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 | 1.15388 | 1.15396 | 1.15483 | 1.15329 |
| USDJPY | 160.37 | 160.38 | 160.425 | 160.299 |
| GBPUSD | 1.33744 | 1.33757 | 1.33904 | 1.33619 |
| USDCHF | 0.79885 | 0.79903 | 0.79969 | 0.79725 |
| EURCHF | 0.9218 | 0.92204 | 0.92226 | 0.92055 |
| EURJPY | 185.048 | 185.075 | 185.189 | 184.965 |
| GBPJPY | 214.485 | 214.519 | 214.71 | 214.303 |