• EUR very bid against USD, EUR/USD to 1.1766 EBS yesterday

• This despite news of US blockade of Iran's ports, possible ceasefire end

• Market optimistic though with Wall St up overnight, risk mood good

• EUR/USD 1.1756-68 so far in Asia, higher into 1.1693-1.1795 daily Ichi cloud

• Cloud descending, more EUR upside could see break above cloud

• Resistance eyed at 1.1800 and then 1.1829 mini-peak February 26

• Option expiries today supportive, total E2.8 bln between 1.1700-15

• Gravitational pull/support from E1.9 bln in expiries between 1.1725-65 too?

• EUR/JPY to record high 187.50 EBS yesterday, Asia today 187.25-40 so far

• Resistance only at each big figure topside, dips towards 186.00 well-bid?

• EUR/JPY sees total E400 mln in option expiries today at 188.00/15 strikes

• Related comments , , ,

• On EUR/JPY , 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)