📆 FX Options Landscape – July 23, 2025

📆 FX Options Landscape – July 23, 2025

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🇪🇺 EUR/USD

• 1.1500: €818M

• 1.1700: €1.6B

• 1.1800: €1.3B

• 1.1865: €859M

• 1.1900: €1.6B

📌 Key Highlights:

• Large option barriers at 1.1700 and 1.1900 (€1.6B each) → major upside resistance zones

• 1.1800 also significant (€1.3B) → strong selling pressure if approached

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🇺🇸 USD/JPY

• 146.60: $1.0B

• 146.65: $901M

• 147.00: $1.0B

• 148.00: $1.3B ✅

📌 Key Highlights:

• 146.60–147.00 cluster = strong resistance barrier

• 148.00 is the largest ($1.3B) → critical upside cap

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🇨🇭 USD/CHF

• 0.7825: $600M

📌 Key Highlights:

• Single mid-sized option → likely short-term reaction level

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🇦🇺 AUD/USD

• 0.6500: A$643M

• 0.6525: A$683M

• 0.6580: A$671M

• 0.6670: A$615M

📌 Key Highlights:

• Cluster between 0.6500–0.6580 → firm support zone

• 0.6670 → potential upside target

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🇨🇦 USD/CAD

• 1.3625: $796M

• 1.3640: $704M

📌 Key Highlights:

• Options concentrated around 1.3625–1.3640 → short-term battleground

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⚖ Current 15-Minute Power Balance (Strongest → Weakest)

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