• EUR/USD trading heavy with US proposals to Iran deadline nearing

• EUR/USD 1.1525-46 EBS, better offered but within 1.1507-41 range yesterday

• Pair essentially sideways after rally from a low of 1.1443 on March 30

• Towards base of 1.1524-55 hourly Ichimoku cloud

• Descending 200-HMA 1.1531 in area, now descending 100-HMA 1.1548

• Continued heaviness should see pair fall below is ascending cloud

• Chunky option expiries in area today - 1.1450-85 total E1.9 bln

• 1.1500 E1.9 bln, 1.1520-50 E2.8 bln, 1.1575-1.1600 E4 bln, more on 1.16

• EUR/JPY 184.27-40 EBS, buoyant, holding below 184.65 high March 27

• Above its 183.49-83 daily Ichimoku cloud, ascending 100-DMA 183.15 below

• EUR/GBP last indicated between 0.8718-29

• At top of 0.8702-25 descending daily Ichimoku cloud, 100-DMA 0.8709 in cloud

• Today sees 0.8700 E600 mln option expiries, also E691 mln between 0.8740-60

• EUR/CHF 0.9210-22 EBS, in area of 0.9219 100-DMA, below 0.9273 200-DMA

• Smattering of option expiries today between 0.8995-0.9010, at 0.9180

• Related comments , , also

• On ECB , for more click on [FXBUZ]

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