Currency option expires May 23 at 10:00 am New York discount


As highlighted below, there’s only one thing you need to jot down for the day. intrepid.

This is for USD/CHF at 0.8975, which is currently located between the 100 and 200 hourly moving averages at 0.8998 and 0.8973, respectively. This could cause price action to corner more between these levels in the coming session – before the futures roll – and the 0.9000 mark could also limit further upsides in the pair in the short term.

However, beware that European PMI data could trigger dollar and bond market movements in the coming session, which could have an additional impact on price movements.

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

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