Currency option expires March 28 at 10:00 am New York outage


As highlighted earlier, there are a few things to note per day. bold.

Those for EUR/USD are layered from 1.0815 to 1.0850. They need to act similarly to what happened yesterday in the same region. All else being equal, expirations will help price action remain more stable around current levels before falling later in the day.

Then there is the 1.2600 level again for GBP/USD. This may help the price stay slightly above the intraday figure level. However, technicals indicate that price action is currently trapped between the 200-day moving average of 1.2589 and the 100-day moving average of 1.2642. So these are bigger levels to watch out for in the coming day.

And finally, there is another level for USD/CAD near the 1.3600 level. This has been a stubborn resistance point for the pair all month and expirations will add to the bids to provide an additional layer of ceiling for price movement.

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

Leave a Reply

Your email address will not be published. Required fields are marked *