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 | 1.14432 | 1.1444 | 1.14956 | 1.14045 |
| USDJPY | 143.626 | 143.635 | 143.977 | 142.529 |
| GBPUSD | 1.3582 | 1.35834 | 1.36173 | 1.35397 |
| USDCHF | 0.81995 | 0.82011 | 0.82161 | 0.8171 |
| EURCHF | 0.93834 | 0.93858 | 0.94009 | 0.93317 |
| EURJPY | 164.353 | 164.375 | 164.685 | 162.879 |
| GBPJPY | 195.071 | 195.104 | 195.51 | 193.242 |