EURUSD Intra-day Analysis 18th Dec. 2020
Turning Down
Our Pivot: 1.2272
Our Preference: Short sell below 1.2250 with strict stop loss of 1.2272 and profit target at 1.2205 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2272 will call 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 | 1.17143 | 1.17152 | 1.17449 | 1.16526 |
| USDJPY | 144.279 | 144.289 | 145.298 | 143.751 |
| GBPUSD | 1.37267 | 1.37277 | 1.37658 | 1.36513 |
| USDCHF | 0.79914 | 0.79933 | 0.80618 | 0.79799 |
| EURCHF | 0.93621 | 0.93641 | 0.94031 | 0.9361 |
| EURJPY | 169.012 | 169.033 | 169.419 | 168.549 |
| GBPJPY | 198.045 | 198.073 | 198.62 | 197.69 |