464
Analyst

Key option levels for Monday, August 22th


EUR/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 42 856 ↑ - 26 548 ↓
Closest resistance levels 1.1336; 1.1360/71; 1.1385; 1.1403
Closest support levels 1.1259; 1.1232; 1.1201; 1.1165
Trading recommendations
Baseline scenario Buy EUR/USD above 1.1336, with the target points at 1.1360 and 1.1385
Alternative scenario Moving below 1.1259 can be considered as a signal to sell the pair, with target at 1.1232 and 1.1201

 


GBP/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 808 ↑ +  1 652 ↑
Closest resistance levels 1.3108; 1.3136; 1.3168; 1.3188
Closest support levels 1.3014; 1.2995; 1.2973; 1.2947
Trading recommendations
Baseline scenario Sell GBP/USD below 1.3014, with target points at 1.2995 and 1.2973
Alternative scenario Moving above 1.3108 can be considered as a signal to buy the pair, with target at 1.3136 and 1.3168

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 1 349 ↑ + 511 ↑
Closest resistance levels 100.96; 101.17; 101.42; 101.71
Closest support levels 100.13(08?); 99.88 (78?); 99.64
Trading recommendations
Baseline scenario Long USD/JPY above 100.96, with the target points at 101.17 and 101.42
Alternative scenario Moving below 100.13 can be considered as a signal to sell the pair, with target at 99.88 and 99.64

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest + 572 ↑ + 445 ↑
Closest resistance levels 1.2913; 1.2945; 1.2987; 1.3041
Closest support levels 1.2857; 1.2837; 1.2806; 1.2776
Trading recommendations
Baseline scenario Buy USD/CAD above 1.2913, with the target points at 1.2945 and 1.2987
Alternative scenario Moving below 1.2857 can be considered as a signal to sell the pair, with target at 1.2837 and 1.2806
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