242
Analyst

Key option levels for Monday, October 3rd

 


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 2 652 ↑ + 4 021 ↑
Closest resistance levels 1.1279; 1.1296; 1.1334; 1.1367
Closest support levels 1.1243; 1.1216; 1.1181; 1.1140
Trading recommendations
Baseline scenario Short EUR/USD below 1.1243, with target points at 1.1216 and 1.1181
Alternative scenario Moving above 1.1279 can be considered as a signal to Buy the pair, with target at 1.1296 and 1.1334

 


GBP/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 688 ↑ + 679 ↑
Closest resistance levels 1.3042; 1.3063; 1.3091; 1.3125
Closest support levels 1.2870; 1.2830; 1.2787; 1.2742
Trading recommendations
Baseline scenario Short GBP/USD below 1.2870, with target points at 1.2830 and 1.2787
Alternative scenario Moving above 1.3042 can be considered as a signal to Buy the pair, with target at 1.3063 and 1.3091

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 3 132 ↑ + 1 805 ↑
Closest resistance levels 101.46; 101.66; 101.92; 102.26
Closest support levels 101.10; 100.89; 100.47; 100.15
Trading recommendations
Baseline scenario Long USD/JPY above 101.46, with the target points at 101.66 and 101.92
Alternative scenario Moving below 101.46 can be considered as a signal to sell the pair, with target at 101.66 and  101.92

 

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest + 429 ↑ + 382 ↑
Closest resistance levels 1.3132; 1.3160; 1.3205; 1.3268
Closest support levels 1.3087; 1.3062; 1.3021; 1.2963
Trading recommendations
Baseline scenario Long USD/CAD above 1.3132, with the target points at 1.3160 and 1.3205
Alternative scenario Moving below 1.3087 can be considered as a signal to sell the pair, with target at 1.3062 and 1.3021

 

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