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 | 1.17888 | 1.17897 | 1.17919 | 1.17804 |
| USDJPY | 154.737 | 154.749 | 154.843 | 154.614 |
| GBPUSD | 1.34949 | 1.34966 | 1.35123 | 1.34847 |
| USDCHF | 0.77248 | 0.77264 | 0.77431 | 0.77131 |
| EURCHF | 0.91064 | 0.91095 | 0.91237 | 0.90899 |
| EURJPY | 182.421 | 182.452 | 182.51 | 182.265 |
| GBPJPY | 208.812 | 208.858 | 209.066 | 208.625 |