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FX option expiries for 26 February 10am New York cut

There are just a couple to take note of on the board for the day, as highlighted in bold below.They are all for EUR/USD lined up in between the 1.1800 to 1.1825 level. Given the lack of key catalysts in the session ahead, the expiries could act as bookends for price action in European morning trade. That especially now that we’re seeing price nudge back just above the 1.1800 mark on the day.The key hourly moving averages are lined up around 1.1791-06 currently, so that will also provide a bit of a floor in terms of managing the downside. The expiries at 1.1820-25 don’t tie to any technical significance but as mentioned, could act as a magnet to limit the upside potential in the event of any price range extensions.In terms of economic data, the US weekly jobless claims is the only notable thing on the agenda today. As such, traders will be left to their own devices mostly in digesting Nvidia’s earnings, geopolitical concerns, and any further tariff headlines in the day ahead.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”— Source

đź’ˇ DMK Insight

EUR/USD is hovering between 1.1800 and 1.1825, and here’s why that matters right now: With no significant catalysts on the horizon, these expiry levels could dictate short-term price action. Traders should watch for potential volatility as positions are unwound around these key levels. If the pair breaks above 1.1825, it could signal a bullish momentum shift, while a drop below 1.1800 might trigger a bearish response. Given the current market sentiment, this range is crucial for day traders looking to capitalize on short-term fluctuations. But don’t overlook the potential for consolidation; if the pair remains range-bound, it could lead to a buildup of positions that might explode in either direction once a catalyst does appear. Keep an eye on broader market indicators, like U.S. economic data releases, which could impact the euro-dollar dynamic. For now, focus on these levels and prepare for possible breakouts or reversals as traders react to the expiry mechanics.

đź“® Takeaway

Watch the 1.1800 to 1.1825 range in EUR/USD; a breakout could signal a strong move in either direction.

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