FX option expiries for 6 September 10am New York cut
<p>There are a couple to take note of on the day, as highlighted in bold.</p><p>The first being a set of expiries for EUR/USD at 1.0740-50, which could keep price action more limited closer to said levels before rolling off later in the day. As for technical upside, the 1.0800 mark remains a key line to watch in the bigger picture alongside the 200-day moving average at 1.0820.</p><p>Then, there is the one for USD/CAD at the 1.3600 mark. However, the figure level doesn't hold any technical significance so it might not factor into play in the session ahead.</p><p>In any case, the bond market remains the key driver of trading sentiment for now and I'd look to that more so than the expiries above for a feel of things in the day ahead – especially in US trading.</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.
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