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 | 1.04347 | 1.04354 | 1.04962 | 1.04245 |
| USDJPY | 155.693 | 155.704 | 155.73 | 154.426 |
| GBPUSD | 1.24451 | 1.24465 | 1.25064 | 1.2436 |
| USDCHF | 0.905 | 0.90516 | 0.9057 | 0.90091 |
| EURCHF | 0.94433 | 0.94456 | 0.94756 | 0.94356 |
| EURJPY | 162.457 | 162.482 | 162.537 | 161.556 |
| GBPJPY | 193.757 | 193.794 | 193.802 | 192.691 |