321
Analyst

Key option levels for Wednesday, August 31th

 


EUR/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 60 553 ↑ + 121 195 ↑
Closest resistance levels 1.1180(96?); 1.1218; 1.1246; 1.1280
Closest support levels 1.1130; 1.1103; 1.1081; 1.1053
Trading recommendations
Baseline scenario Short EUR/USD below 1.1130, with target points at 1.1103 and 1.1081
Alternative scenario Moving above 1.1180 can be considered as a signal to buy the pair, with target at 1.1218 and 1.1246

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 1 206 ↑ + 1 247 ↑
Closest resistance levels 103.36; 103.56; 103.82; 104.14
Closest support levels 102.68(56?); 102.41; 102.20; 101.93
Trading recommendations
Baseline scenario Buy USD/JPY above 103.36, with the target points at 103.56 and 103.82
Alternative scenario Moving below 102.68 can be considered as a signal to sell the pair, with target at 102.41 and  102.20

 

 


USD/CAD


Main trend Short-term period Medium-term period
Neutral Bullish
Changes in the open interest + 556 ↑ + 443 ↑
Closest resistance levels 1.3123; 1.3160; 1.3210; 1.3273
Closest support levels 1.3031; 1.2995; 1.2945
Trading recommendations
Baseline scenario Long USD/CAD above 1.3123, with the target points at 1.3160 and 1.3210
Alternative scenario Moving below 1.3031 can be considered as a signal to sell the pair, with target at 1.2995 and 1.2945
Scroll to top