EURUSD Intra-day Analysis 17th Dec. 2020
Turning Down
Our Pivot: 1.2250
Our Preference: Short sell below 1.2235 with strict stop loss of 1.2250 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2255 will call for 1.2280 and 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 | 1.053 | 1.05308 | 1.05552 | 1.05237 |
| USDJPY | 154.483 | 154.495 | 155.498 | 154.415 |
| GBPUSD | 1.26379 | 1.26389 | 1.2665 | 1.26314 |
| USDCHF | 0.88333 | 0.88354 | 0.88522 | 0.882 |
| EURCHF | 0.93018 | 0.93041 | 0.93324 | 0.92982 |
| EURJPY | 162.673 | 162.693 | 163.974 | 162.553 |
| GBPJPY | 195.236 | 195.268 | 196.828 | 195.107 |