Currency option expires July 10 at 10:00 am New York discount

As highlighted below, there are a couple of things to note per day. intrepid.

The first is the 1.0920 and 1.0970-80 region for EUR/USD. The current spot price is sandwiched between both major expiration dates, but they are not very relevant in terms of technical significance. Therefore, we may see price action caught in a tighter range between the levels above today, but if there is a significant driving factor i.e. headlines or risk sentiment, the maturity pull may be invalidated.

Then there’s also one for USD/JPY at 143:00 – which isn’t of any technical significance. As such, the pair may stay below that for now, but I wouldn’t be surprised to see the expiry time out of the factor. For now, the pair seems to be catching up with the bond market and this is the main driver to watch out for.

And finally, there is one for AUD/USD at 0.6685 which is currently holding the confluence of the 100 and 200-day moving averages at 0.6683-96. Taken together, this should continue to keep the pair in check as sellers can rely on these levels for a ceiling on price action.

For more information on how to use this data, you can refer to this post here.