Currency option expires May 26 at 10:00 am New York discount


As highlighted here, there is only one thing to be aware of. intrepid.

This is close to 1.0800 for EUR/USD, which contributes to the 100-day moving average of 1.0815 alongside technical resistance and bids at the figure level. This could come into play if we see a notable rebound in price action in the coming session, but I’d bet such a move is unlikely.

Similarly, there are big maturities around 1.0650-65 but sellers will need to break above 1.0700 first to kick it in. There is no technical significance for any particular region, so the bearish momentum in EUR/USD doesn’t mean much unless it accelerates.

Besides, there is a good level at 140.00 for USD/JPY, but the technical/psychological significance of this level already carries a lot of weight in itself. So, beware that dollar bulls will be a key level to break before the weekend.

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

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