EUR/USD: Strong offers/ tech res above at 1.2930/50 from Dutch names and option protection (1.2935- 61.8% retracement of the year’s fall, 1.2950 barrier), buy stops above ahead of more offers 1.2980/00 (1.3000 barrier). Bids 1.2900/10, some weak sell stops just below ahead of more bids from 1.2880 down to 1.2850. Likely sell stops below, ahead of tech support 1.2830/35 (1.2830 -200 day MA) and more bids 1.2800/10
GBP/USD: Offers 1.6125/35 (1.6131 Wed high) likely buy stops through 1.6135 ahead of tech res/offers 1.6180/00. Bids 1.6070/80 ahead of tech supp 1.6030/35 and more bids 1.6000/10. Sell stops below through 1.5990.
EUR/GBP: Offers 0.8025/30 likely buy stops above ahead of tech res 0.8040/45 (0.8042 July 5 High). Bids 0.8000/10, tech supp 0.7970/75 (tech 100 day MA 0.7971) and 0.7925/30 ahead of stronger bids 0.7900/10 (55 day MA 0.7902)
USD/JPY: Bids 77.50/70 ( semi-official, Japan Life co’s, importers, 77.50 barrier). Sell stops through 77.50 ahead of more bids 77.00/20 (77.00 barrier). Offers from 77.90 up to 78.00 possible buy stops above ahead of more offers from 78.30 up to 78.50 (exporters)
EUR/JPY: Bids 100.30/40 and 100.00/.10, likely sell stops below ahead of stronger support 99.60/70. Offers/tech res from 100.80 up to 101.00 touted barrier (100.84 July 3 high). Buy stops above 101.00
AUD/JPY: Bids 81.00/10 ahead of tech supp 100 day MA 80.67 and ahead of more bids 80.30/40. Offers 81.50/60 and 81.80/00 (200 day MA 81.82, 81.93 cloud top), buy stops above
EUR/CHF: Offers 1.2110/20, larger up at 1.2150/60 (Fri high 1.2156) buy stops above through 1.2160. Bids 1.2090/00 and 1.2060/70
AUD/USD: Bids at 1.0430/40 sell stops below ahead of more bids 1.0400/10. Offers 1.0490/00 (macro funds) ahead of tech res 1.0525/45 (1.0529 high Aug 23, 1.0545 high Aug 22), buy stops through 1.0550.
EUR/AUD: Bids 1.2320/30 and tech supp 1.2295/05 (100 day MA 1.2297), Offers 1.2380/90.
NZD/USD: Bids from 0.8180 down to 0.8150, likely sell stops just below. Offers/ strong tech res 0.8225 up to 0.8250 with buy stops above.
