Forex Top Team

5th in May 2023, Today’s Options

 

EUR/USD: 1.1100 2.88 billion 1.1000 1.67 billion 1.0900 1.58 billion

USD/JPY: 133.50 1.38 billion

AUD/USD: 0.6630 755 million 0.6600 736 million

USD/CAD: 1.3695 1.87 billion 1.3685 1.76 billion 1.3525 515.5 million

 

Options likely to affect today’s price movements are as follows:

EUR/USD: 1.1100 2.88 billion 1.1000 1.67 billion 1.0900 1.58 billion

USD/JPY: 133.50 1.38 billion

USD/CAD: 1.3695 1.87 billion 1.3685 1.76 billion

 

USD/JPY is on a downward trend. Below, 133.50 1.38 billion acts as support. Above, there are sell orders at 136.00, and larger options for the 10th and 11th cuts are expected to provide resistance.

EUR/USD is in a range-bound trend. Below, 1.1000 1.67 billion acts as support. Above, 1.1100 2.88 billion is expected to be a significant resistance.

 

Currently, the power balance on the 15-minute chart is:

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

More Insights