Forex Top Team

31th in January 2024, Options for Today

 

  • EUR/USD:
    • 1.0700 – 1 billion
    • 1.0800 – 753 million
    • 1.0860 – 842 million
    • 1.0900 – 1.1 billion
    • 1.0950 – 442 million
    • 1.0955 – 893 million
  • GBP/USD:
    • 1.2630 – 750 million
    • 1.2700 – 471 million
  • USD/JPY:
    • 145.00 – 2.1 billion
    • 146.00 – 565 million
    • 147.25 – 894 million
    • 148.00 – 584 million
    • 150.00 – 921 million
  • AUD/USD:
    • 0.6590 – 862 million
    • 0.6600 – 49 million
  • USD/CAD:
    • 1.3400 – 1 billion
    • 1.3500 – 380 million

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

  • EUR/USD:
    • 1.0700 – 1 billion
    • 1.0900 – 1.1 billion
  • USD/JPY:
    • 145.00 – 2.1 billion
  • USD/CAD:
    • 1.3400 – 1 billion

USD/JPY is on an upward trend. Support is expected at 147.00, where there’s a significant buy order with a 7-day maturity option. Resistance is expected at 148.50, where there’s a significant buy order with a 2-day maturity option.

EUR/USD is on a downward trend. Support is expected at 1.0800, where there’s a significant buy order with a 6-day maturity option. Resistance is expected at 1.0900, with a volume of 1.1 billion.

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

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