Today’s Option Levels & Market Insights (March 17, 2025)
πΉ Major Option Levels
EUR/USD (Euro-Dollar)
- 1.0600: β¬12.5B (Extremely large volume, major level)
- 1.0760: β¬580M
- 1.0900: β¬735M
- 1.1000: β¬587M
GBP/USD (Pound-Dollar)
- 1.2745: Β£509M
- 1.3200: Β£600M
USD/JPY (Dollar-Yen)
- 147.00: $672M
- 147.50: $828M
- 149.00: $1.1B (Key level, potential resistance/support)
AUD/USD (Australian Dollar-Dollar)
- 0.6345: A$473M
USD/CAD (Dollar-Canadian Dollar)
- 1.4275: $559M
- 1.4300: $407M
EUR/GBP (Euro-Pound)
- 0.8435: β¬879M
- 0.8500: β¬782M
π Key Takeaways
β EUR/USD β 1.0600 (β¬12.5B) β This is an exceptionally large option volume, making it a critical support/resistance level. Expect a major battle at this price point.
β USD/JPY β 149.00 ($1.1B) β This level is a psychological barrier. Whether it holds as resistance or breaks through will set the tone for the pair.
β EUR/GBP β 0.8435 (β¬879M) β This level may act as a short-term support, with possible bounce-back potential.
π 15-Minute Power Balance (Relative Strength of Currencies)
NZD > AUD > EUR > CAD > GBP = CHF > JPY = USD
πΉ NZD and AUD leading the strength β indicating a potential risk-on sentiment.
πΉ USD and JPY at the bottom β suggesting weaker safe-haven demand.
π Market Focus for Today
- EUR/USDβs reaction at 1.0600 β Whether it holds or breaks will set the medium-term trend.
- USD/JPYβs behavior at 149.00 β If it breaks, expect further upside. If rejected, a pullback to 147.50 could be in play.
- Global risk sentiment β NZD and AUD strength suggest market optimism, but volatility remains.
Stay tuned and trade strategically! ππ₯