Forex Top Team

23th in October 2023, Today’s Options

 

  • EUR/USD:
    • 1.0450: 400 million
    • 1.0525: 384 million
    • 1.0540: 538 million
    • 1.0550: 971 million
    • 1.0600: 1.1 billion
    • 1.0625: 2.5 billion
    • 1.0670: 838 million
    • 1.0675: 450 million
  • USD/JPY:
    • 148.75: 1.7 billion
    • 149.00: 1.8 billion
    • 149.20: 1.5 billion
    • 149.30: 630 million
    • 149.50: 1.7 billion
    • 150.00: 1.7 billion
    • 150.25: 1.1 billion
    • 150.35: 452 million
    • 150.50: 659 million
  • USD/CHF:
    • 0.8900: 520 million
    • 0.8950: 500 million
    • 0.9050: 892 million
  • AUD/USD:
    • 0.6300: 410 million
  • USD/CAD:
    • 1.3600: 880 million
  • NZD/USD:
    • 0.5825: 735 million
    • 0.5900: 482 million

Options that are likely to influence today’s price movements include:

  • EUR/USD:
    • 1.0600: 1.1 billion
    • 1.0625: 2.5 billion
  • USD/JPY:
    • 148.75: 1.7 billion
    • 149.00: 1.8 billion
    • 149.20: 1.5 billion
    • 149.50: 1.7 billion
    • 150.00: 1.7 billion
    • 150.25: 1.1 billion

USD/JPY is in an upward trend. Support is seen around 149.50 with 1.7 billion in options. Resistance is expected around 150.00 with 1.7 billion in options.

EUR/USD is in a ranging trend. Support is at 1.0550 with a significant 24-day cut option of 971 million. Resistance is expected at 1.0625 with 2.5 billion in options.

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

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