Forex Top Team

11th in May 2023, Today’s Options:

 

  • EUR/USD:
    • 1.0895-1.0900: 1.7 billion
    • 1.0925: 1.7 billion
    • 1.0950: 1.1 billion
    • 1.0985: 1.5 billion
    • 1.1000: 1.5 billion
    • 1.1040-50: 1.4 billion
    • 1.1100: 1.3 billion
  • GBP/USD:
    • 1.2435: 485 million
    • 1.2550-65: 300 million
  • USD/JPY:
    • 133.00: 514 million
    • 134.00: 990 million
    • 134.65-75: 630 million
    • 135.00: 441 million
    • 135.15-25: 800 million
    • 135.55: 561 million
  • USD/CHF:
    • 0.8800: 240 million
    • 0.8840: 446 million
    • 0.9000: 224 million
  • AUD/USD:
    • 0.6650-60: 1.1 billion
    • 0.6725: 250 million
    • 0.6750: 480 million
    • 0.6800: 660 million
  • USD/CAD:
    • 1.3600: 785 million
    • 1.3450: 711 million
  • EUR/JPY:
    • 143.80: 477 million

The following options are likely to affect today’s price movements:

  • EUR/USD:
    • 1.0895-1.0900: 1.7 billion
    • 1.0925: 1.7 billion
    • 1.0950: 1.1 billion
    • 1.0985: 1.5 billion
    • 1.1000: 1.5 billion
    • 1.1040-50: 1.4 billion
    • 1.1100: 1.3 billion
  • USD/JPY:
    • 134.00: 990 million
  • AUD/USD:
    • 0.6650-60: 1.1 billion

USD/JPY is showing a downward trend. Support can be found at 134.00 with 990 million options. Resistance is expected at 135.00, where significant options are set to expire on the 11th and 12th.

EUR/USD is ranging. Support is seen at 1.0895-1.0900 with 1.7 billion options. Resistance is expected at 1.1000 with 1.5 billion options.

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

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