A look at what is on the board for today
A couple of key ones to take note of, as highlighted in bold.
With EUR/USD breaking above its 200-day moving average and 1.1900 handle, that should open up the path to a potential further retracement towards near 1.2000. As such, the larger expiries at 1.1850 may be of little impact in the day ahead.
USD/JPY was on the retreat yesterday amid weaker Treasury yields and that seems to be holding for now, with 10-year yields close to a soft bottom near 1.60%.
As such, the larger expiries at 109.15 may add to some stickiness in price action if sellers are to try and go in search for a play later in the session.
Meanwhile, there's also a big one for USD/CAD at 1.2600 - which may have offered some pulling factor in trading this week, capping gains.
Price action is lingering around its key hourly moving averages @ 1.2573-78 for now but any further upside in the session ahead may stall near the expiries at the figure level.
For more information on how to use this data, you may refer to this post here.
