Forex Top Team

14th in August 2023, Today’s Options

 

  • EUR/USD:

1.0975-80: 865 million 1.1000: 1.9 billion 1.1050: 535 million 1.1065: 555 million

  • GBP/USD:

1.2510: 310 million 1.2885: 350 million

  • USD/JPY:

142.00: 1.8 billion

  • USD/CAD:

1.3350: 580 million

  • AUD/USD:

0.6505: 950 million

  • USD/ZAR:

19.3800: 540 million

Options likely to impact today’s price movements include:

  • EUR/USD:

1.1000: 1.9 billion

  • USD/JPY:

142.00: 1.8 billion

USDJPY shows an upward trend. Support is anticipated around 143.50, where there’s a significant 15-day cut option. Resistance is expected around 145.00, where there are 15th and 17th-day cut options, coinciding with the previous intervention line set by the Bank of Japan.

EURUSD is rebounding from a downtrend. Support is anticipated around 1.0890-1.0910, where buy orders are placed. Resistance is expected around 1.1000 with 1.9 billion options.

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

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

More Insights