There are a couple to take note of on the day, as highlighted in bold below.The first ones are for EUR/USD with the main chunk seen near the 1.1590-00 level. The expiries may play a role in limiting upside movement, at least before rolling off later in the day. As such, that could trap price action for the pair during European morning trade at the very least.Then, there is one for USD/JPY at the pivotal 155.00 level. The pair is in a critical spot at the moment and it’s more so about how traders are going to weigh up intervention risks more than anything else. The expiries might help to keep the calm for a bit but I wouldn’t rule out a break with stops being run before the week ends.And lastly, there is one for AUD/USD at the 0.6520 level. It doesn’t tie to any technical significance though, so the impact of the expiries should be rather minimal. The 100-day moving average at 0.6538 is arguably one of the more interesting points, with buyers looking to keep above that in trading today.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know!
This article was written by Justin Low at investinglive.com.
đź’ˇ DMK Insight
EUR/USD is hovering around the 1.1590-00 level, and here’s why that matters: With expiries clustered at this level, traders should be cautious about potential price action. These expiries can create a magnetic effect, limiting upside movement until they roll off later in the day. If you’re day trading, keep an eye on how the pair reacts as we approach this threshold. A failure to break above could signal a short-term bearish sentiment, while a push through might indicate renewed bullish interest. Additionally, consider the broader context—if the dollar strengthens due to upcoming economic data, it could further pressure EUR/USD. Watch for volatility spikes as the expiries approach, especially if any unexpected news hits the wires. The flip side is that if we see a strong bullish breakout above 1.1600, it could trigger a wave of buying, leading to a test of higher resistance levels. So, monitor the price action closely around these expiries, as they could dictate short-term trends in the forex market.
đź“® Takeaway
Watch the 1.1590-00 level for EUR/USD; expiries could limit upside until they roll off later today.






