Key option levels for Friday, March 31st

Read the article on FBS website

 


EUR/USD


Main trend Short-term period Medium-term period
Neutral Neutral
Changes in the open interest + 21 248 ↑ + 39 453 ↑
Closest resistance levels 1.0713; 1.0761; 1.0786; 1.0829
Closest support levels 1.0662; 1.0628; 1.0608; 1.0585
Trading recommendations
Baseline scenario Short EUR/USD below 1.0662 (or from 1.0713), with target points at 1.0628 and 1.0608
Alternative scenario Moving above 1.0713 can be considered as a signal to Buy the pair, with target at 1.0761 and 1.0786

 

 


GBP/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 126 ↑ - 42 ↓
Closest resistance levels 1.2473; 1.2501; 1.2531; 1.2568
Closest support levels 1.2434; 1.2405; 1.2371; 1.2331
Trading recommendations
Baseline scenario Long GBP/USD above 1.2473, with target points at 1.2501 and 1.2531
Alternative scenario Moving below 1.2434 can be considered as a signal to Sell the pair, with target at 1.2405 and 1.2371

 


USD/CAD


Main trend Short-term period Medium-term period
Neutral Bullish
Changes in the open interest + 619 ↑ - 9 ↓
Closest resistance levels 1.3330; 1.3356; 1.3373; 1.3401
Closest support levels 1.3286; 1.3261; 1.3215; 1.3189
Trading recommendations
Baseline scenario Long USD/CAD above 1.3330 (or from 1.3286), with the target points at 1.3356 and 1.3373
Alternative scenario Moving below 1.3286 can be considered as a signal to Sell the pair, with target at 1.3261 and 1.3215

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.