March 13, 2025 at 06:40AM
There are a couple to take note of on the day, as highlighted in bold.
The first ones are for EUR/USD at the 1.0850-60 levels. They don’t offer too much in terms of technical significance but could help to hold price action on any downside drafts during the session ahead at least. With the pair backing off slightly after testing the November high of 1.0936, buyers are losing a bit of steam. The 100-hour moving average at 1.0871 is a key focus in terms of near-term levels at the moment.
Then, there is one for USD/JPY at the 148.00 level. Again, it’s not one that ties to any technical significance. And on a week like this, where markets are very much trading to the tune of the risk mood, it’s hard to attach much impact to the expiries at this stage. That will be a considerable factor when viewing the expiries especially for a risk-sensitive pair like USD/JPY.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.