KVB Prime Daily Analysis

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KVB Prime Daily Analysis

NZD/USD intraday: the downside prevails as long as 0.5940 is resistance

Our pivot point is at 0.5940.

Our preference: the downside prevails as long as 0.5940 is resistance.

Alternative scenario: above 0.5940, look for 0.5967 and 0.5982.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.5928 and 0.5928).

Supports and resistances:0.5982 ,0.5967 ,0.5940 ,0.5930,0.5913 last,0.5880,0.5865 ,0.5849 ,0.5834


GBP/USD Intraday: bullish bias above 1.2710.

Pivot: 1.2710

Our preference: long positions above 1.2710 with targets at 1.2765 & 1.2785 in extension.

Alternative scenario: below 1.2710 look for further downside with 1.2690 & 1.2670 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:1.2800,1.2785,1.2765,1.2740 Last,1.2710,1.2690,1.2670


*This financial analysis is produced by Trading Central,only use the information as a reference.GBP/USD Intraday: bullish bias above 1.2650.


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