Top Biggest Bank ( account to Total Asset)

Rank	Company	Country	Industry	Sales ($bil)	Profits ($bil)	Assets ($bil)	Market Value ($bil)
1	Royal Bank of Scotland	United Kingdom	Banking	86.16	-35.19	3,490.80	13.05
2	Barclays	United Kingdom	Banking	59.82	6.4	2,947.84	11.15
3	Deutsche Bank	Germany	Diversified Financials	124.8	9.47	2,946.88	14.4
4	BNP Paribas	France	Banking	108	4.2	2,888.73	29.98
5	HSBC Holdings	United Kingdom	Banking	142.1	5.73	2,520.45	85.04
6	JPMorgan Chase	United States	Banking	101.5	3.7	2,175.05	85.87
7	Crédit Agricole	France	Banking	107.8	5.9	2,064.17	21.91
8	Citigroup	United States	Banking	106.7	-27.68	1,938.47	8.21
9	Mitsubishi UFJ Financial	Japan	Banking	61.43	6.38	1,931.17	53.63
10	UBS	Switzerland	Diversified Financials	61.23	-18.52	1,894.85	27.25
11	ING Group	Netherlands	Insurance	214	-1.01	1,853.39	9.44
12	Bank of America	United States	Banking	113.1	4.01	1,817.94	25.29
13	Société Générale Group	France	Banking	99.25	2.8	1,572.73	17.77
14	Mizuho Financial	Japan	Banking	42.29	3.12	1,545.23	21.46
15	UniCredit Group	Italy	Banking	83.72	8.7	1,482.98	18.37
16	Allianz	Germany	Insurance	127.2	-3.4	1,329.96	30.86
17	Banco Santander	Spain	Banking	96.23	13.25	1,318.86	49.75
18	Wells Fargo	United States	Banking	51.65	2.66	1,309.64	51.28
19	Fortis	Netherlands	Diversified Financials	164.4	5.47	1,282.47	3.93
20	ICBC	China	Banking	53.6	11.16	1,188.08	170.83
21	Sumitomo Mitsui Financial	Japan	Banking	46.06	4.62	1,114.89	25.56
22	Credit Suisse Group	Switzerland	Diversified Financials	45.64	-7.7	1,089.61	28.89
23	AXA Group	France	Insurance	157	1.28	936.92	19.47
24	Fannie Mae	United States	Diversified Financials	43.12	-58.3	912.4	0.46
25	Dexia	Belgium	Banking	153.4	-4.63	906.06	3.76
26	CCB-China Construction Bank	China	Banking	42.98	9.45	903.35	119.03
27	Goldman Sachs Group	United States	Diversified Financials	53.58	2.32	884.55	42.06
28	Commerzbank	Germany	Banking	36.32	0	869.05	3.14
29	American Intl Group	United States	Insurance	11.1	-99.29	860.42	1.13
30	Freddie Mac	United States	Diversified Financials	12.3	-50.12	850.96	0.27
31	Intesa Sanpaolo	Italy	Banking	50.56	10.58	835.15	31.43
32	Bank of China	China	Banking	40.1	7.7	817.84	105.04
33	General Electric	United States	Conglomerates	182.5	17.41	797.77	89.87
34	Natixis	France	Banking	44.43	1.61	758.9	4.06
35	BBVA-Banco Bilbao Vizcaya	Spain	Banking	56.51	6.99	747.99	27.56
36	Danske Bank Group	Denmark	Banking	32.08	0.19	661.62	4.39
37	Nordea Bank	Sweden	Banking	28.54	3.72	659.72	13.04
38	Morgan Stanley	United States	Diversified Financials	62.26	1.71	658.81	21
39	Lloyds Banking Group	United Kingdom	Banking	25.63	1.2	625.71	13.58
40	Hypo Real Estate	Germany	Diversified Financials	14.75	0.67	580.3	0.28
41	Royal Bank of Canada	Canada	Banking	30.01	3.52	575.21	34.29
42	Legal & General Group	United Kingdom	Insurance	36.12	1.44	557.12	3.36
43	Generali Group	Italy	Insurance	118.4	4.26	546.5	21.35
44	National Australia Bank	Australia	Banking	41.87	3.58	515.83	21.9
45	Aviva	United Kingdom	Insurance	28.23	-1.33	513.03	10.95
46	MetLife	United States	Insurance	50.99	3.21	501.68	15.1
47	KBC Group	Belgium	Banking	30.83	-3.46	491.62	3.59
48	Toronto-Dominion Bank	Canada	Banking	20.8	2.88	472.13	25.01
49	Commonwealth Bank	Australia	Banking	34.98	4.58	467.83	28.01
50	Prudential Financial	United States	Insurance	29.28	-1.07	445.01	6.96
51	Standard Chartered Group	United Kingdom	Banking	23.44	3.41	434.41	17.95
52	Bank of Nova Scotia	Canada	Banking	21.62	2.54	411.2	22.44
53	Aegon	Netherlands	Insurance	47.49	-1.51	399.8	5.77
54	Resona Holdings	Japan	Banking	10.88	3.03	397.29	19.31
55	CNP Assurances	France	Insurance	55.85	1.02	374.61	9.64
56	ANZ Banking	Australia	Banking	28.51	2.62	371.18	18.35
57	CIC Group	France	Banking	21.56	1.66	366.5	3.21
58	Bank of Montreal	Canada	Banking	15.37	1.57	357.44	12.06
59	Westpac Banking Group	Australia	Banking	25.9	3.05	346.22	31.4
60	Zurich Financial Services	Switzerland	Insurance	32.35	3.04	325.04	19.6

Technical Analysis for Major Currencies

EURO

The Euro versus dollar pair confirmed the exit from the ascending channel as seen in the above image, changing the intraday trend to the downside confirmed by momentum indicators that have given bearish signs. The medium and short term trend are still to the upside yet on the intraday basis, the pair needs to correct to the downside targeting the 23.6% correction for the ascending channel at 1.4630 and perhaps extend to the 38.2% correction at 1.4540. Trading below 1.4740 is vital for the decline to remain intact.

The trading range for today is among the key support at 1.4330 and the key resistance at 1.4985

The general trend is to the upside as far as 1.4135 remains intact with targets at 1.6000

Support: 1.4650, 1.4630, 1.4565, 1.4540, 1.4465
Resistance: 1.4715, 1.4740, 1.4810, 1.4880, 1.4910

Recommendation: Based on the charts and explanations above, our opinion is selling the pair from 1.4695 to 1.4565 and stop loss above 1.4740 might be appropriate.

GBP

The downtrend continued to take the pair towards the 100% expansion as seen in the above image yet at the same time we see the pair trading below the key support for the downside channel affected by the bearishness yet the 1.6205 level was able to limit further declines on the intraday basis. Momentum indicators show the pair being oversold which may open the way for an upside correction before reversing back to the downside on the short term to breach the above mentioned level.

The trading range for today is among the key support at 1.5925 and the key resistance at 1.6625

The general trend is to the upside as far as 1.4840 remains intact with targets at 1.7100

Support: 1.6205, 1.6180, 1.6140, 1.6020, 1.5980
Resistance: 1.6290, 1.6340, 1.6360, 1.6430, 1.6475

Recommendation: Based on the charts and explanations above, our opinion is selling the pair with the breach of 1.6205 to 1.6050 and stop loss above 1.6340 might be appropriate

JPY

After reaching the 127% expansion at 90.15 as seen in the above image, alongside the oversold signs on momentum indicators, this may result in an upside correction for today targeting 92.40. The uptrend is supported by the 91.30 level on the intraday basis and 90.15 on the short term yet there is a chance for volatile trading during today’s expected incline.

The trading range for today is among the key support at 88.40 and the key resistance at 94.70

The general trend is to the downside as far as 102.60 remains intact with targets at 84.95 and 82.60

Support: 91.30, 90.90, 90.65, 90.15, 89.80
Resistance: 91.90, 92.40, 92.60, 93.25, 94.05

Recommendation: Based on the charts and explanations above, our opinion is buying the pair from 91.30 to 92.40 and stop loss below 90.60 might be appropriate.

CHF

From these levels, we expect the pair to rebound to the upside in correctional movements confirming the bullish technical pattern seen on the stochastic indicator which may result in the pair to continue trading in an overbought area alongside the RSI which is currently above 50. This was accompanied by the ADX indicator which has adjusted to the upside to confirm the breach of the key resistance for the downside channel at 1.0355. The moving averages are attempting to adjust to the upside as well.

The trading range for today is among the key support at 1.0160 and the key resistance at 1.0610

The general trend is to the downside as far as 1.1225 remains intact with targets at 0.9600

Support: 1.0310, 1.0280, 1.0265, 1.0210, 1.0160
Resistance: 1.0355, 1.0385, 1.0480, 1.0550, 1.0610

Recommendation: Based on the charts and explanations above, our opinion is buying the pair from 1.0310 to 1.0480 and stop loss below 1.0265 might be appropriate

CAD

Maintaining trading above the 20 MA on the four hour charts alongside a positive adjustment on the RSI and stochastic indicators confirm the uptrend seen on the ADX indicator. The medium and short term trends to the downside continue yet the pair is in need for an upside correction which may target 1.0800 and perhaps extend towards 1.0870 as far as 1.0625 remains intact.

The trading range for today is among the key support at 1.0425 and the key resistance at 1.0900

The general trend is to the downside as far as 1.1870 remains intact with targets at 1.0300

Support: 1.0700, 1.0680, 1.0625, 1.0565, 1.0500
Resistance: 1.0755, 1.0800, 1.0870, 1.0915, 1.0960

Recommendation: Based on the charts and explanations above, our opinion is buying the pair from 1.0700 to 1.0870 and stop loss below 1.0625 might be appropriate.

Ecpulse

Mizuho Corporate Bank strategy

EURUSD

Comment: The strongest weekly close since September 2008, above the 61% Fibonacci retracement, should keep current levels of bullish momentum while allowing the overbought Euro to sort itself out. Allow for consolidation today but be aware that thin markets could drive moves beyond chart levels.

Strategy: Buy at 1.4665; stop below 1.4500. Add to longs on a break above 1.4775 for 1.5000 medium term and more long term.

Direction of Trade: →

Chart Levels:

Support	Resistance
1.4661 "	1.4713
1.4642	1.4737
1.46	1.4768*
1.4561	1.4825
1.4500*	1.49

GBPUSD

Comment: Sterling losing ground against all major currencies and on the Bank of England's Trade Weighted Index drops to 80.10. Cable precariously poised and likely to form some sort of 'spike low' in thin conditions.

Strategy: Stand aside if possible. For those who have to: attempt tiny longs at 1.6175; stop below 1.6100. First target 1.6400.

Direction of Trade: →

Chart Levels:

Support	Resistance
1.6175 "	1.6265
1.6100*	1.635
1.6	1.6454
1.5983	1.65
1.5800*	1.6664

USDJPY

Comment: A three-day public holiday in Japan, and Eid al-Fitr in many others, means thin conditions in Asia so far today have allowed the US dollar to squeeze higher than last week's high (92.01 so far today). The US dollar is no longer oversold and we expect the move to stall around current levels for a re-test of the downside before the end of the month.

Strategy: Possibly attempt small shorts at 91.90; stop well above 92.26. Short term target 91.50, then 90.50 and probably a sudden push to 87.10

Direction of Trade: →

Chart Levels:

Support	Resistance
91.50 "	92.01
91.31	92.26
90.98	92.6
90.78	93
90.50*	93.3

EURJPY

Comment: Thin markets have allowed Yen crosses to squeeze just above last week's highs and for EUR/JPY through the upper edge of the daily Ichimoku 'cloud'. Hopefully the latest bounce will stall imminently and we shall drift back down to the bottom of the 'cloud'.

Strategy: Possibly attempt small shorts at 134.85; stop above 135.25. Add to shorts below 134.00 for 132.80 and then 131.00.

Direction of Trade: →

Chart Levels:

Support	Resistance
134.20 "	134.97
133.44	135.02
133	135.5
132.8	136.09*
131.00*	136.9

Mizuho Corporate Bank