Forex Top Team

28th in August 2023, Today’s Options

 

  • EUR/USD:

1.0745 490 million 1.0795-1.0805 2.1 billion 1.0825 882 million 1.0840-50 1.2 billion 1.0900 1.5 billion

  • USD/JPY:

146.50 530 million

  • AUD/USD:

0.6410 2.4 billion 0.6420 1.6 billion

  • EUR/GBP:

0.8560 450 million

The relevant options for today’s price movements are as follows:

  • EUR/USD:

1.0795-1.0805 2.1 billion 1.0840-50 1.2 billion 1.0900 1.5 billion

  • AUD/USD:

0.6410 2.4 billion 0.6420 1.6 billion

USDJPY is showing an upward trend. Support is expected around 145.40-50 with buy orders and the presence of a large option expiring on the 30th. Resistance is anticipated around 147.00 with sell orders.

EURUSD is showing a downward trend. Support is around 1.0795-1.0805 with 2.1 billion options. Resistance is anticipated around 1.0830-50 with sell orders.

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

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

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