Banks are starting to set 'long' call positions on risk currencies

Yes 'dumb' smart money doing the 2008 thang (refer to your charts on commodities/risk FX crosses/stocks - 2008) before the shit hit the fan.

Again, there is a ton of risk 'bullish' positions being set, most probably on high leverage.

Bank balance sheets getting destroyed around about October 2010, with the Federal Reserve plugging holes end yr (quantitative easing)

Nasty...