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 | 1.13893 | 1.13902 | 1.13951 | 1.13819 |
| USDJPY | 163.799 | 163.808 | 163.887 | 163.729 |
| GBPUSD | 1.32909 | 1.3292 | 1.33018 | 1.32764 |
| USDCHF | 0.8192 | 0.81936 | 0.82011 | 0.81747 |
| EURCHF | 0.93302 | 0.93327 | 0.93343 | 0.93179 |
| EURJPY | 186.556 | 186.581 | 186.709 | 186.451 |
| GBPJPY | 217.705 | 217.731 | 217.886 | 217.481 |