325
Analyst

Key option levels for Wednesday, January 11th

 


EUR/USD


Main trend Short-term period Medium-term period
Neutral Neutral
Changes in the open interest + 129 660 ↑ + 19 362 ↑
Closest resistance levels 1.0588; 1.0610; 1.0641; 1.0666
Closest support levels 1.0543; 1.0520; 1.0487; 1.0467
Trading recommendations
Baseline scenario (High risk of reversal) Long EUR/USD above 1.0588, with target points at 1.0610 and 1.0641
Alternative scenario Moving below 1.0543 can be considered as a signal to Sell the pair, with target at 1.0520 and 1.0487

 


USD/CAD


Main trend Short-term period Medium-term period
Neutral Bullish
Changes in the open interest + 298 ↑ + 222 ↑
Closest resistance levels 1.3222; 1.3252; 1.3275; 1.3307
Closest support levels 1.3214; 1.3191; 1.3151; 1.3118
Trading recommendations
Baseline scenario Long USD/CAD above 1.3222, with the target points at 1.3252 and 1.3275
Alternative scenario Moving below 1.3214 can be considered as a signal to Sell the pair, with target at 1.3191and 1.3151

 


AUD/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 224 ↑ + 38 ↑
Closest resistance levels 0.7382; 0.7408; 0.7428; 0.7454
Closest support levels 0.7349; 0.7321; 0.7279; 0.7249
Trading recommendations
Baseline scenario Short AUD/USD below 0.7349, with the target points at 0.7321 and 0.7279
Alternative scenario Moving above 0.7382 can be considered as a signal to Buy the pair, with target at 0.7408 and 0.7428

 

 

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