2026-01-12 06:03:00
There are just a couple to take note of on the list for the day, as highlighted in bold below.
The first ones are for EUR/USD, layered from 1.1650 through to 1.1700. The pair remains on a descending trend since the turn of the year and the expiries will add a layer to keep price action in check with that regard. The 100-hour moving average sits at 1.1675 currently and sellers are doing well to keep things below the key level since last week. So, the expiries layer will add to that with a secondary defense seen at 1.1700 – holding close by to the 200-hour moving average at 1.1705 at the moment.
But amid Trump’s attack on the Fed independence again, that might draw renewed pressure on the dollar after the currency escaped from further scrutiny following the US jobs report on Friday. So, just keep that in mind as we also build towards the crucial US CPI report tomorrow.
Besides that, there is also one for USD/JPY at the 158.00 level. It isn’t one that holds much technical significance but the expiries could just lock price action down a little amid a struggling dollar, raising questions about the potential breakout from Friday.
The pair previously had held key resistance around 157.75-90 but pushed for a break at the end of last week, though falling short of closing above the 158.00 figure level. So, the expiries could yet keep things in check in European trading should the dollar keep under some slight pressure from the Trump vs Fed headlines.
For more information on how to use this data, you may refer to this post here.
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