EUR/USD, USD/JPY, AUD/USD: Key FX Option Expiries to Watch on June 15

FX Option Expiries: EUR/USD, USD/JPY, and AUD/USD Levels in Focus

Traders should monitor FX option expiries on June 15, particularly for EUR/USD at 1.1600 and 1.1625, which could cap intraday volatility. While these levels lack direct technical significance, they may act as temporary anchors amid broader market dynamics.

The US dollar remains under pressure as risk appetite improves, driven by optimism around the US-Iran nuclear deal and a successful SpaceX mission bolstering tech sector sentiment. These factors are overshadowing near-term expiry pressures, with dollar weakness and risk-on flows likely to dominate price action.

For EUR/USD, a larger expiry at 1.1500 is unlikely to impact trading given the current bullish bias. Meanwhile, USD/JPY hovers near 160.00, with intervention risks from Japanese authorities taking precedence over expiry levels. The pair is expected to trade sideways ahead of the Bank of Japan's policy decision later this week, as Tokyo officials are unlikely to intervene pre-meeting.

AUD/USD faces minor resistance at 0.7075, aligning with its 100-day moving average at 0.7082. This confluence may limit upside unless the dollar extends losses or risk sentiment strengthens further. Traders are advised to await fresh catalysts or reassess dynamics during US trading hours.

Key Levels to Watch:

• EUR/USD: 1.1600, 1.1625 (expiry caps); 1.1500 (larger expiry, low impact)
• USD/JPY: 160.00 (intervention focus, expiry irrelevant)
• AUD/USD: 0.7075 (expiry + 100-day MA resistance)

Disclaimer: This analysis is for informational purposes only. Trading involves significant risk of loss. Consult a financial advisor before making investment decisions.