Forex Top Team

26th in March 2024, Today’s Options

 

  • EUR/USD:
    • 1.0785: $2 billion
    • 1.0870: $4.1 billion
    • 1.0925: $2.9 billion
  • GBP/USD:
    • 1.2685: $983 million
  • USD/JPY:
    • 151.00: $529 million
    • 151.25: $632 million
  • AUD/USD:
    • 0.6500: $726 million
    • 0.6545: $3.2 billion
  • NZD/USD:
    • 0.6170: $695 million

Options likely to be involved in today’s price movements include:

  • EUR/USD:
    • 1.0785: $2 billion
    • 1.0870: $4.1 billion
    • 1.0925: $2.9 billion
  • AUD/USD:
    • 0.6545: $3.2 billion

USD/JPY is in a ranging trend. Below, there are buy orders at 150.50, with a huge option expiring on the 28th serving as support. Above, there are sell orders at 152.00, with a sizable option expiring on the 28th, expected to act as resistance.

EUR/USD is in a rebounding upward trend. Below, $2 billion at 1.0785 acts as support. Above, $4.1 billion at 1.0870 is expected to serve as resistance.

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

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