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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.162861.16298 1.16362 1.16256
USDJPY159.905159.917 159.966 159.827
GBPUSD1.346541.34689 1.34779 1.34542
USDCHF0.786910.78713 0.78872 0.78585
EURCHF0.91520.91552 0.91656 0.91474
EURJPY185.955185.987 186.095 185.846
GBPJPY215.316215.371 215.529 215.159


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