EURUSD Intra-day Analysis 4th Jan. 2021
Turning Down
Our Pivot: 1.2287
Our Preference: Short sell below 1.2260 with strict stop loss of 1.2287 and profit target at 1.2215 with extension towards 1.2175.
Alternate Scenario: Upward penetration of 1.2287 will call 1.2320.
NOTE: Euro have given bearish breakout of its bullish price channel and now it's ready for an other bearish rally after completion of its bearish 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 | 1.15682 | 1.15691 | 1.16379 | 1.15466 |
| USDJPY | 154.094 | 154.105 | 154.452 | 152.161 |
| GBPUSD | 1.31538 | 1.31551 | 1.32197 | 1.31159 |
| USDCHF | 0.80232 | 0.80248 | 0.8038 | 0.79746 |
| EURCHF | 0.92815 | 0.92839 | 0.9298 | 0.92626 |
| EURJPY | 178.275 | 178.298 | 178.829 | 176.803 |
| GBPJPY | 202.692 | 202.728 | 203.282 | 200.968 |