139
Analyst

Key option levels for Monday, October 10th


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 44 200 ↑ + 90 607 ↑
Closest resistance levels 1.1224; 1.1247; 1.1277; 1.1297
Closest support levels 1.1174(59?); 1.1138; 1.1113; 1.1084
Trading recommendations
Baseline scenario Short EUR/USD below 1.1174, with target points at 1.1138 and 1.1113
Alternative scenario Moving above 1.1224 can be considered as a signal to Buy the pair, with target at 1.1247 and 1.1277

 


GBP/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest - 25 900 ↓ - 13 808 ↓
Closest resistance levels 1.2537; 1.2571; 1.2591; 1.2614
Closest support levels 1.2380; 1.2348; 1.2328; 1.2306
Trading recommendations
Baseline scenario Short GBP/USD below 1.2380, with target points at 1.2348 and 1.2328
Alternative scenario Moving above 1.2537 can be considered as a signal to Buy the pair, with target at 1.2571 and 1.2591

 


USD/JPY


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest - 28 527 ↓ - 24 479 ↓
Closest resistance levels 103.12; 103.48(33?); 103.66; 103.86
Closest support levels 102.50; 102.23; 102.03; 101.79
Trading recommendations
Baseline scenario Long USD/JPY above 103.12, with the target points at 103.48 and 103.66
Alternative scenario Moving below 102.50 can be considered as a signal to sell the pair, with target at 102.23 and  102.03

 

 


USD/CAD


Main trend Short-term period Medium-term period
Bullish Bullish
Changes in the open interest - 11 071 ↓ - 12 408 ↓
Closest resistance levels 1.3294; 1.3323; 1.3349; 1.3387
Closest support levels 1.3226; 1.3205; 1.3173; 1.3134
Trading recommendations
Baseline scenario Long USD/CAD above 1.3294, with the target points at 1.3323 and 1.3349
Alternative scenario Moving below 1.3226 can be considered as a signal to sell the pair, with target at 1.3205 and 1.3173

 

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