Forex Top Team

18th in March 2024, Today’s Options

 

  • EUR/USD:
    • 1.0700: 1.3 billion
    • 1.0790: 2.6 billion
    • 1.0875: 550 million
    • 1.0900: 3.2 billion
    • 1.1000: 3.0 billion
  • USD/JPY:
    • 147.00: 1.4 billion
    • 147.50: 2.4 billion
    • 148.00: 634 million
    • 149.00: 965 million
    • 149.50: 750 million
    • 149.75: 600 million
  • AUD/USD:
    • 0.6425: 515 million
    • 0.6500: 600 million
  • EUR/GBP:
    • 0.8950: 520 million

Options likely to influence today’s price movements:

  • EUR/USD:
    • 1.0700: 1.3 billion
    • 1.0790: 2.6 billion
    • 1.0900: 3.2 billion
    • 1.1000: 3.0 billion
  • USD/JPY:
    • 147.00: 1.4 billion
    • 147.50: 2.4 billion

USD/JPY is showing an upward trend. Support is expected at 147.50 with 2.4 billion options. Resistance is anticipated at 149.55, where there’s a large option expiring.

EUR/USD is trending downward. Support is expected at 1.0790 with 2.6 billion options. Resistance is anticipated at 1.1000 with 3.0 billion options.

Current power balance on the 15-minute chart: EUR > AUD > USD > NZD = CAD > CHF > GBP > JPY