FX option expiries for 19 February 10am New York cut

There are a couple to take note of on the board, as highlighted in bold.

The first one is for EUR/USD at the 1.0500 level again. The pair has seen price action drop back in between its key hourly moving averages, so the expiries may not be the most impactful one on the day. The 100-hour moving average at 1.0461 is the first near-term topside level to watch but if there is reason for buyers to push further, the expiries are likely to keep a lid on things before rolling off later.

Then, there is one for USD/JPY at the 152.00 level. It is not one that holds any technical significance, so there might not be too much impact besides a slight pull for the session ahead. Again, the bigger driver for the pair right now remains the bond market. So, it would be more prudent to keep a closer watch on that.

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.