Forex Top Team

14th in June 2023, Today’s Options

 

  • EUR/USD: 1.0675 – 514 million 1.0700 – 1.3 billion 1.0715 – 465 million 1.0730 – 1.1 billion 1.0750 – 360 million 1.0770 – 444 million 1.0800 – 3.4 billion
  • GBP/USD: 1.2700 – 400 million
  • USD/JPY: 138.00 – 451 million 138.45 – 659 million 138.75 – 361 million 139.00 – 726 million 139.50 – 776 million 140.00 – 568 million 141.00 – 539 million 141.50 – 633 million
  • USD/CHF: 0.8925 – 642 million 0.9090 – 481 million 0.9125 – 579 million
  • AUD/USD: 0.6700 – 961 million 0.6740 – 338 million
  • USD/CAD: 1.3375 – 749 million 1.3500 – 958 million

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

  • EUR/USD: 1.0700 – 1.3 billion 1.0730 – 1.1 billion 1.0800 – 3.4 billion
  • AUD/USD: 0.6700 – 961 million
  • USD/CAD: 1.3500 – 958 million

USDJPY is trending within a range. Support is expected around 138.48, as there is a significant option expiring on the 22nd at that level. Resistance is anticipated around 140.90-141.10, as there are sell orders in that range.

EURUSD is showing an upward trend. Strong support is expected at 1.0800 with 3.4 billion options. Resistance is anticipated around 1.0850, as there are sell orders and a massive option expiring on the 16th at that level.

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

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