EURUSD Intra-day Analysis 17th Dec. 2020
Turning Down
Our Pivot: 1.2250
Our Preference: Short sell below 1.2235 with strict stop loss of 1.2250 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2255 will call for 1.2280 and 1.2300.
NOTE: Euro is moving in a bullish price channel and its being capped by resistant trend line of said channel which would push it back for an intraday correction.
Chart with supports & resistances:
Technical Levels
| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
Forex Live Prices
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| EURUSD | 1.15392 | 1.154 | 1.15483 | 1.15329 |
| USDJPY | 160.367 | 160.376 | 160.425 | 160.299 |
| GBPUSD | 1.33749 | 1.33761 | 1.33904 | 1.33619 |
| USDCHF | 0.79884 | 0.79901 | 0.79969 | 0.79725 |
| EURCHF | 0.9218 | 0.92203 | 0.92226 | 0.92055 |
| EURJPY | 185.052 | 185.076 | 185.189 | 184.965 |
| GBPJPY | 214.488 | 214.524 | 214.71 | 214.303 |