• EUR/USD doing little in Asia, 1.1623-34 EBS and in stasis

• Holding in tad lower 1.1584-1.1641 range established September 3

• Still capped in area of flat-ish 200-DMA at 1.1634, 100-DMA 1.1561 below

• In middle of now tapering 1.1408-1.1746 weekly Ichimoku cloud

• Massive nearby option expiries to again help contain spot action

• On 1.15 handle total E8.1 bln, 1.1600-25 E1.4 bln, 1.1630-1.1700 E6.4 bln

• EUR/JPY in almost free fall, 179.32 at Asia open to 177.86 EBS so far

• JPY bid broadly across the board as shorts continuing to pare positions

• EUR/JPY lowest since 177.37 Nov 10, 2025, Nov trough 175.75 on 5th

• EUR/GBP 0.8577-87, above 0.8548-71 daily Ichi cloud, below 0.8600 100-DMA

• Option expiries today include 0.8600 E725 mln, some between 0.8535-60

• EUR/CHF quiet, 0.9405-09 EBS, in higher 0.9374-0.9435 range since Sept 2

• Some option expiries today in 0.9335-40 window

• Related comments , , ,

• Also , for more click on [FXBUZ]

EUR/USD:


EUR/USD nearby option expiries this week:


EUR/JPY:

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