142
Analyst

Key option levels for Wednesday, October 12th

 


EUR/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 12 944 ↑ + 31 713 ↑
Closest resistance levels 1.1145; 1.1187; 1.1214; 1.1246
Closest support levels 1.1016; 1.0993; 1.0966; 1.0935 (critical)
Trading recommendations
Baseline scenario Short EUR/USD below 1.1016, with target points at 1.0993 and 1.0966
Alternative scenario Moving above 1.1145 can be considered as a signal to Buy the pair, with target at 1.1187 and 1.1214

 


GBP/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 5 578 ↑ + 4 297 ↑
Closest resistance levels 1.2277; 1.2297; 1.2319; 1.2344
Closest support levels 1.2140; 1.2119; 1.2102; 1.2078
Trading recommendations
Baseline scenario Long GBP/USD above 1.2277, with the target points at 1.2297 and 1.2319
Alternative scenario Moving below 1.2140 can be considered as a signal to sell the pair, with target at 1.2119 and 1.2102

 


USD/JPY


Main trend Short-term period Medium-term period
Neutral Neutral
Changes in the open interest + 698 ↑ + 2 393 ↑
Closest resistance levels 103.72; 104.06; 104.29; 104.56
Closest support levels 102.70; 102.51; 102.29; 102.02
Trading recommendations
Baseline scenario Long USD/JPY above 103.72, with the target points at 104.06 and 104.29
Alternative scenario Moving below 102.70 can be considered as a signal to sell the pair, with target at 102.51 and  102.29

 

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