Forex Top Team

22th in May 2023, Today’s options

 

  • EUR/USD:
    • 1.0705-10: 1.5 billion
    • 1.0825-30: 2.8 billion
    • 1.0840-50: 1.1 billion
  • USD/JPY:
    • 136.00: 1.3 billion

Based on the current price action, the USD/JPY pair is showing an upward trend. The support level is at 136.00 with a volume of 1.3 billion. On the upside, there is a selling order at 140.00, which corresponds to an option expiring on the 26th. This level is expected to act as resistance.

As for EUR/USD, it is exhibiting a rebounding upward trend. The support level is around 1.0800, where a larger option expiring on the 26th is present, totaling a significant volume. On the upside, there is a resistance level at 1.0900, also marked by a substantial option expiring on the 26th.

Currently, in the 15-minute timeframe, the power balance among the currencies is as follows:

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

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