Forex Top Team

26th in October 2023, Today’s Options

 

  • EUR/USD:

    1.0470 481 million 1.0500 893 million 1.0525 385 million 1.0540 1.1 billion 1.0550 740 million 1.0600 1 billion 1.0610 690 million 1.0700 1 billion

  • GBP/USD:

    1.2000 364 million 1.2125 617 million 1.2185 773 million 1.2190 473 million 1.2220 53.6 million

  • USD/JPY:

    149.00 433 million 150.00 1.8 billion 150.20 674 million 150.35 479 million 150.75 500 million 151.00 549 million

  • USD/CHF:

    0.9000 514 million

  • AUD/USD:

    0.6450 372 million

  • USD/CAD:

    1.3600 679 million 1.3800 1.1 billion 1.3810 543 million

  • NZD/USD:

    0.5800 1.1 billion 0.5875 461 million

Options likely to be relevant to today’s price movements are as follows:

  • EUR/USD:

    1.0540 1.1 billion 1.0600 1 billion 1.0700 1 billion

  • USD/JPY:

    150.00 1.8 billion

  • USD/CAD:

    1.3800 1.1 billion

  • NZD/USD:

    0.5800 1.1 billion

USD/JPY is showing an upward trend. However, there have been indications of volatility today, possibly due to intervention by the Bank of Japan. Support can be seen at 150.00 with 1.8 billion. Resistance is expected at 150.80 where there are sell orders.

EUR/USD is in a downtrend. Support is at 1.0540 with 1.1 billion. Resistance is expected at 1.0600 with 1 billion.

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

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

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