EURUSD Intra-day Analysis 6th Jan. 2021

Turning Down

Our Pivot: 1.2330

Our Preference: Short sell below 1.2310 with strict stop loss of 1.2330 and profit target at 1.2270 with extension towards 1.2250.

Alternate Scenario: Upward penetration of 1.2330 will call 1.2365.

NOTE: Euro is being capped by a strong horizontal resistant region and hourly momentum indicators are loosing strength.

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
EURUSD1.160751.16083 1.16251 1.16024
USDJPY159.919159.928 159.936 159.635
GBPUSD1.354511.35461 1.35601 1.35376
USDCHF0.809250.80946 0.81009 0.80656
EURCHF0.939370.9396 0.94006 0.93795
EURJPY185.625185.644 185.709 185.42
GBPJPY216.615216.637 216.639 216.299


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