• EUR/USD backs off from 1.1537 EBS high overnight, Asia 1.1531 to 1.1507

• All eyes seem to be on JPY which continues to lead USD-major currency moves

• Holding in 1.1488-1.1587 daily Ichimoku cloud, 100-DMA 1.1568 in cloud

• Hourly tenkan 1.1523 above, hourly kijun below at 1.1485

• Nearby option expiries today 1.1500 E4.8 bln, 1.1505-55 total E1.7 bln

• Below 1.1400-90 total E10.1 bln, likely to limit moves to the downside

• EUR/JPY 183.93-185.14 EBS, in bounce after 187.43 to 182.11 bounce yesterday

• In flux and moves from here to depend on USD/JPY lead

• Spot back above ascending 200-DMA at 183.66 after sojourn below overnight

• EUR/GBP 0.8556-60 after fall from 0.8586 high yesterday, heavy

• Holding above daily Ichimoku kijun at 0.8553 however, tenkan 0.8539 below

• Back in ascending hourly Ichimoku cloud between 0.8554-63, 100-HMA 0.8556

• Option expiries today include 0.8510-20 total E400 mln, 0.8570-80 E903 mln

• EUR/CHF 0.9284-90 EBS after 0.9349 to 0.9272 fall yesterday

• Above 0.9263 flat daily Ichimoku kijun but below ascending 200-HMA at 0.9293

• Option expiries today 0.9100 E472 mln, 0.9250 E733 mln, 0.9350 E856 mln

• Related comments , , ,

• And , , , also
EUR/USD:


EUR/USD nearby option expiries into next week:


EUR/JPY:

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