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 | 1.04373 | 1.0438 | 1.04962 | 1.04245 |
| USDJPY | 155.68 | 155.693 | 155.73 | 154.426 |
| GBPUSD | 1.2447 | 1.24483 | 1.25064 | 1.2436 |
| USDCHF | 0.90483 | 0.90497 | 0.9057 | 0.90091 |
| EURCHF | 0.9444 | 0.94461 | 0.94756 | 0.94356 |
| EURJPY | 162.491 | 162.514 | 162.537 | 161.556 |
| GBPJPY | 193.776 | 193.8 | 193.813 | 192.691 |