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 | 1.15768 | 1.15776 | 1.15866 | 1.15663 |
| USDJPY | 159.652 | 159.66 | 159.785 | 159.308 |
| GBPUSD | 1.35348 | 1.35359 | 1.35596 | 1.35191 |
| USDCHF | 0.81242 | 0.81257 | 0.81285 | 0.80947 |
| EURCHF | 0.94052 | 0.94077 | 0.9408 | 0.93756 |
| EURJPY | 184.824 | 184.848 | 184.921 | 184.43 |
| GBPJPY | 216.09 | 216.116 | 216.238 | 215.756 |