Mizuho Bank. Recommendations for major currency pairs

	Mizuho Bank. Shopping advice
Euro / dollar
Commentary	The pair consolidates above the clouds "and the 9-day moving average. A similar pattern seen in many key currencies, which indicates a general weakening of the dollar this month. Thus, the euro might rise.
Strategy	Buy at 1.3300, strengthens position at 1.3245, below 1.3090 foot. Enhances long positions with a clear break above 1.3450 to 1.3575/1.3600.
Dollar / yen
Commentary	Given that the major currencies are not rising against the dollar, in contrast to the less popular currencies, the possible strengthening of the yen is not worried investors. We continue to believe that the dollar this year, will deliver the entire spectrum of positions on the market that keeps the dollar / yen below the level of 99.50. Today, we look forward to fall below the 9-day moving average at 97.60, and possibly below the clouds Ishimoku by the end of the week.
Strategy	Sell at 98.55, strengthens position to 99.00; stop above 99.85. Short-term goal at 97.65, then 97.15.
Pound / Dollar
Commentary	The pair consolidated at the top of the range, and the breakthrough seemed inevitable. Expect further growth this week, and possibly this month, against the backdrop of an overall strengthening of currencies against the dollar. Surprisingly, the voice, premonitory collapse of the UK, gradually silent. Now consider that a pound underestimated.
Strategy	Buy at 1.5145; feet below 1.4800. Enhances long positions with a clear break above 1.5175 to 1.5375 and then 1.5725/1.5800.