Forex Top Team

18th in December 2023, Today’s Options

 

  • EUR/USD:

1.0700 1.4 billion 1.0750 1.4 billion 1.0800 1.8 billion 1.0825 641 million 1.0840 1.3 billion 1.0900 1.3 billion 1.0920 812 million 1.0950 2.2 billion

  • GBP/USD:

1.2400 436 million 1.2620 351 million

  • USD/JPY:

143.50 720 million 145.00 1.1 billion 146.00 1.7 billion 146.50 765 million

  • USD/CHF:

0.8600 880 million 0.8900 858 million 0.9100 986 million

  • AUD/USD:

0.6470 760 million 0.6550 628 million 0.6650 943 million 0.6900 630 million

  • USD/CAD:

1.3430 980 million 1.3500 1.7 billion 1.3525 1.1 billion 1.3650 837 million

  • EUR/GBP:

0.8600 440 million 0.8620 420 million

Options that seem relevant to today’s price movements are as follows:

  • EUR/USD:

1.0700 1.4 billion 1.0750 1.4 billion 1.0800 1.8 billion 1.0840 1.3 billion 1.0900 1.3 billion 1.0950 2.2 billion

  • USD/JPY:

145.00 1.1 billion 146.00 1.7 billion

  • USD/CHF:

0.8600 880 million 0.8900 858 million 0.9100 986 million

  • USD/CAD:

1.3500 1.7 billion 1.3525 1.1 billion

USD/JPY is showing a downward trend. Support is seen at 140.00 where buying orders are placed, and this is expected to act as a support level. Resistance is expected at 143.00, with selling orders, and there’s a significant option at 22-day cut which is anticipated to act as resistance.

EUR/USD is also on a downward trend. Support is at 1.0800, with 1.8 billion options. Resistance is expected at 1.0950, with a significant 2.2 billion options acting as a major resistance level.

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

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

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