• EUR/USD heavy, 1.1048-63 EBS after fall to 1.1046 yesterday

• Now lowest since April 2025, only 1.1000 support ahead of more losses

• Some daily lows ahead of 1.0880 trough then at 1.0880 on April 7

• Weekly chart shows pair now below the 200-WMA at 1.1111

• Through 1.1187 100-MMA, towards 1.0654-1.0938 monthly Ichimoku cloud

• EUR/USD also through 50% retracement of 1.0125-1.2084 move Feb 3 '25-Jan 27

• Could be headed towards Fibonacci 61.8% retracement of above move at 1.0873

• Nearby option expiries today 1.1000 E845 mln, between 1.1055-90 E620 mln

• Also above between 1.1100-10 total E1.2 bln, likely to help cap upside

• EUR/JPY also heavy 176.63-85 EBS after fall to 176.28 yesterday

• Top of recent range 178.45 on November 4

• Ascending 200-HMA, descending 100-HMA converging at 176.97, 176.98 above

• Hourly Ichimoku cloud 177.00-21 above

• EUR/GBP 0.8352 New York close, below 0.8354-62 hourly Ichimoku cloud

• Above 0.8349 converging ascending 100-HMA, descending 200-HMA

• Some option expiries today at 0.8370 strike just above

• EUR/CHF outlier again and buoyant, 0.9239-40 EBS, near its 0.9237 200-DMA

• Holding above its ascending hourly Ichimoku cloud between 0.9200-33

• Related comments , also , for more click on [FXBUZ]

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