Forex options expiring today

There are several levels worth paying attention to throughout the day, as highlighted in bold. The first is for EUR/USD, with expirations near the 1.0400 level. The failure of the pair to hold above 1.0500 has led to increased selling, pushing the price movement in the opposite direction throughout the week. This is further supported by a stronger dollar following Trump’s recent trade maneuvers. In any case, these expirations could limit price movement and hold off any potential rebound until U.S. trading begins today.

The next key level is for USD/JPY at the 150.00 mark. The pair is holding above the 148.63 level, the low from January, but the upward momentum remains weak. This critical level continues to be difficult to break, especially with the 200-hour moving average at 150.15 exerting pressure. Therefore, expirations are likely to limit price movement at least until the release of the U.S. PCE price index later in the day. Also, keep in mind that end-of-month flows are still having an impact.