EURUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.2272
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2272 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2272 will call 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 | 1.15371 | 1.15381 | 1.15483 | 1.15346 |
| USDJPY | 160.402 | 160.413 | 160.415 | 160.299 |
| GBPUSD | 1.33728 | 1.33742 | 1.33904 | 1.33619 |
| USDCHF | 0.79883 | 0.79898 | 0.79969 | 0.79725 |
| EURCHF | 0.92161 | 0.92188 | 0.92226 | 0.92055 |
| EURJPY | 185.059 | 185.086 | 185.189 | 184.966 |
| GBPJPY | 214.502 | 214.535 | 214.71 | 214.303 |