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:
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 | 1.17187 | 1.17196 | 1.17449 | 1.16526 |
| USDJPY | 144.24 | 144.247 | 145.298 | 143.751 |
| GBPUSD | 1.37277 | 1.37287 | 1.37658 | 1.36513 |
| USDCHF | 0.79867 | 0.79886 | 0.80618 | 0.79799 |
| EURCHF | 0.936 | 0.93621 | 0.94031 | 0.93595 |
| EURJPY | 169.031 | 169.051 | 169.419 | 168.549 |
| GBPJPY | 198.005 | 198.035 | 198.62 | 197.69 |