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:

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Technical Levels

Level 1st 2nd 3rd
Supports0.000.000.00
Resistances0.000.000.00

Forex Live Prices

TickerBidAskHighLow
EURUSD1.163131.16344 1.16362 1.16256
USDJPY159.88159.933 159.963 159.827
GBPUSD1.345841.34705 1.34769 1.34546
USDCHF0.786240.78707 0.78872 0.78585
EURCHF0.915130.91567 0.91656 0.91474
EURJPY185.973186.056 186.07 185.846
GBPJPY215.222215.401 215.48 215.159


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