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TDUX
Jun 22 - 01:55 AM

EUR Pairs Mixed, EUR/USD Still Heavy, EUR/CHF In Surge Mode

By Haruya Ida  —  Jun 21 - 11:46 PM

• EUR pairs mixed in Asia, some on heavy side, others in surge mode

• EUR/USD heavy, 1.1450-72 EBS in Asia, up though from 1.1418 low Friday

• Capped for now at base of 1.1463-1.1521 descending hourly Ichimoku cloud

• Nearby option expiries today to again help contain spot action

• Total E2.7 bln on 1.14-handle, large below on 1.13 and above on 1.15 too

• EUR/JPY on hold in middle of recent 184.30-186.31 range, Asia 185.03-21 EBS

• Currently above 184.36-95 daily Ichimoku cloud

• EUR/GBP up to 0.8687 early Asia before falling back to 0.8669, still buoyant

• Option expiries today include E965 mln between 0.8655-75, some 0.8700-15

• View more pressure on UK PM Starmer after Burnham win GBP negative

• EUR/CHF saw good rally to 0.9264 Friday, still bid in Asia, 0.9261-66 EBS

• Previous resistance around 200-DMA today at 0.9227 left in the dust

• USD to remain better bid across a broad front on renewed US-Iran tensions?

• Related , ,

• On Starmer-Burnham , for more click on [FXBUZ]

EUR/USD:


EUR/JPY:


EUR/GBP:


EUR/CHF:


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

Source:
London Stock Exchange Group | Thomson Reuters
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