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 | 1.17028 | 1.17036 | 1.17449 | 1.16526 |
| USDJPY | 144.371 | 144.382 | 145.298 | 143.751 |
| GBPUSD | 1.37134 | 1.37145 | 1.37658 | 1.36513 |
| USDCHF | 0.80041 | 0.80059 | 0.80618 | 0.79799 |
| EURCHF | 0.9367 | 0.93695 | 0.94031 | 0.93632 |
| EURJPY | 168.956 | 168.977 | 169.419 | 168.549 |
| GBPJPY | 197.982 | 198.011 | 198.62 | 197.69 |