Fxo2012 12 Id A64ff552 4111 4e90 A41d 3ff8c4f99e51 Size975.jpg

FX option expires for December 12 10 am New York cut


There are a couple of things to note on the table for today, as noted there bold.

The first one is for EUR/USD at the 1.0500 level. That should help keep price action more contained ahead of the ECB's policy decision later in the day. But from a technical perspective, the pair is pinned down by the major hourly moving averages at 1.0530-40 right now. So, that helps keep things on top of things with the dates and maybe helps keep some traction as well.

Then, there is one for USD/JPY at the level of 152.70. It's not one that offers a lot of technical significance, so the dates may just help keep upside from expanding before it goes ahead. The 50.0 Fib level of the swing low since November is at 152.69 though, so that could work with the dates to help limit short-term volatility.

But keep in mind that the pair broke above its 200-day moving average of 152.01 yesterday already, so there is scope for a higher extension from here if other market conditions align.

The last closing set is the one for AUD/USD at the 0.6450 level. The pair have had a bit of a back and forth week with today's final kick quite encouraging. It comes after the pair tested the April and August lows yesterday, with buyers holding the line for now. The 200-hour moving average is at 0.6429 next before the expiration dates. So, that should offer more of a near-term resistance point because the dates aren't that important.

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



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