There are a couple to take note of on the day, as highlighted in bold. The first one being for EUR/USD at the 1.0700 mark. That will once again keep price action more contained, with downside momentum likely to meet a floor at the figure level until the expiries roll off later. Then, there is
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There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0785 level. It isn’t one that offers much technical significance but could act alongside the key daily moving averages at 1.0794-97 in locking any downside price action in the session ahead. The reaction to the French election
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD at 1.0650-60 and the 1.0700 mark. Both should play the role in limiting any material downside before the expiries roll off later today. But given how price action has been behaving, the one at
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD at 1.0690-00 and that is likely to keep price action more contained in the session ahead. There isn’t much else to work with to start the week, so that should see a more muted
There is just one to take note of on the day, as highlighted in bold. That being for EUR/USD at the 1.0700 level. The expiries should keep a floor on price action in the session ahead, if anything else. But the spot price is slightly far away with a more muted mood overall ahead of
There are just two to take note of on the day, as highlighted in bold. And they are both for EUR/USD, pinned on either side of the spot price at 1.0700 and 1.0750. That is likely to lock price action in the session ahead, with more expiries following that up at 1.0650, 1.0700, and 1.0750
Amazon daily chart Shares of Amazon are catching a bid today, rising 3.1% to an all time high. The climb above $192 along with 10.406 billion shares outstanding puts the company above a $2 trillion market cap for the first time. That’s against earnings guidance of $10-14 billion in the current quarter and consensus earnings
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD and they are sandwiching the current spot price at 1.0650 and 1.0700. That is likely to help lock price action at the current levels before we get to US trading later. There will be
There is just one to take note of, as highlighted in bold. That being for EUR/USD and a rather large one at that at the 1.0800 mark. However, the US holiday yesterday and dollar sluggishness on the week has seen price action move beyond the range of what I would’ve expected to be the upper
There are a couple of large ones to take note of, as highlighted in bold. And they are all for EUR/USD, layered between 1.0650 through to 1.0725. That is likely to help lock price action in European trading, before the expiries roll off later in the day. If anything, it suggests the same kind of
There is just one on the board to take note of, as highlighted in bold. That being for EUR/USD at the 1.0700 level. The size of the expiry is a big one so that could keep a floor under the pair in terms of price action for the session ahead. There won’t be much on
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD and they are layered between 1.0700 through to 1.0800, with another large one sandwiching that at 1.0750. As such, price action is likely to keep more muted once again with more of the same
When I look at the July seasonals, there isn’t much in the FX market. The patterns are minor and the moves small as the summer complacency sets in. One thing stands out though: US equities. The S&P 500 has climbed for eight straight years in July with an average gain of more than 3%. Stretching
There are quite a number to take note of on the board for today, as highlighted in bold. But the caveat for all of them is that no matter the expiry sizes, trading sentiment today will be largely driven by the bond market and that will depend on what we get from the US non-farm
There are a couple to take note of for EUR/USD, as highlighted in bold. But they are a little distance away at 1.0550 and 1.0575 with another decently large one at 1.0600. The figure level doesn’t really offer too much technical significance and in fact, so do the other two significant expiry levels today. But
The US dollar continues to lose ground ahead of today’s non-farm payrolls report. That’s helped to boost EUR/USD up to 1.0558. For the 10am NY cut, there are some huge expiries today, both in the 1.0650 range and 1.0450 range. The euro options expirations aren’t the only notable ones with some big Aussie numbers rolling
Before we get into October, let’s take a look back at how the seasonals did in September. At the end of August, I highlighted some trends in the month, including weakness in the S&P 500 and MSCI world index. Ultimately, both stuck to the seasonal script. Another one I highlighted was yen weakness (USD/JPY rose
If you’re a trader who only believes in seasonals then today is the day to buy stocks. There’s a dip and September is finishing on a weak note. Of course it looks bad right now but that’s how it always looks when sentiment is bad. As a reminder, you only need to go back a
There are a couple to take note of, as highlighted in bold. But for a month-end and quarter-end date, there aren’t too many significant option expiries to be wary about. The first for EUR/USD is at 1.0600 and is a relatively large one, so it adds to a defensive layer at the figure level alongside
There are a couple of large ones to take note of, as highlighted in bold. The first being for EUR/USD near the 1.0600 mark, similar to yesterday. That should keep a lid on price action in any push higher amid an extension of the ranges for today. Sellers remain in control, so offers at the
We’re closing out September with poor returns for equity markets. That shouldn’t have been a big surprise if you follow the seasonals I posted in late August. In general, seasonals are more valuable than they’re given credit for. They really shouldn’t work in an efficient market but they do. At worst, they’re another tool to
There are a couple to take note of on the day, as highlighted in bold. The first being a set of expiries for EUR/USD at 1.0740-50, which could keep price action more limited closer to said levels before rolling off later in the day. As for technical upside, the 1.0800 mark remains a key line
There are a couple of large ones to take note of for the day, as highlighted in bold. The first few being for EUR/USD at 1.0875 and 1.0900 but both levels don’t really hold much technical significance. The charts are showing that price action has room to roam between its 200-day moving average at 1.0810
There are a couple to take note of on the day, as highlighted in bold. The first being for EUR/USD near the 1.0800 mark and that could see price action be more drawn to the figure level as the 200-day moving average at 1.0805 is also of keen interest at the moment. Buyers will be
There are a couple to take note of, as highlighted in bold. The first ones being for EUR/USD with large ones at 1.0800 and 1.0900-10 being the more significant ones I would say. The former sits near key technical levels as supported by price action yesterday while the latter keeps just below the 100-day moving
There are a couple to take note of, as highlighted in bold. The first ones being for EUR/USD, which I would say the expiries at 1.0800 would be more of a significant factor if we do see price action roam towards that level in the session ahead. Such a play would be subject to the
There are a couple to take note of on the day, as highlighted in bold. The first being ones for EUR/USD at 1.0850 and 1.0900. Those are likely to keep price action more contained on the session, before rolling off later today. This comes as the downside momentum continues to hold, with the 100-day moving
There are a couple to take note of, as highlighted in bold. The first being for EUR/USD at 1.0900, which could limit some downside pressure on the session. However, keep in mind that technically we are seeing a break under the 100-day moving average of 1.0930 and that matters more to price action momentum in
There are quite a number to take note of for the day, as highlighted in bold. The big ones being for EUR/USD near 1.0900 as well at 1.1000 and just above that. The expiries at around 1.1000-25 is likely to keep any upside in check before rolling off on the day but just be wary
There are a couple to take note of for the day, as highlighted in bold. The first being a bunch of expiries for EUR/USD in the region of 1.1030-50. The largest of them being the one at 1.1050 but put together, there is a lot of interest in and around those levels. If you pair