Forex Top Team

5th in October 2023, Today’s options

 

  • EUR/USD:
    • 1.0500: 1.3 billion
    • 1.0525: 792 million
    • 1.0575: 478 million
    • 1.0600: 546 million
    • 1.0650: 420 million
  • GBP/USD:
    • 1.2100: 560 million
  • USD/JPY:
    • 147.85: 375 million
    • 148.00: 512 million
    • 148.40: 565 million
    • 149.00: 1.1 billion
  • AUD/USD:
    • 0.6400: 584 million
    • 0.6425: 352 million
    • 0.6450: 744 million
  • USD/CAD:
    • 1.3485: 352 million
    • 1.3650: 441 million

Options of particular interest for today’s price movements include:

  • EUR/USD:
    • 1.0500: 1.3 billion
  • USD/JPY:
    • 149.00: 1.1 billion

USDJPY is in a ranging pattern. Support is expected around 147.00 due to buy orders, and there are options expiring on the 9th, 11th, and 12th days. Resistance is expected around 150.00 due to sell orders supported by a larger option expiring on the 6th.

EURUSD is showing signs of a rebounding uptrend. Support is around 1.0500 with 1.3 billion options. Resistance is expected around 1.0600 due to a larger option expiring on the 9th.

The current 15-minute chart power balance is as follows:

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

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