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• EUR/USD remained heavy in Asia, 1.1645-59 EBS, holding above 1.1633 200-DMA
• Capped for now at 1.1659 hourly Ichimoku kijun, tenkan 1.1652 below
• Ascending 200-HMA below at 1.1642, underlining support for now
• Massive nearby option expiries today to again help contain spot action
• At 1.1600 E2.3 bln, between 1.1630-50 E2.6 bln, 1.1660-95 E2.5 bln
• On 1.17 above between 1.1700-65 total E2.4 bln also
• EUR/JPY heavy too, 185.52-63 EBS but above 184.91-185.26 daily Ichi cloud
• 100-DMA 185.15 in cloud, at base of 185.50-74 hourly cloud, 100-HMA 185.44
• E710 mln inn option expiries today at 185.00 strike, likely supportive too
• EUR/GBP tad better bid, indicated at 0.8575, still in 0.8535-92 daily cloud
• EUR/CHF also buoyant, 0.9383-89 EBS, rising with hourly tenkan at 0.9385
• Smattering of option expiries today between 0.9305-15, at 0.9400
• Most EUR flows today likely on last minute position adjusts pre-Jackson Hole
• Related comments , also ,
EUR/USD hourly:
EUR/JPY hourly:
EUR/CHF hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)