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 | 1.14373 | 1.1438 | 1.14956 | 1.14045 |
| USDJPY | 143.654 | 143.661 | 143.977 | 142.529 |
| GBPUSD | 1.35753 | 1.35764 | 1.36173 | 1.35397 |
| USDCHF | 0.8203 | 0.82046 | 0.82161 | 0.8171 |
| EURCHF | 0.93826 | 0.93851 | 0.94009 | 0.93317 |
| EURJPY | 164.3 | 164.32 | 164.685 | 162.879 |
| GBPJPY | 195.011 | 195.042 | 195.51 | 193.242 |