334
Analyst

Key option levels for Friday, August 19th

 


GBP/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 145 ↑ +  583 ↑
Closest resistance levels 1.3190; 1.3214; 1.3230; 1.3250
Closest support levels 1.3116; 1.3092; 1.3075; 1.3055
Trading recommendations
Baseline scenario Buy GBP/USD above 1.3190, with the target points at 1.3214 and 1.3230
Alternative scenario Moving below 1.3116 can be considered as a signal to sell the pair, with target at 1.3092 and 1.3075

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 2 137 ↑ + 617 ↑
Closest resistance levels 100.68; 100.87; 101.09; 101.36
Closest support levels 99.74; 99.48; 99.20; 99.00
Trading recommendations
Baseline scenario Long USD/JPY above 100.68, with the target points at 100.87 and 101.09
Alternative scenario Moving below 99.74 can be considered as a signal to sell the pair, with target at 99.48 and 99.20

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest + 979 ↑ + 148 ↑
Closest resistance levels 1.2825; 1.2858; 1.2903; 1.2958
Closest support levels 1.2757; 1.2736; 1.2715; 1.2687 (critical)
Trading recommendations
Baseline scenario Buy USD/CAD above 1.2825, with the target points at 1.2858 and 1.2903
Alternative scenario Moving below 1.2757 can be considered as a signal to sell the pair, with target at 1.2736 and 1.2715

 

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