✅ FX Options Levels – September 23, 2025
🇪🇺 EUR/USD (EUR Notional)
1.1665: €1.1bn
1.1700: €1.0bn
1.1750: €2.4bn ✅ largest
1.1800: €1.0bn
1.1850: €0.999bn
1.2000: €1.1bn
📌 Focus:
1.1750 (€2.4bn) is the key strike and the largest cluster.
Heavy resistance stretches 1.1750–1.2000, forming a strong topside supply zone.
🇺🇸 USD/JPY (USD Notional)
145.00: $1.1bn
145.50: $0.9bn
📌 Focus:
145.00 ($1.1bn) is the dominant downside anchor.
Likely to act as a NY cut magnet/support line around the 145 handle.
🇨🇭 USD/CHF (USD Notional)
0.7905: $0.6bn
📌 Focus:
Mid-sized single strike.
Functions as a technical/psychological pivot zone.
🇦🇺 AUD/USD (AUD Notional)
0.6650: A$1.1bn ✅
0.6680: A$553m
📌 Focus:
0.6650 (A$1.1bn) = heavy topside cap.
Likely to act as sell-on-rally zone.
🇪🇺/🇬🇧 EUR/GBP (EUR Notional)
0.8780: €569m
📌 Focus:
Medium strike, could serve as a short-term pivot in London/European hours.
🔎 Key Takeaways
EUR/USD (1.1750) → Major gravitational pull; heavy resistance all the way to 1.20.
USD/JPY (145.00) → Strong downside support line.
Market bias: EUR/USD remains capped on rallies, while USD/JPY holds firm above 145 into NY cut.
