FX markets consolidated overnight as the major pairs took a breather from the prior day’s heavy moves in which the greenback advanced on safe-haven demand and as its high-beta counterparts suffered amid the stock sell-off. As such, EUR/USD languished below the 1.1400 handle.
Option expiries of note for today's 15:00 GMT:
EUR/USD: 1.1350 (0.622 BLN), 1.1375 (0.720 BLN), 1.1400 (1.0 BLN), 1.1450 (0.588 BLN), 1.1475-80 (1.7 BLN), 1.1490-1.1500 (1.4 BLN), 1.1520-25 (1.4 BLN).
My short @ 1.1459 with a target @ 1.1236 and a stop shy above November high @ 1.1507 is looking good going into the Thanksgiving holiday.
Option expiries of note for today's 15:00 GMT:
EUR/USD: 1.1350 (0.622 BLN), 1.1375 (0.720 BLN), 1.1400 (1.0 BLN), 1.1450 (0.588 BLN), 1.1475-80 (1.7 BLN), 1.1490-1.1500 (1.4 BLN), 1.1520-25 (1.4 BLN).
My short @ 1.1459 with a target @ 1.1236 and a stop shy above November high @ 1.1507 is looking good going into the Thanksgiving holiday.
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