Key option levels for Wednesday, April 5th

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EUR/USD


Main trend Short-term period Medium-term period
Neutral Neutral
Changes in the open interest + 6 193 ↑ - 28 558 ↓
Closest resistance levels 1.0693; 1.0738; 1.0764; 1.0808
Closest support levels 1.0649; 1.0619; 1.0579; 1.0554
Trading recommendations
Baseline scenario Long EUR/USD above 1.0693 (or from 1.0649), with target points at 1.0738 and 1.0764
Alternative scenario Moving below 1.0649 can be considered as a signal to Buy the pair, with target at 1.0619 and 1.0579

 


GBP/USD


Main trend Short-term period Medium-term period
Bullish Bearish
Changes in the open interest + 291 ↑ - 228 ↓
Closest resistance levels 1.2464; 1.2492; 1.2533; 1.2567
Closest support levels 1.2414; 1.2380; 1.2340; 1.2295
Trading recommendations
Baseline scenario Long GBP/USD above 1.2464 (or from 1.2414), with target points at 1.2492 and 1.2533
Alternative scenario Moving below 1.2414 can be considered as a signal to Sell the pair, with target at 1.2380 and 1.2340

 

 


AUD/USD


Main trend Short-term period Medium-term period
Bearish Bearish
Changes in the open interest + 63 ↑ + 80 ↑
Closest resistance levels 0.7608; 0.7653; 0.7701; 0.7751
Closest support levels 0.7576; 0.7547; 0.7523; 0.7491
Trading recommendations
Baseline scenario Short AUD/USD below 0.7576 (or from 0.7608), with the target points at 0.7547 and 0.7523
Alternative scenario Moving above 0.7608 can be considered as a signal to Buy the pair, with target at 0.7653 and 0.7701

 

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