FX Option Expiries Overview – April 23, 2026
Spot Levels
- EUR/USD: 1.1701
- USD/JPY: 159.57
- GBP/USD: 1.3491
- USD/CHF: 0.7854
- USD/CAD: 1.3671
- AUD/USD: 0.7147
- NZD/USD: 0.5886
- EUR/GBP: 0.8672
■ Thursday (April 23)
EUR/USD
- 1.1595 (1.5B)
- 1.1600 (0.96B)
- 1.1610 (1.7B)
- 1.1615 (0.82B)
- 1.1625 (1.1B)
- 1.1640 (1.3B)
- 1.1650 (0.44B)
- 1.1675 (1.5B)
- 1.1700 (1.7B)
- 1.1710 (0.69B)
- 1.1795 (0.58B)
- 1.1800 (1.4B)
- 1.1825 (4.9B) ★Largest
- 1.1850 (1.8B)
👉 Spot: 1.1701
→ First, price is firmly pinned to 1.1700
Above that:
1.1800 → 1.1825 (Massive Magnet)
USD/JPY
- 156.80 (0.66B)
- 157.00 (0.52B)
- 159.00 (0.73B)
- 161.00 (0.62B)
👉 Spot: 159.57
→ 159.00 acts as the nearest magnet
GBP/USD
- 1.3420 (0.89B)
- 1.3620 (0.65B)
- 1.3690 (0.65B)
USD/CAD
- 1.3650 (1.0B)
- 1.3875 (1.0B)
👉 Pin near 1.3650
AUD/USD
- 0.7200 (2.1B) ★Largest
- 0.7250 (0.84B)
👉 Strong upside attraction toward 0.7200
■ Friday (April 24)
EUR/USD
- 1.1550 (1.4B)
- 1.1600 (0.9B)
- 1.1650 (1.7B) ★Core
- 1.1750 (0.88B)
- 1.1850 (0.61B)
👉 Core level:
1.1650 (1.7B)
👉 From Thursday’s 1.1825 → Friday shifts significantly lower
USD/JPY
- 157.00 (2.8B) ★Largest
- 159.00 (0.76B)
- 160.00 (1.0B)
- 161.00 (2.4B)
👉 Largest expiry:
157.00 (2.8B)
👉 Very strong downside attraction
AUD/USD
- 0.7200 (0.51B)
■ Summary
Core Theme This Week👇
Thursday → Up
Friday → Down
This is a week where structure changes significantly.
EUR/USD
Thursday
→ 1.1825 (Massive Magnet)
Friday
→ 1.1650 becomes the center
👉 Likely structure:
Rise first, then fall later
USD/JPY
Friday
→ 157.00 (Massive Magnet)
👉 Very strong downside pressure
AUD/USD
→ Continued upside toward 0.7200
■ Trading Strategy
EUR/USD
👉 Thursday first half: Buy dips
👉 Friday: Switch to sell rallies
This transition is extremely important
USD/JPY
👉 Selling rallies in the 159s favored
Targets:
158 → 157
AUD/USD
👉 Buy bias remains toward 0.7200
Professional View
This is a classic structure of:
“Up first → Down later”
Especially for EUR/USD,
Thursday and Friday should be treated as two completely different markets.
