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FX option expiries for 15 April 10am New York cut

There are a few to take note of on the day, as highlighted in bold below.The first ones are for EUR/USD at the 1.1750 and 1.1800 levels. The fact of the matter is that markets are looking to turn the page on the US-Iran conflict. And that means running with the optimism so far this week, in hopes that there will be a deal after the second round of talks on Thursday.The dollar has continued to stumble this week as such, with EUR/USD now testing the waters near 1.1800 again. The figure level had previously been a bit of a stubborn resistance point and might act up again this time around. That being said, the bigger driver of price action remains the dollar sentiment and overall risk mood.For now, markets are calmer and that might lend a hand to the expiries in having more of an impact in keeping price action closer to the figure level before US trading.Likewise, the same can be said for the ones for USD/JPY at the 158.85 level. The expiries don’t tie to any technical significance but could act as a bit of a light magnet for price action during the session ahead. But if risk trades start to perk up or pull back a little, expect that to have a bigger say on price action rather than the expiries above.And lastly, there is the one for AUD/USD at the 0.7125 level. Again, the expiry does not tie to any technical significance and so the impact might be more muted as the bigger drivers of price action are the dollar sentiment and broader market mood for now. But if we are to settle into a bit of a calmer and wait-and-see mood in Europe, the expiries could help to keep a floor on any downside price extensions in the session ahead at least.For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at investinglive.com.

🔗 Source

💡 DMK Insight

EUR/USD is flirting with key resistance levels at 1.1750 and 1.1800, and here’s why that matters: With the US-Iran conflict potentially easing, traders are eyeing these levels for breakout opportunities. A sustained move above 1.1800 could trigger a wave of buying, pushing the pair higher, while a failure to break could lead to a pullback. Watch for volatility as sentiment shifts; if geopolitical tensions ease, the dollar might weaken, benefiting the euro. But don’t ignore the flip side—if tensions flare up again, we could see a rapid reversal. Keep an eye on economic indicators from both regions, as they could influence these levels significantly. The next few days are crucial; monitor price action closely around these resistance points for potential trading signals.

📮 Takeaway

Watch EUR/USD closely at 1.1750 and 1.1800; a breakout above 1.1800 could signal a strong upward move.

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