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 | 1.1788 | 1.17889 | 1.17919 | 1.17804 |
| USDJPY | 154.723 | 154.734 | 154.843 | 154.614 |
| GBPUSD | 1.34941 | 1.34957 | 1.35123 | 1.34847 |
| USDCHF | 0.7725 | 0.77268 | 0.77431 | 0.77131 |
| EURCHF | 0.9106 | 0.91092 | 0.91237 | 0.90899 |
| EURJPY | 182.394 | 182.422 | 182.51 | 182.265 |
| GBPJPY | 208.783 | 208.828 | 209.066 | 208.625 |