May 21 NY Cut FX Option Expiries

Source: AtoZMarket 2020-05-21

21 May 2020 | AtoZ Markets – The following are the DTCC May 21 NY cut FX option expiries at 10:00 Eastern Time for GBP/USD and USD/JPY

GBP/USD Option expiries in GBP amounts

1.2275 389m

Prior to GBP/USD option expiry for the 21st of May, the pair is trading within the range of 1.219 and 1.2235 with bearish bias. From technical perspective below 1.2200 level GBP/USD is expected to move towards its previous low of 1.2075. However, above 1.2305 zone, we can expect a strong bullish surge towards 1.2525 level.

USD/JPY Option expiry in USD amounts

107.69 484m

Prior to USD/JPY option expiry on the 21st of May, the pair is trading within the range of 107.5 and 107.75 with bullish bias. If we see a persistent price action above 107.35 zone, we can expect USD/JPY move towards 108.35 level as its initial target.

Think we missed something? Let us know in the comment section below.

May 21 NY Cut FX Option Expiries

Subscribe to Our Newsletter!

Subscribe to Our Newsletter!