Forex Top Team

15th in January 2024, Today’s options

Today’s options :

  • EUR/USD:
    • 1.0890 with a volume of 1.1 billion
    • 1.0950 with a volume of 1.3 billion
    • 1.1000 with a volume of 1.3 billion
    • 1.1050 with a volume of 3.0 billion
  • GBP/USD:
    • 1.2710 with a volume of 437 million
  • USD/JPY:
    • 144.00 with a volume of 644 million
    • 145.00 with a volume of 730 million
  • AUD/USD:
    • 0.6690 with a volume of 637 million
    • 0.6840 with a volume of 1.0 billion
  • USD/CAD:
    • 1.3470 with a volume of 480 million
  • NZD/USD:
    • 0.6175 with a volume of 533 million
    • 0.6195 with a volume of 581 million
    • 0.6340 with a volume of 972 million

In terms of options likely to impact today’s price movements, we have:

  • EUR/USD:
    • 1.0890 with a volume of 1.1 billion
    • 1.0950 with a volume of 1.3 billion
    • 1.1000 with a volume of 1.3 billion
    • 1.1050 with a volume of 3.0 billion
  • AUD/USD:
    • 0.6840 with a volume of 1.0 billion

USD/JPY is showing an upward trend. Support is likely around 145.00, where there are significant options expiring on the 18th and 23rd days of the month. Resistance may be encountered around 146.00, where there are larger options expiring on the 19th.

EUR/USD appears to be in a ranging trend. Support can be found around 1.0900-1.0910, where there are buy orders. Resistance is expected to be strong around 1.1050 with a volume of 3.0 billion.

The current power balance on the 15-minute chart is as follows: USD > EUR > GBP > CHF > CAD > JPY > AUD > NZD