๐ FX Option Expiries โ April 10, 2026
โ Spot Levels
- EUR/USD: 1.1690
- USD/JPY: 159.20
- GBP/USD: 1.3420
- USD/CHF: 0.7902
- USD/CAD: 1.3823
- AUD/USD: 0.7066
- NZD/USD: 0.5846
- EUR/GBP: 0.8709
โ Friday (April 10)
EUR/USD
- 1.1520 (0.83B)
- 1.1530 (1.9B) โ Largest
- 1.1700 (0.91B)
- 1.1740 (0.61B)
- 1.1800 (1.3B)
๐ Spot: 1.1690
โ Upside magnet: 1.1700 (near-term)
โ Downside anchor: 1.1530 (largest)
๐ Structure:
- Slight upward pull
- Strong downside support
USD/JPY
- 158.00 (1.9B) โ Largest
- 160.00 (0.97B)
๐ Spot: 159.20
โ Clearly defined 158โ160 range
๐ Center of gravity: around 159
GBP/USD
- 1.3500 (0.57B)
๐ Light positioning
โ Limited standalone impact
USD/CAD
- 1.3815 (0.51B)
๐ Spot near strike
โ Likely pin behavior
EUR/GBP
- 0.8700 (0.6B)
๐ Spot: 0.8709
โ Almost perfectly pinned
โ Monday (April 13)
EUR/USD
- 1.1450 (1.3B)
- 1.1640 (0.75B)
- 1.1650 (0.97B)
- 1.1700 (0.58B)
๐ Heavier positioning on the downside
๐ 1.16 zone = short-term balance area
USD/JPY
- 157.50 (0.54B)
๐ Only mild downside pull
GBP/USD
- 1.3550 (0.51B)
USD/CAD
- 1.3700 (0.77B)
- 1.3900 (0.63B)
๐ Distributed both sides
โ More room for trend development
โ Overall Structure (Key Takeaways)
EUR/USD
๐ Upside: 1.1700
๐ Downside: 1.1530 (largest)
๏ผ Slightly bullish range with strong support below
USD/JPY
๐ 158 (major support) vs 160 (ceiling)
๏ผ Fully range-dominated market
โ NY cut likely pulls price back toward the center
EUR/GBP
๐ 0.8700
๏ผ Perfect pinning structure
๐ฏ Trading Strategy (Key)
EUR/USD
โ Sell near 1.1700
โ Buy dips around 1.1650
USD/JPY
โ Mean-reversion trades around 159
๐ Range trading is optimal
EUR/GBP
โ Pure range scalping
๐ Classic pin behavior
โ Final Insight
๐ This is a textbook โrange + pinning marketโ
- Trend trades: โ Low probability
- Breakouts: โ Likely false
- Mean reversion: โ Highest edge
