There are just a couple of expiries to take note of on the day, as highlighted in bold below.
They are for EUR/USD at the 1.1745-50 levels. These don’t tie too much to any technical significance but they do sit in between key near-term technical levels. The 100 and 200-hour moving averages rest at 1.1758 and 1.1734 respectively. So, the expiries are placed in between that layer and perhaps may offer some pull in keeping price action more grounded in the session ahead.
Dollar sentiment has been a little mixed to start the week with the 1.1800 mark still capping EUR/USD upside for now. And with US-Iran developments being dealt a setback, we’re now seeing the dollar push up a little today. It’s not much but it could keep EUR/USD locked closer to the expiries level before rolling off later in the day.
That unless of course we get any headlines from the Middle East to shake things up. However, that is not likely for now as US president Trump is gearing up to prepare for his trip to Beijing tomorrow.
As such, markets will be sidetracked a little as the US-Iran conflict continues to brew in the background. That remains the key risk for trading sentiment for the coming days regardless.
For more information on how to use this data, you may refer to this post here.








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