Forex Top Team

12th in March 2024, Today’s Options

 

  • EUR/USD:

1.0850 – 556 million 1.0900 – 1.2 billion 1.1010 – 1.1 billion

  • USD/JPY:

147.60 – 759 million 148.25 – 1.9 billion 149.00 – 630 million 151.50 – 2.2 billion

  • AUD/USD:

0.6530 – 1.1 billion

  • EUR/GBP:

0.8580 – 682 million

Options likely to influence today’s price movements are as follows:

  • EUR/USD:

1.0900 – 1.2 billion 1.1010 – 1.1 billion

  • USD/JPY:

148.25 – 1.9 billion 151.50 – 2.2 billion

  • AUD/USD:

0.6530 – 1.1 billion

USD/JPY is showing a downward trend. A significant option of 14 days at 147.00 serves as support below. Resistance is anticipated at 148.25 with 1.9 billion options.

EUR/USD is trending upwards. Support is seen at 1.0900 with 1.2 billion options. Resistance is expected at 1.1000, where a significant option of 18 days exists.

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

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

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