• EUR/USD traded on heavy side in Asia, 1.1380-93 EBS, Friday 1.1355-1.1434

• Rally Friday effectively reversed but little in way of direction in Asia

• Above 1.1356-63 hourly Ichimoku cloud, between 1.1376/1.1432 100/200-HMAs

• Option expiries again a factor, downside strikes supportive, heavy up top

• Below today between 1.1300-60 total E1.3 bln, above 1.1385-1.1450 E4.4 bln

• EUR/JPY up from 183.18 low last Wednesday but still below daily Ichi cloud

• Cloud today 184.72-95, Asia range so far 184.17-27

• Hourly cloud 183.69-95, 100 and 200-HMA at 184.16 and 184.81, respectively

• EUR/CHF 0.9222-23 EBS, holding around descending 200-DMA at 0.9224

• Some option expiries in area today but nothing very large

• EUR/GBP in rally mode Friday, 0.8611 to 0.8651 then, today to 0.8685

• Off since however to 0.8628, on volatile side

• Resistance from area of 0.8674-78 daily Ichimoku cloud, 200-DMA 0.8700

• Related comments , , also
EUR/USD hourly:


EUR/USD nearby option expiries this week:


EUR/GBP daily:

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