Thursday , 21 November 2024
Home Forex FX option expiries for 22 October 10am New York cut
Forex

FX option expiries for 22 October 10am New York cut

There are just a couple to take note of, as highlighted in bold.

The first one is for EUR/USD at the 1.0850 level. It coincides with the 100-hour moving average currently, which is where price action was held up in trading yesterday. As such, the expiries alongside the key near-term level there should limit any upside extensions in the session ahead at least. Not to mention that there is a large one at the same level there for tomorrow.

Then, there is one for AUD/USD at the 0.6675 level. It isn’t one that holds much technical significance so I wouldn’t the expiries to provide too much of a draw. However, it could still anchor down price action during the session especially with the 100 and 200-hour moving averages seen at 0.6688-00 currently.

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Your email address will not be published.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

US leading Index for October -0.4% vs -0.3% estimate

Prior month -0.3% revised from -0.5%Leading index -0.4% vs -0.3% estimate. One...

US existing home sales for October 3.96M versus 3.93M

Prior month 3.84M annualized rate revised to 3.83MExisting home sales percentage change...

BOE Mann: BOE should hold rates longer to evaluate persistence

BOE Mann (hawk) says:BOE should hold rates longer to evaluate processesCan make...

NZDUSD index moves lower and sellers are in control, but there is some key support holding

The NZDUSD fell sharply last week and in the process fell below...