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 | 1.16078 | 1.16087 | 1.16251 | 1.16024 |
| USDJPY | 159.915 | 159.923 | 159.936 | 159.635 |
| GBPUSD | 1.35454 | 1.35463 | 1.35601 | 1.35376 |
| USDCHF | 0.80918 | 0.80938 | 0.81009 | 0.80656 |
| EURCHF | 0.93932 | 0.93956 | 0.94006 | 0.93795 |
| EURJPY | 185.625 | 185.645 | 185.709 | 185.42 |
| GBPJPY | 216.613 | 216.634 | 216.637 | 216.299 |