June 2 NY Cut FX Option Expiries


02 June, 2020 | AtoZ Markets – The following are the DTCC (Depository Trust & Clearing Corporation) June 2 NY cut FX option expiries at 10:00 Eastern Time for EUR/USD, NZD/USD and EUR/GBP.

EUR/USD Option Expiries in EUR Amounts

  • 1010 1.0bn
  • 1100 1.1bn

Prior to EUR/USD option expiry for June 2 NY cut, the pair is trading within the range of 1.1135 and 1.1120 with bearish bias. From technical perspective, above 1.1165, EUR/USD is expected to move towards reclaiming the 1.1200 level. However, if we see a persistent price action below immediate strong support 1.1100, we can expect a strong bearish surge towards 1.1010.

NZD/USD Option Expiries in NZD Amounts

  • 6280 229m

Prior to NZD/USD option expiry for June 2 NY cut, the pair is trading within the range of 0.6305 and 0.6270 with bearish bias. From technical perspective below 0.6060 level, the pair is expected to move towards 0.5940. However, above 0.6350, we can expect a strong bullish surge towards 0.6500 level.

EUR/GBP Option Expiries in EUR Amounts

  • 8985 425m

Prior to EUR/GBP option expiry for June 2 NY cut, the pair is trading within the range of 0.8915 and 0.8870 with bearish bias. From technical perspective, above 0.9054 resistance zone, we can expect a strong bullish surge towards 0.9324 level. If the price rejects from resistance zone, it has a greater chance to push back lower and revert back to the mean around 0.8700 area in the coming days.

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