Forex Top Team

6th in March 2024, Today’s Options

 

  • EUR/USD:
    • 1.0760: $12 billion
    • 1.0800: $18 billion
    • 1.0850: $28 billion
    • 1.0865: $41 billion
    • 1.0950: $18 billion
  • USD/JPY:
    • 149.50: ¥524 million
    • 149.80: ¥970 million
    • 150.00: ¥684 million
    • 150.20: ¥800 million
  • AUD/USD:
    • 0.6500: $687 million

Options likely to influence today’s price movements:

  • EUR/USD:
    • 1.0760: $12 billion
    • 1.0800: $18 billion
    • 1.0850: $28 billion
    • 1.0865: $41 billion
    • 1.0950: $18 billion

USD/JPY is trending downward. Support is anticipated around 149.00 where buy orders are present, while resistance is expected around 151.50 where significant options expire on the 12th.

EUR/USD is trending upward. Support levels are expected around 1.0850 ($28 billion) and 1.0865 ($41 billion), while resistance is anticipated around 1.0950 ($18 billion).

Current power balance on the 15-minute chart:

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