EURUSD Intra-day Analysis 29th Dec. 2020
Under Pressure
Our Pivot: 1.2275
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2275 and profit target at 1.2200 with extension towards 1.2176.
Alternate Scenario: Upward penetration of 1.2275 will call 1.2310.
NOTE: Euro is being capped by a strong horizontal resistant region along with a descending trend line.
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 | 1.13763 | 1.13772 | 1.13887 | 1.13731 |
| USDJPY | 157.465 | 157.476 | 157.691 | 157.18 |
| GBPUSD | 1.32254 | 1.32264 | 1.32459 | 1.32179 |
| USDCHF | 0.82973 | 0.82991 | 0.83002 | 0.82739 |
| EURCHF | 0.94393 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.139 | 179.166 | 179.466 | 178.805 |
| GBPJPY | 208.254 | 208.29 | 208.644 | 207.891 |