• EUR/USD on back foot, 1.1630 to 1.1610 EBS in Asia, from 1.1661 yesterday

• Still in hover mode below its daily Ichimoku cloud between 1.1668-1.1700

• Tracking away from its 200/100-HMAs 1.1624/1.1629, 1.1630-34 hourly cloud

• Option expiries nearby less massive but still on chunky side

• 1.1590-1.1610 total E1.2 bln, 1.1650-90 E2.1 bln, 1.1700-40 E7.7 bln

• Possible ECB hike in June shrugged off for now, focus still on Middle East

• Also hawkish ECB Lane comments at Tokyo central bankers meet

• EUR/JPY also on back foot, 185.32-47 EBS and off from 185.77 high yesterday

• Still in its ascending daily Ichimoku cloud between 184.37-185.99

• Towards its also ascending hourly Ichimoku cloud between 184.86-185.32

• EUR/CHF buoyant, 0.9152-57 EBS and in middle of 0.9123-89 daily cloud

• Resistance eyed from descending 100-DMA at 0.9167

• EUR/GBP also on buoyant side, 0.8659-65, holding below 0.8667 high yesterday

• Resistance from 100-DMA at 0.8680, daily cloud 0.8684-0.8701 above

• Related comments , , also ,
EUR/USD hourly:


EUR/CHF hourly:


EUR/GBP hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)