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 | 1.15766 | 1.15774 | 1.15866 | 1.15663 |
| USDJPY | 159.654 | 159.662 | 159.785 | 159.308 |
| GBPUSD | 1.35347 | 1.35356 | 1.35596 | 1.35191 |
| USDCHF | 0.8124 | 0.81255 | 0.81285 | 0.80947 |
| EURCHF | 0.94048 | 0.94072 | 0.9408 | 0.93756 |
| EURJPY | 184.825 | 184.847 | 184.921 | 184.43 |
| GBPJPY | 216.088 | 216.113 | 216.238 | 215.756 |