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 | 1.14377 | 1.14386 | 1.14956 | 1.14045 |
| USDJPY | 143.63 | 143.637 | 143.977 | 142.529 |
| GBPUSD | 1.35764 | 1.35773 | 1.36173 | 1.35397 |
| USDCHF | 0.82019 | 0.82038 | 0.82161 | 0.8171 |
| EURCHF | 0.93819 | 0.93844 | 0.94009 | 0.93317 |
| EURJPY | 164.279 | 164.303 | 164.685 | 162.879 |
| GBPJPY | 194.995 | 195.016 | 195.51 | 193.242 |