Forex Top Team

12th in January 2023, Today’s options

 

-USD/JPY:

130.00 381 million

USD/CAD:

1.2900 1.8 billion
1.3650 1.3 billion
1.4000 775 million

 

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

USD/CAD:

1.2900 1.8 billion
1.3650 1.3 billion

 

The USDJPY is trending downward after reports that the Bank of Japan will examine the side effects of large-scale monetary easing at its meeting next week. Below, around 129.50 is assumed to be support. Above, there is a huge option with a 19-day cut at 132.00, which is assumed to be resistance.

EURUSD is range trending. Below, there is a huge option with a 13-day cut at 1.0750, which is supported here. Above, 1.0950 has a large cut option on the 13th and 16th, which is assumed to be resistance.

 

 

Currently, the power balance on the 15 minute foot is

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