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 | 1.16927 | 1.16934 | 1.17092 | 1.16504 |
| USDJPY | 147.037 | 147.045 | 147.411 | 146.756 |
| GBPUSD | 1.35051 | 1.35065 | 1.35215 | 1.3446 |
| USDCHF | 0.80029 | 0.80044 | 0.80375 | 0.7985 |
| EURCHF | 0.93576 | 0.93599 | 0.93809 | 0.93398 |
| EURJPY | 171.922 | 171.95 | 172.024 | 171.231 |
| GBPJPY | 198.573 | 198.606 | 198.684 | 197.934 |