EURUSD Intra-day Analysis 29th Dec. 2020
Under Pressure
Our Pivot: 1.2275
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2275 and profit target at 1.2200 with extension towards 1.2176.
Alternate Scenario: Upward penetration of 1.2275 will call 1.2310.
NOTE: Euro is being capped by a strong horizontal resistant region along with a descending trend line.
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 | 1.11713 | 1.11723 | 1.12663 | 1.11758 |
| USDJPY | 146.793 | 146.801 | 147.673 | 145.612 |
| GBPUSD | 1.32632 | 1.32645 | 1.33608 | 1.32698 |
| USDCHF | 0.84228 | 0.84245 | 0.84258 | 0.83232 |
| EURCHF | 0.94095 | 0.94116 | 0.94229 | 0.93733 |
| EURJPY | 163.988 | 164.009 | 165.177 | 163.725 |
| GBPJPY | 194.698 | 194.726 | 196.436 | 194.227 |