RSS FX option expiries for 21 January 10am New York cut

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 RSS FX option expiries for 21 January 10am New York cut

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There are a few to take note of on the day, as highlighted in bold.

And they are for EUR/USD, layered in between the 1.0350 to 1.0420 levels. As the dollar is weaker on Trump's inauguration day, that is pushing EUR/USD back up towards the 1.0400 mark. The expiries above should play a role in keeping price action underpinned, barring any headline swings on tariff plans/denials in the session ahead.

There is some near-term resistance as well around 1.0420-35, so the upper bound of the expiries highlighted above should help to keep things in check as well. But for now, the dollar is on the softer side with EUR/USD buyers in near-term control. So, keep that in mind from a technical standpoint.

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

This article was written by Justin Low at www.forexlive.com.
 
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