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 | 1.13763 | 1.13771 | 1.13887 | 1.13731 |
| USDJPY | 157.482 | 157.489 | 157.691 | 157.18 |
| GBPUSD | 1.32255 | 1.32267 | 1.32459 | 1.32179 |
| USDCHF | 0.82973 | 0.82991 | 0.83002 | 0.82739 |
| EURCHF | 0.94393 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.158 | 179.181 | 179.466 | 178.805 |
| GBPJPY | 208.279 | 208.312 | 208.644 | 207.891 |