FXO 18-04

With notable market closures in observance of Good Friday and Easter Monday, the expiries board is rather light today and even more so at the start of next week. There is just one minor one for EUR/USD at 1.1390 that could keep a lid on price action, considering the much thinner liquidity conditions. That said, there could be exacerbated price moves during this period amid the lesser interest and heavily reduced market flows. So, I wouldn't put too much emphasis on the expiries above.

In any case, trading sentiment as a whole continues to ride on the broader market mood and anticipation of headline risks. On the latter, it's still all about Trump's tariffs and trade - especially concerning US and China. So, that's the bigger consideration.

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Source: Forex Live