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 | 1.16313 | 1.16344 | 1.16362 | 1.16256 |
| USDJPY | 159.88 | 159.933 | 159.963 | 159.827 |
| GBPUSD | 1.34584 | 1.34705 | 1.34769 | 1.34546 |
| USDCHF | 0.78624 | 0.78707 | 0.78872 | 0.78585 |
| EURCHF | 0.91513 | 0.91567 | 0.91656 | 0.91474 |
| EURJPY | 185.973 | 186.056 | 186.07 | 185.846 |
| GBPJPY | 215.222 | 215.401 | 215.48 | 215.159 |