FX option expiries for 21 March 10am New York cut | Forexlive

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

The first ones are for EUR/USD in between the current spot price at 1.0800 and 1.0850. That should help to keep price action more anchored in the session ahead after the drop yesterday saw sellers seize near-term control. The overall risk sentiment remains the key driver to watch before the weekend, so just be wary of how that will feed into dollar sentiment as well later.

Then, there is one for USD/JPY at the 149.00 level. It’s a relatively large one and could help to keep the pair holding thereabouts before we get to US trading later. That following the more modest bounce since US trading, off lows of 148.20 in the earlier half of yesterday.

There is also one for USD/CAD at the 1.4300 level but it doesn’t tie to any technical significance. If anything, the expiries should just help to keep the pair underpinned before we get to US trading at least.

And lastly, there is one for AUD/USD at the 0.6300 level. This also doesn’t tie to any technical significance and with the pair right now, there are more dovish signals in play. If risk sentiment starts to falter again, this should quickly feed into further pressure on the aussie. As such, the expiries above may not factor too much into play as the risk mood is the more important element right now.

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