A look at what is on the board for today
- EUR/USD: 1.1888 (€571m), 1.1900 (€455m), 1.1925-35 (€855m), 1.1950 (€902m), 1.2000 (€1.3bn)
- USD/JPY: 108.50 ($611m), 109.00 ($840m), 109.50 ($480m)
- GBP/USD: 1.3900 (£450m)
- USD/CAD: 1.2450 ($547m), 1.2500 ($500m), 1.2550 ($645m)
- AUD/USD: 0.7750 (A$719m)
- EUR/GBP: 0.8600-10 (€925m)
A couple of key ones to take note of in the day ahead, as highlighted in bold.
For EUR/USD, there are modest-sized expiries just near 1.1900 but the larger ones are layered above the current spot price with the ones at 1.1925-35 one to be mindful of, since it overlaps with the confluence of key hourly moving averages @ 1.1926.
But the bigger one at 1.2000 is likely to help limit any upside in the pair still.
AUD/USD is also seeing one close to its key hourly moving averages @ 0.7746-56 so that might offer some added attraction around the near-term levels in the session ahead.
Looking out to next week, here's what is on the board for the time being:
EUR/USD
- 1.1990-00 (€863m) 22/3
USD/JPY
- 108.75 ($758m) 22/3
- 108.00 ($2.0bn) 23/3
- 108.12 ($1.8bn) 23/3
USD/CAD
- 1.2600 ($709m) 22/3
AUD/USD
- 0.7750 (A$1.1bn) 23/3
NZD/USD
- 0.7080 (NZ$1.2bn) 22/3
AUD/NZD
- 1.0790 (A$1.6bn) 23/3
For more information on how to use this data, you may refer to this post here.