263
Analyst

Key option levels for Thursday, August 18

 


EUR/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 29 330 ↑ - 45 782 ↓
Closest resistance levels 1.1326; 1.1348; 1.1366; 1.1388
Closest support levels 1.1288; 1.1256; 1.1238; 1.1216
Trading recommendations
Baseline scenario Long EUR/USD above 1.1326, with the target points at 1.1348 and 1.1366
Alternative scenario Moving below 1.1288 can be considered as a signal to sell the pair, with target at 1.1256 and 1.1238

 


GBP/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 1 424 ↑ +  968 ↑
Closest resistance levels 1.3116(33?); 1.3153; 1.3176; 1.3202
Closest support levels 1.3027; 1.3000; 1.2968; 1.2948
Trading recommendations
Baseline scenario Buy GBP/USD above 1.3116, with the target points at 1.3153 and 1.3176
Alternative scenario Moving below 1.3027 can be considered as a signal to sell the pair, with target at 1.3000 and 1.2968

 


USD/JPY


Main trend Short-term period Medium-term period
Neutral Neutral
Changes in the open interest + 1 676 ↑ + 1 913 ↑
Closest resistance levels 101.00; 101.45; 101.74; 102.07
Closest support levels 99.70; 99.37; 99.16; 98.90
Trading recommendations
Baseline scenario Short USD/JPY below 99.70, with target points at 99.37 and 99.16
Alternative scenario Moving above 101.00 can be considered as a signal to buy the pair, with target at 101.45 and 101.74

 


USD/CAD


Main trend Short-term period Medium-term period
Bearish Bullish
Changes in the open interest + 190 ↑ + 975 ↑
Closest resistance levels 1.2868; 1.2883; 1.2908; 1.2943
Closest support levels 1.2809; 1.2789; 1.2763; 1.2726
Trading recommendations
Baseline scenario Sell USD/CAD below 1.2809, with target points at 1.2789 and 1.2763
Alternative scenario Moving above 1.2868 can be considered as a signal to buy the pair, with target at 1.2883 and 1.2908

 

Scroll to top