.htmlhttp://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2008-06-16.htmlComment: The Euro found a record high at 1.6020 rather sooner and a little higher than we had expected, which we see as an interim top only. It has now moved into a phase of correction and consolidation, something that might continue for another three months. At the moment we shall allow for dips to the psychological 1.5000 and no lower than 1.4500. These are seen as good medium and long term buying opportunities for renewed US dollar weakness very late this year and into 2009. A target ofMon, 16 Jun 2008 14:09:51 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2008-06-16.htmlhttp://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2006-06-28.htmlOne year outlook for EUR Comment : Currency moves over the next year are likely to be as big as they have been so far this year. Against the US dollar expect the Euro to fluctuate by five to ten cents monthly, causing chart levels not to hold neatly as well as ‘extensions’ and ‘spikes’. With a little luck the 1.1700 area will hold in Q4 2005, causing a squeeze back up to 1.2500 by year-end. Then more consolidation between 1.2000 and 1.3000 in H1 2006. By the end of Q3 2006 the Euro should beWed, 28 Jun 2006 07:44:01 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/one-year-outlook-for-eur/2006-06-28.html