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EURUSD 1.1745-1.1750 Expiries Pin Price Between 100-Hour and 200-Hour MAs

FX option expiries for the May 12 10am New York cut focus on EUR/USD strikes at 1.1745-1.1750, positioned between the 100-hour moving average at 1.1758 and 200-hour at 1.1734, potentially causing mild pinning during the session. On May 11, expiries highlighted a broader EURUSD block at 1.1725-1.1750, alongside USD/CAD concentrations at 1.3650-1.3660 and USD/JPY above 157.00 with intervention risks. Dollar sentiment is mixed but modestly firmer, 1.1800 caps upside, while US-Iran geopolitical headlines remain the primary override risk.

Category

EUR/USD

Sentiment

Bearish

Event

Institutional flow

Reading time

1 min