FX option expiries for 8 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.

Once again, the two pairs to watch are EUR/USD and USD/JPY. For the former, there are large expiries sandwiching price action currently so that may limit any outsized movements on the day with the 200-day moving average @ 1.1882 also in focus.

As for the latter, the pair continues to flirt with a drop below 110.00 but sellers are finding it tough to chase further downside momentum - hovering between 109.60 to 109.90 - with Treasury yields also little changed yesterday.

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The 50.0 retracement level @ 109.69 only adds to some support for buyers in the meantime with the expiries noted above providing some additional layer perhaps.

That said, a lot still rides on sentiment in the Treasuries market for the dollar and yen.

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

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