Forex Top Team

5th in May 2023, Today’s Options

  • EUR/USD:

1.0775: 590 million 1.0805: 2.5 billion 1.0860: 879 million 1.0900: 1.4 billion 1.0935: 570 million 1.0945: 1.4 billion

  • USD/JPY:

136.00-05: 1.1 billion 137.00: 442 million 138.00: 590 million

  • USD/CAD:

1.3500: 498 million 1.3700: 1.1 billion

The following options seem relevant to today’s price movements:

  • EUR/USD:

1.0805: 2.5 billion 1.0900: 1.4 billion 1.0945: 1.4 billion

  • USD/JPY:

136.00-05: 1.1 billion

  • USD/CAD:

1.3700: 1.1 billion

USD/JPY is showing an upward trend. Support is expected around 136.00-05 with 1.1 billion. Resistance is expected at 138.00 where selling orders exist.

EUR/USD is showing a downward trend. Support is expected around 1.0805 with 2.5 billion. Resistance is expected at 1.0900 with 1.4 billion.

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

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