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 | 1.15365 | 1.15375 | 1.15483 | 1.15346 |
| USDJPY | 160.401 | 160.411 | 160.412 | 160.299 |
| GBPUSD | 1.33714 | 1.33728 | 1.33904 | 1.33619 |
| USDCHF | 0.79891 | 0.79908 | 0.79969 | 0.79725 |
| EURCHF | 0.92166 | 0.92191 | 0.92226 | 0.92055 |
| EURJPY | 185.044 | 185.071 | 185.189 | 184.966 |
| GBPJPY | 214.484 | 214.511 | 214.71 | 214.303 |