Forex Top Team

24th in January 2024, Today’s Options

 

  • EUR/USD:

1.0865 – 446 million 1.0900 – 2.2 billion 1.0950 – 487 million

  • USD/JPY:

147.50 – 555 million 149.00 – 554 million 150.00 – 600 million

  • AUD/USD:

0.6565 – 1.4 billion 0.6575 – 1.8 billion 0.6580 – 1.2 billion 0.6615 – 572 million 0.6620 – 792 million 0.6625 – 485 million 0.6630 – 651 million

  • NZD/USD:

0.6500 – 517 million

Options that are likely to affect today’s price movements:

  • EUR/USD:

1.0900 – 2.2 billion

  • AUD/USD:

0.6565 – 1.4 billion 0.6575 – 1.8 billion 0.6580 – 1.2 billion

EUR/USD is showing a rebound tendency from a previous decline. Price movements are likely to revolve around 1.0900 – 2.2 billion, with strong support around 1.0690, where significant buy orders are present. Resistance is expected around 1.1000, where sell orders are placed.

USD/JPY is currently in a retracement phase after an upward move. Significant support is present around 145.00, where large options with expiration on the 26th and 31st are in place. Resistance is expected around 150.00, where sell orders are positioned, with options expiring on the 24th and 30th acting as resistance.

The current power balance on the 15-minute chart is as follows:

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

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