KVB Prime Daily Analysis

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KVB Prime Daily Analysis

USD/CHF Intraday: the downside prevails.

Pivot: 0.8845

Our preference: short positions below 0.8845 with targets at 0.8815 & 0.8800 in extension.

Alternative scenario: above 0.8845 look for further upside with 0.8860 & 0.8875 as targets.

Comment: the RSI advocates for further downside.

Supports and resistances:0.8875,0.8860,0.8845,0.8826 Last,0.8815,0.8800,0.8785


GBP/USD Intraday: further advance.

Pivot: 1.2590

Our preference: long positions above 1.2590 with targets at 1.2650 & 1.2670 in extension.

Alternative scenario: below 1.2590 look for further downside with 1.2565 & 1.2545 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:1.2690,1.2670,1.2650,1.2622 Last,1.2590,1.2565,1.2545

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