Minor FX option expiries for EUR/USD at 1.1500 and EUR/GBP at 0.8550 are unlikely to shift markets before Friday’s non-farm payrolls report.
EUR/USD option expiries at the 1.1500 level may provide limited support, though the pair remains rangebound ahead of the US jobs report. The expiries lack technical significance, with the currency pair trading in a tight 7-pip range today.
Key technical levels include the 100-hour moving average at 1.1529 and the 100-day moving average at 1.1567, which the pair failed to test. A drop below 1.1529 could keep price action in check, while a post-NFP move lower may target the 200-hour moving average at 1.1488.
EUR/GBP expiries at 0.8550 are also expected to have minimal impact, as muted European trading sentiment prevails before the payrolls data. USD/JPY remains a focus, with intervention risks still a consideration.