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KVB PRIME Daily Analysis

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KVB PRIME Daily Analysis

GBP/USD intraday: there is downward pressure.

Turning point: 1.2665

Trading strategy: Below 1.2665, bearish with a target of 1.2600, then 1.2575.

Alternative strategy: Above 1.2665, bullish with a target set at 1.2690, then 1.2725.

Technical analysis: Although we cannot rule out the possibility of continued technical rebound, its duration should be limited.

Support and resistance levels: 1.2725, 1.2690, 1.2665, 1.2634 closing price, 1.2600, 1.2575, 1.2550


USD/CAD intraday: Above 1.3510, bullish.

Turning point: 1.3510

Trading strategy: Above 1.3510, bullish with a target of 1.3560, then 1.3585.

Alternative strategy: Below 1.3510, bearish with a target set at 1.3475, then 1.3455.

Technical analysis: A support bottom has formed around 1.3510, bringing stability to the short-term trend.

Support and resistance levels: 1.3625, 1.3585, 1.3560, 1.3537 closing price, 1.3510, 1.3475, 1.3455

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