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 | 1.13894 | 1.13903 | 1.13951 | 1.13819 |
| USDJPY | 163.803 | 163.812 | 163.887 | 163.729 |
| GBPUSD | 1.3291 | 1.32922 | 1.33018 | 1.32764 |
| USDCHF | 0.8192 | 0.81936 | 0.82011 | 0.81747 |
| EURCHF | 0.93304 | 0.93328 | 0.93343 | 0.93179 |
| EURJPY | 186.563 | 186.587 | 186.709 | 186.451 |
| GBPJPY | 217.711 | 217.734 | 217.886 | 217.481 |