FX option expiries for 30 August 10am New York cut

<p>There are a couple of large ones to take note of for the day, as highlighted in bold.</p><p>The first few being for EUR/USD at 1.0875 and 1.0900 but both levels don't really hold much technical significance. The charts are showing that price action has room to roam between its 200-day moving average at 1.0810 and 100-day moving average at 1.0925. But perhaps the large expiries might keep price action more contained between 1.0875 to 1.0900 before rolling off later in the day.</p><p>That said, we do have German CPI data and ADP employment data to factor in and they could result in bigger reactions to price action later on.</p><p>Then, there is a rather big one for USD/JPY at 145.50 but that is not likely to be a significant pull unless bond yields see reason to drop during the day.</p><p>Besides that, there is one for USD/CAD at 1.3560 which could act as a bit of a magnet in keeping price action more sticky in the session ahead at least.</p><p>For more information on how to use this data, you may refer to this post <a href="https://www.forexlive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.