Forex Top Team

24th in November 2023, Today’s Options:

 

EUR/USD:

  • 1.0800 (€19 billion) – 1.0825 (€600 million)
  • 1.0850 (€588 million)
  • 1.0875 (€652 million)
  • 1.0900 (€823 million) – 1.0925 (€950 million)
  • 1.0930 (€395 million)
  • 1.0950 (€670 million)
  • 1.0975 (€451 million)

USD/JPY:

  • 147.35 ($738 million)
  • 147.40 ($540 million)
  • 148.25 ($385 million)
  • 148.50 ($710 million) – 149.00 ($428 million)
  • 150.00 ($485 million)

Options that are likely to be relevant for today’s price movements:

EUR/USD:

  • 1.0800 (€19 billion)

USD/JPY is showing a bearish trend. Support is expected at 149.00, where there’s a significant put option with a 30-day cutoff. Resistance is anticipated at 150.00, where there’s a substantial sell order supported by a large option with a 27-day cutoff.

EUR/USD is showing a bullish trend. Support is expected at 1.0850, where there’s a significant buy order supported by a large option with a 27-day cutoff. Resistance is expected at 1.1000, where there’s a significant sell order.

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

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

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