Forex Top Team

3th in August 2023, Today’s Options

 

  • EUR/USD:

1.0850 553 million 1.0870 795 million 1.0900 3.8 billion 1.0915 2.3 billion 1.0925 698 million 1.0950 569 million 1.1000 794 million 1.1010 1.7 billion 1.1030 560 million 1.1100 1.2 billion 1.1130 980 million

  • GBP/USD:

1.2525 591 million

  • USD/JPY:

140.35 739 million 141.00 747 million 142.00 632 million 143.65 960 million 143.95 1.1 billion

  • USD/CHF:

0.8955 817 million

  • AUD/USD:

0.6350 550 million 0.6685 933 million 0.6700 883 million 0.6800 451 million 0.6825 372 million

  • EUR/GBP:

0.8755 434 million

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

  • EUR/USD:

1.0900 3.8 billion 1.0915 2.3 billion 1.1010 1.7 billion 1.1100 1.2 billion 1.1130 980 million

  • USD/JPY:

143.65 960 million 143.95 1.1 billion

USD/JPY is currently experiencing a retracement from an uptrend. Support is expected around 142.00 with buy orders and options expiring on the 4th and 9th days. Resistance is anticipated near 143.95 with 1.1 billion options, which is expected to act as a resistance.

EUR/USD is currently in a downtrend. Support is expected around 1.0900 with significant options totaling 3.8 billion and 2.3 billion at 1.0915, making it a substantial support level. Resistance is anticipated at 1.1010 with 1.7 billion options.

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

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