Forex Top Team

24th in July 2023,Today’s options

  • EUR/USD:1.1000 $1 billion 1.1130 $634 million
  • GBP/USD:1.2945 $952 million 1.2975 $343 million
  • USD/JPY:140.00 $2 billion 140.25 $500 million 141.25 $1.1 billion 142.00 $680 million
  • AUD/USD:0.6720 $430 million 0.6780 $453 million 0.6800 $1.2 billion
  • NZD/USD:0.6160 $1 billion
  • EUR/GBP:0.8475 $1.4 billion 0.8600 $950 million

 

Options that are likely to affect today’s movements:

  • EUR/USD:1.1000 $1 billion
  • USD/JPY:140.00 $2 billion 141.25 $1.1 billion
  • AUD/USD:0.6800 $1.2 billion
  • NZD/USD:0.6160 $1 billion
  • EUR/GBP:0.8475 $1.4 billion

 

USD/JPY is in the midst of a retracement from its rise. The support is at 140.00 with $2 billion, and selling orders exist around 141.90-142.00, which is expected to be the resistance.

EUR/USD is on a downtrend. There are buying orders at 1.1050 and a large option for the 28th cut, which is expected to be the support. There’s a large option for the 27th cut at 1.1100, which is expected to be the resistance.

 

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

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

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