Today’s Market Update (14/07/2020)
US Health officials & drug makers expect to start producing potential CoVid 19 vaccine doses by the end of the summer, a senior administration official said.
Forex Majors
EURUSD CMP: 1.1340
Composite Strength Meter
suggests 89% Buy
Trend : Strong Buying
Entry Points: 1.1320, 1.1290
Profit Booking Points: 1.1390,
1.1420
Trend Changing Zone: 4H
closing below 1.1100
AUDUSD CMP: 0.6940
Composite Strength Meter
suggests 80% Buy
Trend : Strong Buying
Entry Points: 0.6920, 0.6900
Profit Booking Points: 0.6977,
0.6993
Trend Changing Zone: 4H
closing below 0.6827
NZDUSD CMP: 0.6533
Composite
Strength Meter suggests 80% Buy
Trend : Strong
Buying
Entry Points:
0.6520, 0.6490
Profit Booking
Points: 0.6570, 0.6590
Trend Changing
Zone : 4H closing below 0.6400
USDJPY CMP: 107.15
Composite Strength Meter
suggests 78% sell
Trend: Strong Selling
Entry Points: 107.30, 107.50
Profit Booking Points 106.70,
106.50, 106.10
Trend Changing Zone: 4H
closing above 108.20
USDCHF CMP: 0.9420
Composite Strength Meter suggests
77% Sell
Trend: Strong Selling
Entry Points: 0.9430, 0.9470
Profit Booking Points: 0.9390,
0.9370, 0.9350
Trend Changing Zone: 4H
closing above 0.9550
GBPUSD
CMP: 1.2556
Composite Strength Meter suggests 52% selling
Trend
Neutral
Avoid
Trading
XAUUSD CMP: 1798
Composite Strength Meter
suggests 60% buy
Trend
Neutral
Avoid
Trading
WTIUSD CMP: 39.27
Composite Strength Meter
suggests 60% sell
Trend: Neutral
Avoid
Trading
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