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 | 1.17113 | 1.1712 | 1.17449 | 1.16526 |
| USDJPY | 144.313 | 144.322 | 145.298 | 143.751 |
| GBPUSD | 1.37234 | 1.37244 | 1.37658 | 1.36513 |
| USDCHF | 0.79924 | 0.79942 | 0.80618 | 0.79799 |
| EURCHF | 0.93604 | 0.93627 | 0.94031 | 0.93592 |
| EURJPY | 169.008 | 169.026 | 169.419 | 168.549 |
| GBPJPY | 198.045 | 198.069 | 198.62 | 197.69 |