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Jun 05 - 11:55 PM

EUR/USD - Off Tad From O/N Highs, EUR Crosses Better Bid

By Haruya Ida  —  Jun 05 - 11:14 PM

• EUR/USD off some from 1.1495 EBS high yesterday, Asia 1.1434-58 and quiet

• Market awaiting fresh direction from US jobs report, more news on tariffs

• Follows ECB hawkish cut yesterday, EUR better bid going forward as result?

• Massive option expiries today on 1.13, 1.14 and 1.15 to help contain spot

• EUR/USD holding well above 100-HMA 1.1410, 1.1405-09 hourly Ichimoku cloud

• EUR/JPY 164.46-60 EBS after rally to 164.67 yesterday, best since Mid-May

• Hovering in area of 164.45 hourly Ichimoku tenkan, kijun 163.81 below

• EUR/GBP indicated around 0.8433, above 0.8414 100-DMA, below 0.8448 kijun

• Gravitational pull from E723 mln option expiries today between 0.8420-30?

• EUR/CHF 0.9385-90 EBS, quiet, holding under 0.9402-43 daily Ichimoku cloud

• 200 and 100-DMAs also above at 0.9397 and 0.9419, respectively

• Related , for more click on [FXBUZ]

EUR/USD hourly:


EUR/JPY hourly:


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

Source:
London Stock Exchange Group | Thomson Reuters

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