FX option expiries for 5 August 10am New York cut ...Middle East

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FX option expiries for 5 August 10am New York cut

There are just a couple to take note of on the board for the day, as highlighted in bold below.

They are all for EUR/USD layered in between the 1.1500 to 1.1600 mark. And the expiries are also resting in and around the 100 and 200-hour moving averages, seen at 1.1499 and 1.1589 respectively. As such, price action will have more reason to continue to track in between the two key hourly moving averages in European trading.

    That before we get to US trading where the ISM services PMI might offer something for traders to act upon.

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

    Head on over to investingLive (formerly ForexLive) to get in on the know!

    This article was written by Justin Low at investinglive.com.

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