There are quite a few expiries to take note of on the day, as highlighted in bold below.
The first ones are for EUR/USD at the 1.1400 and 1.1450 levels. The expiries are likely to act as bookends for price action, keeping things in check to start the new week.
The lower end of the expiries at 1.1400 do sit near the key hourly moving averages, with the 200-hour moving average in particular seen at 1.1397 currently. So, the expiries could add another defensive layer to any downside price extension in the session ahead.
As a whole though, dollar sentiment remains the key driver for the currency pair but is looking more guarded to start the new week with US futures also sitting higher so far. So, that brings a bit of a mixed approach to risk sentiment ahead of European trading.
Then, there are ones for USD/JPY at the 161.75 and 162.00 levels. But similar to before this, the currency pair is largely going to be influenced by intervention risks more than anything else currently. From earlier: Yen-tervention risks remain in focus to start the new week
As such, the expiries may see limited impact but could yet keep a lid on things should the key near-term levels hold for USD/JPY as outlined in the linked post above.
For more information on how to use this data, you may refer to this post here.
