Quarterly Technical Analysishttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/Technical Analysishttp://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7USD/JPY: Sudden slide to the all-time low at 79.75 should not be ruled outhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-10-02.htmlQuarterly Outlook for EUR Comment: Having seen the short-squeeze to1.4800 we had predicted for Q3 2009, our view remains unchanged and weshall allow for consolidation between here and the psychological 1.5000until year-end. However, do not expect this phase to hold neatlybetween these two points; on the contrary, random price swings arelikely to become increasingly sharp as the market looks for direction.We are currently pencilling in range roughly between 1.4400 and 1.5100.Again ifFri, 02 Oct 2009 10:20:46 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-10-02.htmlThe rally late in March 2009 forced the dollar higher than we had expectedhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-07-06.htmlQuarterly Outlook for EUR Comment: Despite rallying to the increasingly important 1.3800-1.4200 band, as expected, one-month at-the-money implied volatility has been very subdued holding around 14.00%. Perhaps this reflects consensus opinion where the latest poll has views in an increasingly narrow range just below current prices. A weekly close above 1.4200, hopefully this month should set off a short-squeeze to 1.4800/1.5000 where another round of consolidation is due. If anything the EuroMon, 06 Jul 2009 09:44:45 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-07-06.htmlThe rally late in March 2009 forced the dollar higher than we had expectedhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-04-09.htmlQuarterly Outlook for EUR Comment: Price action so far this year has seen the Euro hold above 1.2400 (not the 1.2500 we said three months ago) while rallies have been more subdued than allowed for. Understandably one-month at-the-money implied volatility slumped from a record high at 28.00% in October to a low at 14.60% today; this should trade between 14.00% and 22.00% this quarter. Prices should now hold above the 1.3000 area setting up for a re-test of the increasingly importantThu, 09 Apr 2009 14:47:28 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-04-09.htmlGBP Catastrophic losseshttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-01-07.htmlQuarterly Outlook for EUR Comment: Record one-month at-the-money implied volatility of 28.00% in October, followed by December’s biggest ever monthly rally, adds weight to our view that price action from the all-time high is corrective. This process should continue for the next three months with the Euro holding above 1.2500 all of the time, probably capped at 1.5000. January’s pull back should find an interim base around the 1.3000 area setting up for a subsequent rally to 1.3800, maybeWed, 07 Jan 2009 13:13:38 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2009-01-07.htmlEuro consolidated in a ‘flag’ formationhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2007-04-03.htmlQuarterly Outlook for EUR Comment: For most of Q1 the Euro consolidated in a large ‘flag’ formation, just as it did between May and November last year. This continuation pattern should lead to another burst higher in the trend to a stronger Euro that started in 2001. The next target is 1.3500 and probably the December 2004 all-time high of 1.3670. We would then expect some consolidation either side of 1.3500, probably at least until the middle of Q2 2007. The difficulty will be in deciding howTue, 03 Apr 2007 08:54:42 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2007-04-03.htmlThe Euro is consolidating in a small ‘flag’ formationhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2007-01-03.htmlQuarterly Outlook for EUR Comment: The Euro is consolidating in a small ‘flag’ formation, just as it did in a large one between May and November last year. This continuation pattern should lead to another burst higher in the trend to a stronger Euro that started in 2001. The next target is 1.3500 and probably the December 2004 all-time high of 1.3670. We would then expect some consolidation either side of 1.3500, probably until the end of Q1 2007. The difficulty will be in deciding how wideWed, 03 Jan 2007 11:18:35 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2007-01-03.htmlPrice action has been neatly contained in a ‘flag’ formation under the increasingly important 1.3000 levelhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-10-02.htmlEUR Comment: Price action over the last five months has been neatly contained in a ‘flag’ formation under the increasingly important 1.3000 level. This continuation pattern should lead to a break higher in Q4, targeting 1.3280 short term, then 1.3475, and probably the 2004 high of 1.3670 very late this year/early 2007. Just because the Euro has not yet met our upside targets yet does not mean that we have to reverse our view. A weekly close clearly below 1.2300 forces us to adjust our view inMon, 02 Oct 2006 14:12:44 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-10-02.htmlPrice action over the last four months has been neatly contained in a ‘flag’ formation under the increasingly important 1.3000 levelhttp://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-09-04.htmlEUR Comment: Price action over the last four months has been neatly contained in a ‘flag’ formation under the increasingly important 1.3000 level. This continuation pattern should lead to a break higher in Q3, targeting 1.3280 short term, then 1.3475, and probably the 2004 high of 1.3670 very late in Q3 or in Q4. A weekly close clearly below 1.2300 forces us to adjust our view in terms of its magnitude and timing. GBP Comment: Holding at the upper edge of the broad 1.8000 to 1.9100 tradingMon, 04 Sep 2006 14:38:13 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-09-04.htmlOver the last three months the Euro has been consolidating between 1.2500 and 1.3000http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-07-21.htmlEUR Comment: Over the last three months the Euro has been consolidating between 1.2500 and 1.3000, up a notch from Q1 levels. Lack of direction has, not surprisingly, seen at-the-money implied volatility drop to some of the lowest levels in years. Complacency coupled with a steady Technical picture means that there is an increased chance of a fairly sharp rally over the next three months. This week’s potential ‘hanging man’ candle hints at a short squeeze to 1.3000 in August, followed by aFri, 21 Jul 2006 03:18:22 GMThttp://www.fxstreet.com/technical/analysis-reports/Nicole.Elliot@mhcb.co.uk (Mizuho Corporate Bank)http://www.fxstreet.com/technical/analysis-reports/quarterly-technical-analysis/2006-07-21.html