FX option expiries for 20 February 10am New York cut

There are a few to take note of on the day, as highlighted in bold.

The major ones are for EUR/USD, layered in between the 1.0400 to 1.0450 level. The pair itself also continues to be stuck within this range technically, with the 100-hour moving average seen at 1.0460 and 200-hour moving average seen at 1.0411 currently. As such, the expiries should also play a role in limiting price movements in between that for the session ahead at least.

Then, there is one for AUD/USD at the 0.6375 level. It isn’t one that has any technical significance but it rests near the highs for the week. As such, the expiries could keep a lid on price action before rolling off. That especially with the risk mood keeping more cautious as equities are lower ahead of European trading.

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.