Thursday , 7 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Your email address will not be published.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

Japan yen intervention official closely watching market moves with high sense of urgency

Atsushi Mimura is Japan's vice finance minister for international affairs, AKA 'top...

Japan September wages data – real wages -0.1% y/y

Japan wages data shows that 'real' wages, ie after adjustment for inflating...

USD/CAD extends upside to near 1.3950, Fed rate decision in focus

The USD/CAD pair extends the rally to near 1.3940 during the early...

GBP/USD backslides in broad-market Greenback rally

GBP/USD tumbled back below the 1.2900 handle on Wednesday as markets splurged...