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 | 1.0442 | 1.04426 | 1.04433 | 1.04242 |
| USDJPY | 155.044 | 155.059 | 155.798 | 154.997 |
| GBPUSD | 1.24566 | 1.24579 | 1.24596 | 1.24338 |
| USDCHF | 0.90323 | 0.9034 | 0.90519 | 0.90308 |
| EURCHF | 0.94318 | 0.94343 | 0.94419 | 0.94199 |
| EURJPY | 161.898 | 161.915 | 162.501 | 161.818 |
| GBPJPY | 193.137 | 193.174 | 193.781 | 193.024 |