EURUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.2272
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2272 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2272 will call 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 | 1.16945 | 1.16954 | 1.17092 | 1.16504 |
| USDJPY | 147.019 | 147.028 | 147.411 | 146.756 |
| GBPUSD | 1.35065 | 1.35078 | 1.35215 | 1.3446 |
| USDCHF | 0.80018 | 0.80036 | 0.80375 | 0.7985 |
| EURCHF | 0.93578 | 0.93603 | 0.93809 | 0.93398 |
| EURJPY | 171.93 | 171.955 | 172.024 | 171.231 |
| GBPJPY | 198.572 | 198.596 | 198.684 | 197.934 |