Fxo2022 01 Id Df9dfd96 E5d5 4409 8aa9 5c4a117bbc64 Size975.jpg

FX option expires for January 22 10 am New York cut


There are a couple of things to note on the day, as noted in bold.

The first one is for EUR/USD at the level of 1.0400. That may very well keep price action more stable in the coming session or at least keep any depreciation in the euro more limited amid the threat of new taxes from Trump.

Then, there is one for USD/JPY at the level of 155.50. It's not one that attaches to any technical meaning, so I wouldn't attach too much to the effect of the dates in general.

Support at the 155.00 level remains more important with upside above the 100-hourly moving average of 155.73 – a key near-term level that has maintained an upside push since Monday. If buyers can sustain this, it will free up room for a move between that and the current 200-hour moving average of 156.60.

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



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