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• EUR/USD 1.1610-20 EBS in Asia, back on 1.16 handle but still looking heavy
• Consolidating below 1.1668-71 wafer thin daily Ichimoku cloud
• Also below 1.1620-22 hourly cloud but holding above 1.1577 low yesterday
• Massive option expiries in area again today, between 1.1545-95 E2.6 bln
• Between 1.1600-75 total E9.3 bln too and E2.1 bln between 1.1700-05
• All look to help contain spot action during global trading day
• EUR/GBP also heavy between 0.8649-52, holding above 0.8640 low yesterday
• Some option expiries today below at 0.8575, above E816 mln 0.8700-25
• EUR/CHF 0.9138-40 EBS, on hold above 0.9133 recent low Monday
• Holding still for now in 0.9123-87 daily Ichimoku cloud, 100-DMA 0.9174
• EUR/JPY in stasis still, 184.70-80 EBS, in 184.37-185.53 daily cloud
• Action likely to be limited on US and European holidays Monday
• Related comments , , , also
EUR/USD:
EUR/GBP:
EUR/JPY:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)