FX Option Expiries Overview – April 27, 2026
Spot Levels
- EUR/USD: 1.1725
- USD/JPY: 159.28
- GBP/USD: 1.3534
- USD/CHF: 0.7847
- USD/CAD: 1.3664
- AUD/USD: 0.7166
- NZD/USD: 0.5885
- EUR/GBP: 0.8660
■ Monday (April 27)
EUR/USD
- 1.1650 (2.3B)
- 1.1700 (2.3B) ★ Major
- 1.1720 (0.71B)
👉 Spot: 1.1725
→ Strong attraction toward 1.1700
→ First focus remains:
1.1700 as the center
USD/JPY
- 158.00 (1.8B)
- 158.50 (1.5B)
- 158.65 (0.52B)
- 159.00 (1.1B)
- 159.40 (0.71B)
- 159.45 (0.78B)
- 159.50 (0.56B)
- 160.00 (1.1B)
- 161.00 (1.2B)
- 161.25 (0.62B)
👉 Extremely dense option structure
👉 A classic pin market centered around:
159.00
AUD/USD
- 0.7130 (0.93B)
👉 Slightly below current spot
→ Good dip-buy candidate
■ Tuesday (April 28)
EUR/USD
- 1.1600 (3.5B)
- 1.1650 (2.7B)
- 1.1680 (1.7B)
- 1.1685 (0.58B)
- 1.1700 (4.1B) ★ Massive
- 1.1725 (2.0B)
- 1.1745 (1.1B)
- 1.1750 (4.5B) ★ Largest
- 1.1755 (1.1B)
- 1.1760 (1.1B)
- 1.1775 (1.7B)
- 1.1780 (1.2B)
- 1.1790 (0.77B)
- 1.1800 (1.7B)
👉 Largest expiry:
1.1750 (4.5B)
👉 Also:
1.1700 (4.1B)
is extremely large
→ This creates a massive range magnet between:
1.1700 – 1.1750
GBP/USD
- 1.3400 (0.96B)
- 1.3500 (0.79B)
- 1.3675 (0.71B)
👉 Spot: 1.3534
→ Market remains highly aware of:
1.3500
AUD/USD
- 0.7050 (0.53B)
- 0.7125 (1.2B)
- 0.7200 (1.3B) ★ Largest
👉 Price is trapped between both sides
but upside attraction remains stronger toward:
0.7200
■ Summary
Biggest Theme This Week 👇
EUR/USD → 1.1700 to 1.1750
This zone contains the largest option concentration.
Especially:
1.1750 (4.5B)
This is one of the biggest magnets of the week.
USD/JPY → Centered at 159.00
→ Rather than breakout trading,
this is more of a:
“159 lock-in market”
AUD/USD
→ Strong attraction toward:
0.7200
■ Trading Strategy
EUR/USD
👉 Buy dips favored
Targets:
1.1700 → 1.1750
Especially:
Around the New York cut
will be very important
USD/JPY
👉 Short-term fade trades around 159
Large directional moves are less likely
AUD/USD
👉 Buy dips targeting:
