Forex Top Team

12th in May 2023, Today’s Options:

 

  • EUR/USD: 1.1100: 896 million 1.1050: 696 million 1.1020: 567 million
  • GBP/USD: 1.2430: 310 million
  • USD/JPY: 135.00: 1.31 billion 133.00: 981 million 125.00: 875 million
  • AUD/USD: 0.6740: 742 million
  • USD/CAD: 1.3700: 821 million 1.3500: 770 million 1.3250: 737 million

Options relevant to today’s price movements are as follows:

  • USD/JPY: 135.00: 1.31 billion 133.00: 981 million

USD/JPY is trending within a range. The support level is expected to be around 133.00 (981 million), while the resistance level is expected to be around 135.00 (1.31 billion).

EUR/USD is showing a downward trend. The support level is around 1.0810, where there is a larger option with an 18-day cutoff. The resistance level is expected to be around 1.0990, where there are sell orders.

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

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

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