FX option expiries for 30 July 10am New York cut

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

The first one being for USD/JPY at the 155.00 mark. It’s a key area where offers are also lined up, so the expiries will add to a bit of resistance in preventing any major upside extension in the session ahead. Just be wary that there will be large expiries at the same level for tomorrow as well.

Then, there is one for EUR/GBP at the 0.8450 level. It isn’t one that holds much technical significance but it rests near the overnight high. If anything, it could limit keep a lid on price action in the session ahead before the expiries roll off later. That considering the euro will be in focus amid key data in the region coming up.

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.