Forex Top Team

25th in September 2023, Today’s options:

 

  • EUR/USD:
    • 1.0540 695 million
    • 1.0725 919 million
  • GBP/USD:
    • 1.2275 545 million
    • 1.2336 385 million
  • USD/JPY:
    • 147.00 1.24 billion
    • 149.00 643 million
  • AUD/USD:
    • 0.6400 732 million
    • 0.6485 341 million
  • USD/CAD:
    • 1.3405 538 million
    • 1.3425 565 million
    • 1.3472 557 million
  • USD/CNY:
    • 7.3000 1.3 billion

Options likely to be influenced by today’s price movements:

  • USD/JPY:
    • 147.00 1.24 billion
  • USD/CNY:
    • 7.3000 1.3 billion

USD/JPY is on an upward trend. Support is seen at 147.00 with 1.24 billion options. Resistance is expected near 150.00 where sell orders are present.

EUR/USD is showing a downward trend. Support can be found around 1.0610 with significant buy orders and 1.0600 with large options expiring on the 27th and 29th of the month. Resistance is expected around 1.0690-700 with sell orders, and at 1.0700 with larger options expiring on the 26th, 28th, and 29th of the month.

The current power balance on the 15-minute chart is as follows: USD > NZD = CAD > EUR > GBP = AUD = JPY > CHF.