182
Analyst

Key option levels for Thursday, October 6th


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest - 82 381 ↓ - 25 323 ↓
Closest resistance levels 1.1248; 1.1264; 1.1283; 1.1314
Closest support levels 1.1183; 1.1142; 1.1096; 1.1048
Trading recommendations
Baseline scenario Short EUR/USD below 1.1183, with target points at 1.1142 and 1.1096
Alternative scenario Moving above 1.1248 can be considered as a signal to Buy the pair, with target at 1.1264 and 1.1283

 


GBP/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 3 290 ↑ + 812 ↑
Closest resistance levels 1.2768; 1.2789; 1.2833(07?); 1.2868
Closest support levels 1.2731; 1.2707; 1.2675; 1.2637
Trading recommendations
Baseline scenario Short GBP/USD below 1.2731, with target points at 1.2707 and 1.2675
Alternative scenario Moving above 1.2768 can be considered as a signal to Buy the pair, with target at 1.2789 and 1.2833

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 98 ↑ + 1 630 ↑
Closest resistance levels 103.64; 103.91; 104.29; 104.77
Closest support levels 103.34; 102.82; 102.44; 101.98
Trading recommendations
Baseline scenario Long USD/JPY above 103.64, with the target points at 103.91 and 104.29
Alternative scenario Moving below 103.34 can be considered as a signal to sell the pair, with target at 102.82 and  102.44

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest + 627 ↑ + 402 ↑
Closest resistance levels 1.3177; 1.3205; 1.3261; 1.3339
Closest support levels 1.3148; 1.3116; 1.3058; 1.2982
Trading recommendations
Baseline scenario Long USD/CAD above 1.3177, with the target points at 1.3205 and 1.3261
Alternative scenario Moving below 1.3148 can be considered as a signal to sell the pair, with target at 1.3116 and 1.3058

 

Scroll to top