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 | 1.16274 | 1.16282 | 1.16362 | 1.16035 |
| USDJPY | 154.575 | 154.586 | 156.29 | 154.052 |
| GBPUSD | 1.35373 | 1.35384 | 1.35456 | 1.3505 |
| USDCHF | 0.80889 | 0.80905 | 0.81107 | 0.80838 |
| EURCHF | 0.94055 | 0.94079 | 0.94184 | 0.93973 |
| EURJPY | 179.73 | 179.75 | 181.483 | 179.211 |
| GBPJPY | 209.252 | 209.28 | 211.25 | 208.629 |