FX Option expires August 9 at 10:00 a.m. in New York


There are a few to note, as highlighted in bold.

Those in EUR/USD should keep price action more rigid and anchored around current levels, as traders also see little appetite so far today in tight ranges. It’s one of those summer lull days in Europe and should see price action hold near 1.0200 as such.

Meanwhile, that of USD/JPY isn’t too big despite its size as the pair continues to hold below 135.00 in general currently. The pattern level remains the critical resistance point to watch for any noticeable movement in the pair.

As for the USD/CAD one at 1.2900, it also doesn’t have too much technical significance as the pair is mired between its 100 and 200 hourly moving averages at 1.2851 and 1.2874 at the moment. .

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


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