KVB PRIME Daily Analysis

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KVB PRIME Daily Analysis

USD/CAD Intraday: Further Upside.

Turning Point: 1.3675

Trading Strategy: Above 1.3675, go long with a target at 1.3730 and then 1.3760.

Alternative Strategy: Below 1.3675, go short with a target at 1.3650 and then 1.3630.

Technical Analysis: RSI technical indicator suggests a bullish outlook with further upward potential.

Support and Resistance Levels: 1.3790, 1.3760, 1.3730, 1.3711 (closing price), 1.3675, 1.3650, 1.3630.


GBP/USD Intraday: Under Pressure.

Turning Point: 1.2170

Trading Strategy: Below 1.2170, go short with a target at 1.2120 and then 1.2100.

Alternative Strategy: Above 1.2170, go long with a target at 1.2190 and then 1.2210.

Technical Analysis: RSI technical indicator shows a continued downtrend.

Support and Resistance Levels: 1.2210, 1.2190, 1.2170, 1.2142 (closing price), 1.2120, 1.2100, 1.2080.

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