• bitcoinBitcoin (BTC) $ 70,819.00
  • ethereumEthereum (ETH) $ 2,158.33
  • tetherTether (USDT) $ 0.999725
  • bnbBNB (BNB) $ 644.18
  • xrpXRP (XRP) $ 1.41
  • usd-coinUSDC (USDC) $ 0.999837
  • solanaSolana (SOL) $ 91.63
  • tronTRON (TRX) $ 0.310996
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03

FX option expiries for 14 January 10am New York cut

There is arguably just one to take note of on the board for the day, as highlighted in bold below.That being for EUR/USD at the 1.1625 level. It isn’t one that ties to any key technical levels, so I wouldn’t attach too much significance to the expiries above. At most, it might just hold any downside price moves in the event we get some extension to the daily range later in the day. As things stand, the pair is only holding at 13-pip range as we get into European morning trade currently.Perhaps the more interesting bit when looking at the board is that there aren’t many major expiries above the current spot price for USD/JPY. That includes for both today and tomorrow, and more importantly with no big ones layered at the 160.00 mark.The figure level is a pivotal one on the charts, acting as a key psychological barrier as well. And it is one that could be treated as the pain threshold for Tokyo officials before really thinking about intervening in the market. So, the lack of expiries in and around that suggests that there isn’t much to lock price action and the state of play now remains to go with the flow.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.

๐Ÿ”— Source

๐Ÿ’ก DMK Insight

EUR/USD is hovering around 1.1625, but don’t get too excitedโ€”there’s not much technical significance here. Traders should be cautious; while this level might attract some attention, it doesn’t align with any major support or resistance zones. The lack of key technical levels means that any price action could be more influenced by broader market sentiment or economic data releases rather than a specific technical trigger. Keep an eye on upcoming economic indicators from the Eurozone or the U.S. that could sway the pair, especially if they deviate from expectations. Also, watch for potential volatility spikes around these releases, as they could create trading opportunities. The flip side? If EUR/USD does break away from 1.1625, it could signal a shift in sentiment, but until then, itโ€™s wise to stay grounded and not overreact to minor fluctuations. Monitor this level closely, but donโ€™t let it dictate your trading strategy without further context.

๐Ÿ“ฎ Takeaway

Watch EUR/USD at 1.1625 for any signs of volatility, but donโ€™t overcommit without key economic data to back it up.

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