FX option expiries for 15 April 10am New York cut

Author: Justin Low | Category: Forex Orders

A look at what is on the board for today

A couple of key ones to take note of, as highlighted in bold.

For EUR/USD, there are quite a number of chunky ones in and around the current levels - which could offer some added pull in keeping price action below resistance @ 1.1990-00.

The large one at 1.1900 also sticks closer to the 200-day moving average so that might offer traders some added interest to defend the level in case of any downside pressure.

For USD/JPY, there are big ones just above 109.00 so that might either keep things more sticky or act as a ceiling for gains (100-hour moving average seen near 109.29) as the chart continues to suggest the likelihood of a further run lower.

Meanwhile, there are also quite a number of modest-sized ones for AUD/USD around 0.7730-65 to be wary of - adding to the 61.8 retracement level of the swing lower from 18 March to 1  April @ 0.7728, which is limiting price gains on the daily for now.

All that said, the reaction to the US retail sales data later today is also a key factor to consider so there's also event risk to consider for price action in the day ahead.

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