Forex Top Team

4th in August 2023, Today’s Options:

 

  • EUR/USD:

1.0950 795 million 1.0975 511 million 1.1000 781 million 1.1035 485 million 1.1050 410 million 1.1075 798 million 1.1100 388 million 1.1150 441 million

  • GBP/USD:

1.2600 447 million 1.2700 891 million

  • USD/JPY:

141.00 420 million 142.00 1.2 billion 143.00 900 million 144.00 360 million 145.00 944 million

  • AUD/USD:

0.6600 628 million 0.6800 381 million 0.6900 717 million

  • USD/CAD:

1.3200 1 billion 1.3270 382 million 1.3300 2 billion 1.3325 591 million 1.3400 1.3 billion

  • EUR/GBP:

0.8575 741 million

Options likely to be relevant to today’s price movements:

  • USD/JPY:

142.00 1.2 billion 143.00 900 million 145.00 944 million

  • USD/CAD:

1.3200 1 billion 1.3300 2 billion 1.3400 1.3 billion

USD/JPY is exhibiting a ranging tendency. Support can be expected around 142.00 (with additional buying orders) and resistance around 142.90-143.00 (with significant selling orders and 9-day cut options).

EUR/USD is also showing a ranging tendency. Support can be expected around 1.0900 (with buying orders and 7-day cut options), and resistance around 1.1020 (with selling orders and 10-day cut options).

The current power balance based on 15-minute charts is as follows:

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

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