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 | 1.13884 | 1.13893 | 1.13951 | 1.13819 |
| USDJPY | 163.806 | 163.817 | 163.887 | 163.729 |
| GBPUSD | 1.32901 | 1.32912 | 1.33018 | 1.32764 |
| USDCHF | 0.81925 | 0.81945 | 0.82011 | 0.81747 |
| EURCHF | 0.93304 | 0.93328 | 0.93343 | 0.93179 |
| EURJPY | 186.553 | 186.574 | 186.709 | 186.451 |
| GBPJPY | 217.704 | 217.727 | 217.886 | 217.481 |