Forex Top Team

5th in July 2023, Today’s options:

  • EUR/USD: 1.0900 2.7 billion 1.0950 385 million 1.1000 1.5 billion
  • GBP/USD: 1.2400 391 million 1.2530 736 million 1.2575 1.1 billion
  • USD/JPY: 143.00 410 million 145.25 680 million
  • USD/CHF: 0.9100 400 million
  • AUD/USD: 0.6800 410 million
  • EUR/GBP: 0.8625 335 million 0.8700 462 million

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

  • EUR/USD: 1.0900 2.7 billion 1.1000 1.5 billion
  • GBP/USD: 1.2575 1.1 billion

USD/JPY is exhibiting a ranging trend. Support can be found at 144.00, where there is a large option expiring on the 6th day. Resistance is anticipated at 145.00, where there is a significant sell order and a large option expiring on the 6th day.

EUR/USD is also exhibiting a ranging trend. Support can be found at 1.0800, where there is a buy order and a 7-day expiry option. The significant resistance is expected at 1.0900, which has an option volume of 2.7 billion.

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

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

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