Skip to main content

Daily Majors Roundup 14/07/2020


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

 

 

 


Comments