Forex Top Team

11th in July 2023, Today’s Options

  • EUR/USD: 1.0800: 762 million 1.0890: 1.6 billion 1.0925: 467 million 1.0950: 994 million 1.0980: 434 million 1.1050: 380 million 1.1200: 729 million
  • USD/JPY: 143.00: 421 million
  • AUD/USD: 0.6600: 390 million
  • EUR/GBP: 0.8580: 33 million

The options that seem to be relevant to today’s price movements are as follows:

  • EUR/USD: 1.0890: 1.6 billion 1.0950: 994 million

USD/JPY is trending downward. Support is expected around 140.00, where there are large buy orders and significant options expiring on the 17th and 20th. Resistance is anticipated around 142.00-10, where there are sell orders and a significant option expiring on the 13th.

EUR/USD is trending upward. Support is expected around 1.1000, where there is a large option expiring on the 14th. Resistance is anticipated around 1.1050, where there are sell orders and a significant option expiring on the 17th.

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

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

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