There are just a couple of expiries to take note of on the day, as highlighted in bold below.
The first being for EUR/USD at the 1.1400 level. The expiries don’t tie to any technical significance but just like the ones yesterday, it could add another defensive layer to any downside price extensions in the session ahead.
The dip earlier at the start of today saw price action test the figure level before bouncing a little now. As such, the expiries could add on to some bids layered at the 1.1400 mark to keep the currency pair from dropping off too much in European morning trade. That especially with little else on the agenda in the session ahead.
Dollar sentiment remains the key driver with US-Iran headlines back in focus. So, that is the more influential factor in play at the moment.
Besides that, there is one for GBP/USD at the 1.3350 level. Similarly, the expiries don’t tie to any technical significance but the ones here could act more as a magnet for price action in keeping things in check for cable.
That after the rejection from the key daily moving averages near 1.3400 from Monday and Tuesday. So, upside momentum is capped by the key technical levels above.
For more information on how to use this data, you may refer to this post here.








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