FX option expiries for 26 January 10am New York cut
There are a couple to take note of, as highlighted in bold.They are both for EUR/USD, seen at the 1.0800 and 1.0850 levels. The former alongside bids at the figure level could help to prevent a steeper drop in the session ahead. This comes as the dollar is keeping more resilient amid a softer risk mood today.Adding to that is a potential break under the 200-day moving average for EUR/USD. The key technical level is seen at 1.0842 currently. And that could help alongside the expiries at 1.0850 to limit any upside turnaround in price action on the day.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.
There are a couple to take note of, as highlighted in bold.
They are both for EUR/USD, seen at the 1.0800 and 1.0850 levels. The former alongside bids at the figure level could help to prevent a steeper drop in the session ahead. This comes as the dollar is keeping more resilient amid a softer risk mood today.
Adding to that is a potential break under the 200-day moving average for EUR/USD. The key technical level is seen at 1.0842 currently. And that could help alongside the expiries at 1.0850 to limit any upside turnaround in price action on the day.
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.