Thursday , 14 November 2024
Home Forex FX option expiries for 14 November 10am New York cut
Forex

FX option expiries for 14 November 10am New York cut

There is just one to take note of, as highlighted in bold. But dollar domination is the name of the game now, so just be wary that the expiries aren’t going to matter all too much.

The one highlighted is for EUR/USD at the 1.0550 level. However, it isn’t one that holds any technical significance now that the pair has broken below the April low of 1.0601. The 1.0500 mark is next on the cards with the October 2023 lows beckoning below that closer to 1.0450.

The monthly chart for the pair highlights how we’ve been in a range between roughly 1.0500 to 1.1200 since the start of 2023. So, there is some key technical focus towards the downside support there and that’s the more important level to pay attention to with the dollar continuing to push upwards.

For more information on how to use this data, you may refer to this post here.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Gold shows some life falling to the lowest since September

The gold market was pricing for uncertainty into the US election but...

ECB’s Schnabel: Asset purchases are more powerful for stabilizing markets than econ

Warns against relying on stable macroeconomic relationshipsInflation risks have shifted from downside...

Bank of England’s Bailey: The UK must preserve free trade

Urges UK not to counter protectionism with tariffsWe must welcome opportunity to...

Trump trades are cooling off today

The sugar-high from the Trump election is wearing off in a few...