Key option levels for Monday, April 3rd

Key option levels for Monday, April 3rd

2019-11-11 • Updated

 


EUR/USD


Main trend Short-term period Medium-term period
Bullish Neutral
Changes in the open interest + 18 496 ↑ - 36 800 ↓
Closest resistance levels 1.0706; 1.0752; 1.0778; 1.0820
Closest support levels 1.0660; 1.0628; 1.0609; 1.0586
Trading recommendations
Baseline scenario Long EUR/USD above 1.0706 (or from 1.0660), with target points at 1.0752 and 1.0778
Alternative scenario Moving below 1.0660 can be considered as a signal to Sell the pair, with target at 1.0628 and 1.0609

 


USD/CAD


Main trend Short-term period Medium-term period
Neutral Bullish
Changes in the open interest + 78 ↑ + 259 ↑
Closest resistance levels 1.3310; 1.3358; 1.3403; 1.3430
Closest support levels 1.3273; 1.3250; 1.3210
Trading recommendations
Baseline scenario Long USD/CAD from 1.3310, with the target points at 1.3358 and 1.3403
Alternative scenario Moving below 1.3273 can be considered as a signal to Sell the pair, with target at 1.3250 and 1.3210

 


AUD/USD


Main trend Short-term period Medium-term period
Neutral Bearish
Changes in the open interest + 86 ↑ + 3 ↑
Closest resistance levels 0.7636; 0.7655; 0.7676; 0.7710
Closest support levels 0.7610; 0.7581; 0.7542; 0.7497
Trading recommendations
Baseline scenario Short AUD/USD below 0.7610 (or from 0.7636), with the target points at 0.7581 and 0.7542
Alternative scenario Moving above 0.7636 can be considered as a signal to Buy the pair, with target at 0.7655 and 0.7676

 

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