184
Analyst

Key option levels for Friday, October 7th

 


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 4 109 ↑ + 40 482 ↑
Closest resistance levels 1.1187; 1.1209(00?); 1.1237; 1.1257
Closest support levels 1.1091; 1.1065; 1.1035; 1.1001
Trading recommendations
Baseline scenario Short EUR/USD below 1.1091, with target points at 1.1065 and 1.1035
Alternative scenario Moving above 1.1187 can be considered as a signal to Buy the pair, with target at 1.1209 and 1.1237

 


GBP/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 7 022 ↑ + 4 145 ↑
Closest resistance levels 1.2751; 1.2804; 1.2835; 1.2868
Closest support levels 1.2466; 1.2438; 1.2407; 1.2373
Trading recommendations
Baseline scenario Long GBP/USD above 1.2751, with the target points at 1.2804 and 1.2835
Alternative scenario Moving below 1.2466 can be considered as a signal to sell the pair, with target at 1.2438 and  1.2407

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 4 300 ↑ + 5 901 ↑
Closest resistance levels 104.36; 104.64; 104.82; 105.05
Closest support levels 103.20; 102.76; 102.49; 102.19
Trading recommendations
Baseline scenario Long USD/JPY above 104.36, with the target points at 104.64 and 104.82
Alternative scenario Moving below 103.20 can be considered as a signal to sell the pair, with target at 102.76 and  102.49

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest + 310 ↑ + 475 ↑
Closest resistance levels 1.3266; 1.3287; 1.3319; 1.3364
Closest support levels 1.3168; 1.3142; 1.3110; 1.3065
Trading recommendations
Baseline scenario Long USD/CAD above 1.3266, with the target points at 1.3287 and 1.3319
Alternative scenario Moving below 1.3168 can be considered as a signal to sell the pair, with target at 1.3142 and 1.3110

 

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