FX option expiries for 13 October 10am New York cut

  • A look at what is on the board for today
FXO FX OPTION EXPIRIES IL V2

There are just a couple to take note of on the board for today, as highlighted in bold below.

FXO 13-10

That being for EUR/USD at the 1.1635 to 1.1650 levels. The 100-hour moving average at 1.1619 is helping to limit upside price movements currently but the 100-day moving average sits at 1.1635, keeping with the expiries above. That adds to an extra layer in terms of placing a ceiling on price action later today, amid a likely lack of catalysts in European trading.

As such, the expiries could just help to put another defensive layer for sellers in the session ahead. That before we get to US trading to see what will happen and if Trump has anything more to say since the weekend.

For more information on how to use this data, you may refer to this post here.

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