It looks bad out there. It’s been a rough year for stock markets and futures are pointing to another drop today after a strong non-farm payrolls report. Thursday’s CPI data is a major risk as well. One thing you could argue is that sentiment is already washed out and that the bears are everywhere. I’m

<p>Those of significance coming up today:</p><p> EUR/USD</p><p>0.9800 EUR2.07bn</p><p>1.0100 EUR1.97bn</p><p>0.9900 EUR1.52bn</p><p>USD/JPY</p><p>143.00 USD425mn</p><p>143.50 USD380mn</p><p>GBP/USD</p><p>1.0800 GBP807.3mn</p><p>1.0923 GBP668.5mn</p><p>1.1300 GBP584.9mn</p><p>EUR/GBP</p><p>0.8700 EUR1.09bn</p><p>0.8990 EUR1.03bn</p><p>USD/CAD</p><p>1.3885 USD900mn</p><p>NZD/USD</p><p>0.5785 NZD408mn</p> This article was written by Eamonn Sheridan at forexlive.com. Source link

At the start of September, I wrote about the seasonals and warned that it was a bad month for stock markets with a note that it was the worst calendar month for the S&P 500. It certainly delivered with an 8.7% decline. In FX, the US dollar continued its year-long parade higher in September. It

There is just one to take note of, as highlighted in bold. That being for AUD/USD at 0.6550, though it does not hold much technical significance at this stage. The 0.6500 handle itself is a more interesting point with price action holding closer to that and looking towards the 61.8 Fib retracement level of the

There are a couple of large ones to take note of, as highlighted in bold. All of which are for EUR/USD but their significance and relevance is only come into play in the aftermath of the US jobs report later in the day. Towards the downside, the pair has recently held close to 0.9900 so

August was a story in two parts with the risk rally continuing in the first half with the S&P 500 peaking on August 16 followed by a sharp reversal to finish on the lows. Most markets followed a similar path, including the US dollar index, which bottomed on August 11. That two-part move didn’t make

There is one to take note of, as highlighted in bold. That being for EUR/USD at parity, which could attract price action to be more anchored around current levels. The dollar is weaker across the board though as risk sentiment picks up on the day. S&P 500 futures are now up 1% and with a

There are a couple to take note of, as highlighted in bold. The ones for EUR/USD are likely to keep price action more sticky and anchored around current levels, as traders are also seeing little appetite so far today amid the narrow ranges. It’s one of those summer lull kind of days in Europe and

There are a couple to take note of for the day, as highlighted in bold. Let’s dive into the ones for EUR/USD first. The expiries at 1.0200 may help to limit any downside push before rolling off as they also hold close to the 100 and 200-hour moving averages at 1.0195-10 at the moment. Meanwhile,

There are a number of large ones to take note of, as highlighted in bold. The ones for EUR/USD is likely to keep price action more anchored around current levels with the lower end of the expiries residing at 1.0100 – which is roughly where the lower end of the recent range for the pair

Just a couple to take note of, as highlighted in bold. That said, they might not be of much significance given that the expiries are trading some ways off from the current spot price. In the case of EUR/USD, price action remains somewhat capped by key resistance from the 50.0 Fib retracement level at 1.0283.

There are a couple to take note of for today, as highlighted in bold. The one for EUR/USD is likely to act as a cap to price action, if we do see some upside push in the pair that is. Last week’s highs around 1.0269-78 will also be a short-term resistance point to watch alongside

There are a couple of sizable ones to take note of, as highlighted in bold. That said, all of which may be quite a distance to the spot price to matter all too much. Among those, I’d be watching the one for USD/JPY at 134.00 as considering the market mood, that could be a plausible

There’s quite a bit of change to the expiries board for today and tomorrow, with a host of expiries seen for EUR/USD tomorrow. That said, there are only a couple of large ones to be mindful of between 1.0540 to 1.0600. Interestingly, there are also some largish expiries for USD/JPY again after a period of

There are a couple to take note of on the day, as highlighted in bold. The first being for USD/JPY but given current price action centering around 135.00, we are unlikely to see the expiries at 134.00 come into play. Even before that, the technicals suggest that support will come in around the key hourly

There is just one particular expiry to take note of for the day, that being for EUR/USD at 1.0415 considering its size. That said, the technical significance around 1.0400 matters more to the euro as a form of support level for the time being but the expiry today could offer some attraction in keeping price

There isn’t much of anything significant on the board for today, though there are some large ones for EUR/USD on either side of the current spot price. That said, there is near-term support around 1.0630-40 before the expiries around 1.0600 come into play, so there isn’t much technical significance to attach to the latter i.e.

There are a couple to take note of for today, so let’s get right into it. The first being a layer of expiries for EUR/USD from 1.0740 through to 1.0800. There are large chunks in between that, which adds a layer of resistance in capping any potential upside move on the day. For now, the

There are a couple of large expiries to take note of for the day. The first will be a massive set of expiries for EUR/USD at 1.0590-00 but given where the spot price currently is, the expiries won’t be much of a factor despite the prodigious size. But the expiries at 1.0750-60 and 1.0800 may

May was another volatile month in global markets. It’s also a year where the typical seasonal patterns haven’t had a great run. Looking back at May, the seasonal trend was for strength in USD and weakness in AUD. In the early part of the month, that was a fantastic trade as AUD/USD broke down to

There isn’t much on the board to take note of for the day and with it being a US holiday, there isn’t much interest for the most part as such. There will be a mammoth set of expiries for EUR/USD at 1.0590-00 tomorrow but that is quite a distance from the current spot level, so

There are a couple to take note of for the day, so let’s get right into it. The most notable one will be for EUR/USD as price pushes higher amid dollar softness, with the expiries layered around 1.0760-80 perhaps helping to cap price action. Meanwhile, the large spread for USD/JPY around 127.00 could also see

There are a couple of large ones on the board for today but more notably for USD/CAD at 1.2990-00 and 1.3040-50. The expiries do keep near some notable technical levels, with the 100-hour moving average in the pair sitting at 1.3000 and 200-week moving average at 1.3040. That could keep price action more sticky for

The headliner for the April seasonals package was that risk trades had room to continue to run. That didn’t turn out to be the case at all but some of the seasonal trades still worked. For instance, our first pick was AUD/JPY longs. That pair made some good headway in April and still finished the

There are a couple of large ones to take note of for today, namely for EUR/USD around 1.0725-50 and AUD/USD at 0.7220. That said, given recent dollar strength and the technical predicaments, the expiries above may not hold too much pull in my view. Looking at the ones for EUR/USD, price action is more or

Just a couple to take note of for the day, that being large ones for EUR/USD at 1.0900-05 and USD/CAD at 1.2500. I highlighted the significance of the former earlier here, after the euro got a bit of a boost to push above 1.0900 following more hawkish remarks by ECB vice president Luis de Guindos.

There are a couple of big ones to take note of for the day, namely for EUR/USD at 1.0800 and USD/CAD at 1.2590-00. The former will add to some resistance at the figure level after the break lower in EUR/USD, with key near-term levels adding an extra layer of defense for sellers at 1.0824-50. But

There isn’t anything too notable on the board for today, though there are decent-sized expiries for USD/CAD around 1.2550-60. That said, I don’t see that as being too much of a draw though the 200-hour moving average does sit at 1.2561 and is limiting gains for the time being. With the lack of interest ahead

EUR/USD is holding up 0.3% on the day, trading around 1.0910 at the moment. While the dollar is holding slightly firmer across the board, the euro is getting some respite from the results of the first round of the French election yesterday. Macron has a decent lead but the runoff on 24 April may be

There’s a decent-sized one for USD/JPY at 124.00 but it’s not exactly one that may be of too much significance. That said, the technical level in itself has proven to be a bit of an impediment to any upside price action recently so the expiries may add another layer to that. I mean price action