FX Option expires April 26 at 10:00 a.m. in New York


There are a few big ones to consider for today, namely for EUR/USD around 1.0725-50 and AUD/USD at 0.7220.

That said, given recent dollar strength and technical difficulties, the above expiries might not hold too much appeal in my view.

As for EUR/USD, price action is more or less testing new lows for the year, with sellers exerting downward pressure to continue a move below 1.0700. But expiries can at least help limit any upside before rallying, not that the dollar needs that much help just yet.

Meanwhile, the AUD/USD one is huge but doesn’t add any technical significance, so it might pull in the price action a bit, but I can’t see much else to be honest.

The dollar has been in a league of its own for the past few days and it could be difficult to change that narrative at the Fed next week.

For more information on the use of this data, you can refer to this article here.


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