Forex Top Team

29th in September 2020, Today’s option

EUR / USD: 1.1600 (512 million), 1.1650 (350 million), 1.1700 (263 million)

NZD / USD: 0.6485 (200 million), 0.6580 (350 million), 0.6675-85 (580 million)

AUD / NZD: 1.0910 (1 billion)

USD / CAD: 1.3355 (300 million)

USD / JPY: 105.00 (2.6 billion), 105.10 (375 million), 105.30-35 (1.5 billion), 106.15 (350 million)

EUR / JPY: 122.00 (1.1 billion), 122.60 (1.5 billion), 123.20 (1.8 billion), 124.00 (1.8 billion)

The options that are likely to be involved in today’s price movement are as follows.

USD / JPY: 105.00 (2.6 billion), 105.30-35 (1.5 billion)

EUR / JPY: 122.00 (1.1 billion), 122.60 (1.5 billion), 123.20 (1.8 billion), 124.00 (1.8 billion)

USD / JPY is rising. Below, it is assumed that 105.00 options (2.6 billion) and 105.30-35 options (1.5 billion) are likely to be supported. It is assumed that Coco is likely to become a boathouse because there is a thick sell order at 106.00 above.

EUR / JPY is also rising. Unusually there are many options. Below, it is assumed that options such as 122.00 (1.1 billion), 122.60 (1.5 billion), 123.20 (1.8 billion) will be supported in some places. Above, it is assumed that the 124.00 option (1.8 billion) is likely to be a resistance.

Currently, the power balance at 15 minutes is

AUD> GBP = CHF> EUR> NZD> USD> CAD> JPY

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