๐ FX Options Overview (April 30, 2026)
โ Spot Overview
- EUR/USD: 1.1663
- USD/JPY: 160.65
- GBP/USD: 1.3462
- AUD/USD: 0.7115
๐ Overall tone:
USD strength continues + cross pairs entering a correction phase
โ Thursday (April 30) โ Options Structure
โ EUR/USD
- 1.1725 (1.5B) โ largest
- 1.1700 (650M)
- 1.1675 (990M)
- 1.1655 (590M)
๐ Spot: 1.1663
โ Upside magnet: 1.1725
โ Downside support: around 1.1650
๐ Upside bias within range structure
โ USD/JPY
- 161.00 (2.1B) โ largest
- 160.50 (800M)
- 159.50 (820M)
- 159.00 (1.3B)
๐ Spot: 160.65
โ 161.00 is the dominant magnet
๐ Clear
โpull toward 161โ structure
โ AUD/USD
- 0.7200 (1.7B) โ
- 0.7250 (1.9B)
- 0.7285 (1.2B)
๐ Strong upside magnetic zone
๐ Further upside possible (but overextension risk rising)
โ Friday (May 1) โ Structural Shift
โ EUR/USD
- 1.1650 (960M) โ center
- 1.1640 / 1.1645
- 1.1750 (780M)
๐ Thursday: 1.1725
๐ Friday: shift down to 1.1650
โ Clear downside reversion pressure
โ AUD/USD
- 0.7020 (880M)
๐ New downside magnet
โ Uptrend exhaustion โ correction phase
โ USD/CAD
- Centered around 1.3600
๐ Neutral, but volatility likely
โ Market Structure Summary
๐ฅ Thursday
- USD/JPY โ 161 (upside pull)
- EUR/USD โ 1.1725
๐ Bullish bias
โ๏ธ Friday
- EUR/USD โ 1.1650
- AUD/USD โ downside
๐ Clear shift to bearish pressure
โ Key Focus
โ USD/JPY
๐ 161.00 (massive option level)
โ Main theme of the market
โ Strong gravitational pull
๐ However:
High probability of reversal after test
โ Trading Strategy
โ USD/JPY
๐ Sell zone: 160.70 โ 161.00
- Target: 159.50 โ 159.00
- Logic: Reversal after option magnet test
โ EUR/USD
- Thursday: Buy dips
- Friday: Switch to sell rallies
๐ Important transition point
โ AUD/USD
๐ Avoid chasing above 0.7200
- Thursday: Bullish
- Friday: Bearish bias
โ Final Conclusion
This market is:
๐ โRally on Thursday โ Selloff on Fridayโ structure
Key insights:
- USD/JPY โ Watch for reversal near 161
- EUR/USD โ Shift from bullish to bearish
- AUD/USD โ Top formation โ correction
๐ This is no longer a market to chase.
