FX possibility expiries for six May 10am New York reduce

There is just one to take note of on the board for today, as highlighted in bold.

That being for EUR/USD at the 1.1325 level. The expiries match up with the 100-hour moving average, which alongside the 200-hour moving average at 1.1347 might help to keep a lid on price action in the session ahead. The dollar is in a calmer mood after having falling slightly yesterday before a bit of a recovery late on and earlier today.

The price action to start the week is not indicative of much, as traders continue to wait on trade developments for the most part. There’s also the prospect of the Fed coming up later in the week. And by that, I mean Trump’s reaction to when the central bank leaves interest rates unchanged.

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