After two days of spike, the EUR/USD slipped down last Friday as European Central Bank governor Draghi intimated that more stimulating measures will be put forward to release the inflation in Eurozone. Meanwhile,if Fed’s interest rate hike turns into real, it is possible for EUR/USD to dip into a even level in the following several month.
EUR/USD
The EUR/USD continues to bounce down on Friday after experiencing a slight pullback. As it is in a perfect bearish trend,We prefer buying put options and suspend at 1.0617, while put options can be continued at the break down of it. Put options can be ended between 1.0461 and 1.0520 and transferred to call options.
Support:1.0617/1.0532
Resistance:1.0656/1.0680
GBP/USD
Since the GBP/USD continues to fall, we are buyers of put options during the daytime session and suspend it at 1.5141. Put options can be continued at the break down of 1.5141 until 1.5090.
Support:1.5141/1.5095
Resistance:1.5213/1.5228
USD/JPY
Seen from the 1-hour chart of the USD/JPY, the JPY continues to rally. Then we prefer buying call options during the daytime session. Support:122.70/122.50
Resistance:123.05/123.60
[Tips]
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