There are a few expiries to take note of on the day, as highlighted in bold below.The first ones are for EUR/USD at the 1.1700 to 1.1715 levels. The expiry levels don’t tie too much to any technical significance but could act as a bit of an additional floor close by to some key technical levels.The key hourly moving averages are seen at 1.1716-23 currently, with buyers holding near-term control of the pair. The topside continues to see offers and resistance closer to 1.1800. So for any potential downside move, the expiries could help to limit the price extensions in the session ahead. That especially if the underlying risk mood remains more positive, helping to pin down the dollar.Then, there is one for USD/JPY at the 156.00 level. That said, I wouldn’t expect the expiries here to factor into play whatsoever. The currency pair remains heavily dictated by the market mood and also intervention by Japan’s ministry of finance. The latter in particular has been a constant fixture in the past week, with the latest move seen yesterday here.It wasn’t enough to secure a break below 155.00 though and the currency pair bounced back up right after to settle above 156.00 for now. And that is despite the dollar even weakening after markets turned more optimistic on US-Iran developments. Trouble, trouble for the Japanese yen.And lastly, there is a large chunk of expiries for AUD/USD at the 0.7250 level. They don’t tie to any technical significance but could be an anchor for price action in keeping movement more sticky in European trading. But as things stand, dollar and risk sentiment remain bigger drivers of price action so those will have a bigger influence than the expiries as we look to the session ahead.For now, the overall mood is calmer with the dollar little changed and risk trades settling after the strong gains overnight. So, we’ll see what the day ahead brings and if there are more US-Iran headlines to work with.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.
💡 DMK Insight
EUR/USD expiries are clustering around 1.1700 to 1.1715, and here’s why that matters: While these levels don’t have strong technical backing, they could provide a temporary floor as traders position ahead of the expiries. This could lead to increased volatility as we approach the expiry time, especially if the price hovers near these levels. Keep an eye on how the market reacts; a bounce off this range could signal short-term buying interest, while a break below might trigger stop-loss orders and further selling pressure. It’s also worth noting that these expiries could impact correlated assets like the DXY index. If EUR/USD holds above 1.1700, it might suggest a weaker dollar, which could ripple through other dollar pairs. Conversely, if we see a drop below this range, it could strengthen the dollar and create a bearish sentiment across the board. Watch for any sudden movements as the expiry time approaches, as they could provide trading opportunities.
📮 Takeaway
Monitor EUR/USD closely around the 1.1700 to 1.1715 levels today; expiries could trigger volatility and trading opportunities.





