Morning all, looks like another lull before the storm…
EUR/USD- Small bids 1.2910 ahead of tech support at 1.2885/90 (Asia low 1.2887). Bids below at 1.2860/65 with sell stops down through 1.2860 ahead of a supposed barrier at 1.2850. Offers 1.2950/55 and 1.2975/80
GBP/USD- Tech support 1.5405/10 ahead of 2011 lows of 1.5270. Offers up at 1.5510/15 with tech res 1.5545/50 (1.5548 Dec 19 high)
AUD/USD- Bids 1.0000/20 (corporates, exporters and Asian sovs)- Large sell stops on a break. Offers 1.0105/20 with buy stops above
EUR/JPY- tech support/option interest at 100.00, suggested large bids ahead of it possibly sovereign flavour, but large sell stops below. Offers from 100.85/00
USD/JPY- Talk of bids 77.65/70 and down to 77.50, sell stops through 77.20. Offers from 77.90 up to 78.10 more towards 78. 25/30 (corporates) with buy stops above and through 78.60
EUR/CHF- tech support 1.2171 (200 day MA)
