Forex Top Team

10th in May 2023, Today’s options

 

  • EUR/USD:

1.1070 1.09 billion 1.1150 873 million 1.1100 672 million

  • USD/JPY:

136.00 821 million 135.45 600 million 148.00 412 million

  • AUD/USD:

0.6900 2.75 billion

  • USD/CAD:

1.3600 785 million 1.3450 711 million

Options that could be related to today’s price movement are as follows:

  • EUR/USD:

1.1070 1.09 billion

  • AUD/USD:

0.6900 2.75 billion

USDJPY has a range tendency. On the downside, there are buy orders at 135.00, with options for 11th & 12th expiring, making it a support level. On the upside, there are sell orders at 136.00, with large options expiring on the 10th and 11th, making it a resistance level.

EURUSD also has a range tendency. On the downside, there is a large option expiring on the 11th at 1.0925, making it a support level. On the upside, there are sell orders at 1.1000, with options expiring on the 11th and 15th, making it a resistance level.

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

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

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