EUR/USD options expiring at 1.1745-50 levels could anchor price action near key moving averages amid mixed dollar sentiment.
EUR/USD options expiring at 1.1745-50 levels may constrain near-term volatility, as these levels sit between the 100-hour (1.1758) and 200-hour (1.1734) moving averages. The expiries lack strong technical significance but could act as a magnet for price action ahead of the New York cut.
Dollar sentiment remains mixed this week, with EUR/USD capped below 1.1800. Recent US-Iran tensions have provided modest support for the USD, though broader market focus shifts to President Trump’s upcoming trip to Beijing. Geopolitical risks persist as a key driver for trading sentiment in the coming days.
Markets may see limited movement around the expiries unless fresh Middle East headlines emerge, though such developments appear unlikely for now.