FX option expiries for 7 August 10am New York cut

<p>There is just one to take note of for the day, as highlighted in bold.</p><p>That being a large set of expiries for EUR/USD at 1.0940-50, which may limit price action a little to the downside during the session ahead. But the more important supportive technical level is the 100-day moving average and that is seen at 1.0921. But given a lack of push factors to start the week, the expiries could keep price action as it is before rolling off later today.</p><p>There is also a big for EUR/GBP at 0.8550 but is unlikely to come into play given the narrow range for the pair and without any key drivers on the session.</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.