FX option expiries for 6 June 10am New York cut

<p>There are a couple to take note of for today, as highlighted in bold.</p><p>The first being for EUR/USD, with a large set of expiries sitting at around the 1.0740-50 region. With there being little to work with in the session ahead, that could be a bit of a magnet and hold price action in place before rolling off later in the day.</p><p>In terms of technical significance, there isn't much with the nearby levels to note being the 100 and 200-hour moving averages sitting at 1.0711 and 1.0718 respectively.</p><p>Then, there is a big one for USD/JPY as well at the 140.00 mark so that is likely to keep a lid on gains on the day. That said, unless the bond market goes running, there is likely to be more limited price action for the pair.</p><p>For more information on how to use this data, you may refer to this post <a href="https://www.forexlive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/" target="_blank" rel="follow">here</a>.</p> This article was written by Justin Low at www.forexlive.com.